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For better or worse: Greece's bailout exit deja vu
Agoraof pensions spending by 1 percent of GDP and collecting more revenues, also worth 1 percent of GDP
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IMF voices concerns over long-term debt, sees more relief being needed
EconomyProgramme-term growth cannot exceed 1 percent, and even those assumptions can only be achieved if Greece..., which brings real growth that exceeds 1 percent. In the IMF’s baseline scenerio, although debt-to-GDP
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeof the compensatory measures that have been agreed with the lenders in return for implementing 1 percent... to be tabled by October 1 so that its review by EU authorities can begin under the terms of the European
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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomyBuilding permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure marks... drop of 1 percent, improving against the drop of 2.4 percent in 2016. The latest confidence indicator
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Central government debt rises to 345.38 billion in Q2
EconomyMacroeconomy(up to 1 year) and medium-term (1 to 5 years) debt accounted for 13.2 and 10.8 percent of the total
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Focus turns to first post-MoU visit by creditors and talks on pension cuts
EconomyProgrammethat cutting pension expenditure by 1 percent of GDP is not necessary in fiscal or structural terms... by October 1 before the economic plan is handed over to the European Commission on October 15 as part
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Recent study issues warning over ageing population, future pension burden
Societytoday to 1.4 million under an optimistic scenario and 1 million in an adverse scenario, by 2050... to retirees is 1.3 workers to 1 pensioner, with 3.6 million workers paying contributions to the pensions
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Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
EconomyProgrammeThe Greek government has given its clearest indication yet that it does not intend to implement the 1 percent of GDP in pension cuts due next year. Ahead of the first meeting of Alexis Tsipras’s new... on September 10. The main proposals for tax cuts are: 1. A reduction in the basic tax rate from 22 percent
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Alpha Bank makes loss of 52.9 mln in Q2, reaching profit of 12.3 mln in H1
EconomyBankingthe 1 billion euro Jupiter portfolio of SME loans secured by real estate and the Mercury portfolio... Equity Tier 1 (CET1) ratio stood at 18.5 percent, up slightly from the previous quarter’s figure
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Tax cuts set to lead package of post-MoU pledges by Tsipras
PoliticsGreek Politicsout of the excess surplus for 2019, which is expected to surpass 1 billion euros. The 2018 excess..., the measures are costed at between 750 million and 1 billion euros, with around 2/3 of the sum
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