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NPLs: The Achilles heel of the Greek banking system
Agoralending, at 60 percent in 2013, implying a 3 pp rise on 2012 number. That is almost double compared to the central bank for 2013, while the rate of increase (3 pp) is much lower than the respective BoG..., 3 pp lower than its respective loan market share. This is explained by the bank’s limited M&A
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A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
Economyprocess over a 7-year horizon with estimated revenues of 3 billion in the first year. This implies... body to manage private debt as well as the establishment of the new banks is projected at 3 billion... are estimated at 3 billion euros from the first year refraining from providing details on specific
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economy30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 7) Abolition... earning up to 700 euros gross per month (543.1 million). 3) Free access to the public health care... at 5,000 euros) to pre-crisis levels at 12,000 euros with an estimated cost of 1.5 billion. 3
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek PoliticsOrganisation to grant 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). Funding.... The second pillar relates to a downward adjustment of the primary surplus targets from the 3 percent... of the “unrealistic” 3 percent for 2015 and 4.5 percent for the next year, as envisaged by the MoU
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Greece sends reform list to creditors, here's an outline of what it's likely to contain
PoliticsGreek Politics30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 2) A large part... stated that the government aims to collect revenues of 3 billion from the new legislation on settlement of unpaid tax obligations 3) A list of structural reforms, also incorporated in the Thessaloniki
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomytotalling up to 5,000 stands at 2.3 billion (3 percent). Unpaid tax obligations higher than 5,000... settlement process over a 7-year horizon, with estimated revenues of 3 billion in the first year. Valavani... corporate or state-controlled companies. The Finance Ministry aims to collect 3 billion or one-third
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Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 3 percent in the third quarter of 2013, confirming flash estimates released on November 14, according to provisional data published by the Hellenic..., a fourth-quarter GDP contraction at third quarter levels (i.e. at 3 percent) will result in a GDP erosion
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyGreece’s central government primary cash balance posted a surplus of 3 billion euros in the 10-month period from deficit of 3.42 billion last year, according to the Bank of Greece (BoG). This implies... figure of 5.1 billion. The reconciliation of the BoG primary cash surplus of 3 billion to MoF
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammea primary surplus for 2015 in line with the Economic Adjustment Program target of 3 percent. Reforms As we... (125 million). 3) Public finance management with targeted revenues of 380 million particularly from
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Industrial production drops by 3 pct in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) fell by 3 percent in February after rising in the preceding three months, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The February... was manufacturing production (up 3 percent) more than offsetting a drop in electricity and water supply
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