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Newsletter 47 - 16/10/2015
in the statutory retirement age, failed to prompt an outcry among SYRIZA and Friday's vote will likely set.... New Democracy’s approach will likely set the pattern for Greek politics over the next few months... that changing the man at the top will breathe new life into New Democracy shows just how far the rot has set
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Greek banks complete book building: A recap of where we stand
Economybillion. Since the offer prices of all book building processes were set way below the minimum price... state aid. The offer price was set at 0.04 euros, reflecting a discount of 34.4 percent on the last... and bond investors. The offer price of the book building process was set at 0.01 euros, which
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgramme-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well... on the second set of milestones that have to be implemented by mid-December to unlock the next sub-tranche... on to the second set of measures, while also called on the Greek authorities to tackle the remaining
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesthat in several of the sub indicators, scores have been recalibrated at certain points in the data set... in the first available data set for Greece as of 2006, and stood at 75.3 in the current set. However... performs most poorly in this indicator with a rank of 153. The data set, available from 2005
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Athens welcomes volume, form of Commission's pandemic recovery plan
Economyprofiles. The Commission proposed a set of tools that will address the different aspects of the crisis... line of 240 billion, set a powerful stimulus to tackle the pandemic crisis. Greece is set to receive up... euros, mainly in the form of grants funded via joint debt issuance,” he said. “The bar has been set
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Mitsotakis focuses on economy as SYRIZA concentrates on leadership contest
PoliticsGreek PoliticsMinister Kyriakos Mitsotakis is preparing to set out his economic policy proposals and reform ideas... as part of the ongoing effort to generate confidence in the markets. Mitsotakis is expected to set... is also due to set out his ideas for structural reforms in the are of public healthcare, which he has
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Labour market reforms did exactly what they were supposed to
Agoramoderation and led to higher prices. The wage-bargaining processes set relatively high minimum wage... allow local pay agreements to set wage growth below sectoral agreements and introduce variable pay... sector wages did not stay intact for long. Although the first set of labour market reforms did
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Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammerequirement needed to set up such an organisation. Greece’s lenders have not been willing so far to direct... a blueprint on the set-up of national asset management companies (AMCs). The proposals show member states how they can set up national AMCs that are in full compliance with EU banking and State aid
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammelow and the interventions that are due to be announced look set to fall below the bar set... for the last few weeks after being satisfied that Athens has met the targets that had been set... euros. The government is estimated to have already set aside around 6 billion euros
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Greek leaders' contrasting visions all a blur
Agoraforth from SYRIZA, New Democracy and their supporters, the party’s two leaders have set out... be a shame under any circumstances, but especially as Greek leaders have started to set out plans... a three-pillar system that was reformed in 2017 and the transition period for the first pillar was set
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