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  1. First days of talks confirm gap between Greece, lenders on pensions

    PoliticsGreek Politics

    , it is not clear yet whether lenders would agree to a lower increase, such as 0.5 pp each for employers and employees. Each 0.5 pp rise in contributions is estimated to entail incremental revenues of around 150

    4%

  2. Unresolved pensions issues complicate the fiscal front

    EconomyProgramme

    and welfare state. Although not clear at the moment whether this decision is binding for the Finance Ministry... estimated up to 3.7 billion (2 percent of GDP). Another issue relates to the pending pensions, i.e.

    4%

  3. BoG outlines steps to economic recovery, updates on banks' asset quality
    Bank of Greece

    EconomyMacroeconomy

    development law with clear growth incentives should have a positive contribution to business sentiment...In its annual report released on Thursday, the Bank of Greece (BoG) estimated that the recession will bottom out and expects a slight recovery during the second half of the year subject to political

    4%

  4. Greece recalls ambassador in Austria, waits for EU position on refugee crisis

    PoliticsForeign Policy

    with Turkey. The Greek government feels that it was let down over this pledge. It is clear... and 3,000 migrants are arriving every day and only a few hundred are leaving. It is estimated

    4%

  5. Newsletter 73 - 13/05/2016

    Newsletters

    by February 2018 (when all accruals have been accounted for) it could become clear that the fiscal brake... that are estimated to yield 2 percent of GDP and overall two-thirds of the required fiscal measures

    4%

  6. Newsletter 79 - 24/06/2016

    Newsletters

    as a result of his blinkered decisions but the true cost of the damage will only be clear when... euros for Greek banks, with an estimated positive impact of 75–90 million on their net interest

    4%

  7. Marinopoulos travails point to wider difficulties for supermarket sector

    EconomyFeatures

    in the Greek psyche of Greek consumers, making it clear that the Greek supermarket sector must constantly... is estimated at around 1 percent of Greece’s GDP and around 13,000 people are employed by them. The company’s

    4%

  8. Justice can't be blind to facts in 2009 deficit case

    Agora

    revolves around a longstanding dispute over Greece’s deficit data in 2009, which made it clear... the 2009 budget to Parliament. It estimated growth of 5.9 percent of GDP and a state deficit of 8.8

    4%

  9. Newsletter 89 - 23/09/2016

    Newsletters

    with Tsipras last Saturday for clear-the-air talks after anti-corruption prosecutors raided his wife’s office.... In addition, the project would create an estimated 90,000 jobs by 2041. The government is expected

    4%

  10. Greece gears up for second review, faces wide-ranging reform to-do list

    EconomyProgramme

    plus 1.7 billion to clear state arrears. Although the agenda of this review is widely perceived...) scheme and to legislate reforms to welfare benefits. The GMI cost is estimated at 0.5 percent of GDP

    4%