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  1. Newsletter 277 -11/12/2020

    Newsletters

    . The latest reading is the lowest since July 2015 when it fell by -2.2 percent. The data showed

    42%

  2. Puzzling reaction to army reservists' call for government to resign

    PoliticsGreek Politics

    An unusual announcement by a little known army reservists’ group calling for the government to resign prompted an emergency late night meeting of top ministry and judicial officials on Wednesday. There was surprise that the government gave such attention to the statement, which amounted to a demand

    41%

  3. Strike legislation, auctions present Athens with challenges in wake of SLA
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Despite reaching a staff-level agreement (SLA) with its lenders a few days ago, the Greek government continues to face challenges in implementing some of the commitments it made to the institutions. Soon after submitting to Parliament on Monday an amendment introducing a new rule for strikes

    40%

  4. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    entities. Similar to January, the state budget recorded the highest surplus at 852 million, yet... million euros, of which 181 million relate to hospitals and 119 million to social security funds. State

    33%

  5. Newsletter 143

    Newsletters

    After SLA, prior actions dominate The clock is ticking to wrap up outstanding items before January deadline The Greek government achieved the goal of securing a staff-level agreement (SLA...’s Eurogroup rubber-stamped the SLA reached in Athens last weekend. Outgoing Eurogroup chief Jeroen

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  6. After raising labour concerns, back to grind of talks for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    agreement (SLA) ahead of the April 7 Eurogroup in Malta. If this target is missed, the next goal would be to reach an SLA in time for the IMF Spring Meetings, which are due to take place in Washington between April 21 and 23. Reports from Brussels suggest that failure to clinch an SLA by April 7 means

    33%

  7. Athens sees faster pace of progress in review talks but no final deal yet
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the interventions proposed by the IMF, with the rest being ones that the Greek side has identified. SLA...-level agreement (SLA) could be reached by the March 20 Eurogroup, decoupling the conclusion... that the whole package, including the SLA, measures and counter-measures, fiscal targets beyond 2018

    31%

  8. Greece's 2015 budget: A breakdown of all the key figures

    EconomyMacroeconomy

    percent) compared to imports (+2.2 percent). In contrast, public consumption is seen remaining... a positive impact on general government fiscal figures of 852 million (0.47 percent of GDP) in 2013

    31%

  9. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018

    31%

  10. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    (1.3 billion), development of Hellenikon (345 million), sale of real estate and shares (277 million... interventions for a total of 5.73 billion euros for 2015 and 2016, of which 1.54 billion relate to this year... for the 2-year period mainly relate to: contributions to social security organizations (1.11 billion), largely

    29%