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  1. IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    IV consultation on Greece. The fund’s baseline scenario foresees a long-term GDP growth of 1... set by the third eurozone bailout programme. However, there was a convergence that fiscal policy... the government’s recent estimate of close to 2 percent, while a marginal improvement to 1 percent of GDP

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  2. Newsletter 111 - 17/03/2017

    Newsletters

    SYRIZA would suffer too much political damage if it takes sole responsibility for the new set.... The IMF has demanded a reduction in the tax-free threshold, aiming for additional revenues of 1...) in the fourth quarter (Q4) of 2016, after rising 1 percent in Q3, ELSTAT figures revealed. However

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  3. ESM takes stock of Greece's sovereign vulnerability
    Photo by MacroPolis

    EconomyProgramme

    , loss of competitiveness and external imbalances. The assessment made by the ESM is based on a set... indicator, a score of 1 to 4 is assigned in the ESM’s analysis. Specifically, if a country is among... the 25 percent worst-performers are assigned the score 1 (most vulnerable). To identify the cut-off

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  4. HRADF's updated asset development plan sets out next batch of privatisations
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    (general mining and metallurgical company) as well as the state’s minority holdings in OTE (1 percent) and Folli-Follie Group (1 percent). It is noted that 50 percent of the profits generated by HCAP... the invitation for the submission of expressions of interest for DESFA with the deadline set for July 24

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  5. Newsletter 131 -15/09/2017

    Newsletters

    being set for September rather than August as initially planned. Primary expenditure declined by 20.9... of long-term unemployed (over 1 year) fell to 752,000 for a second straight quarter. The Greek non... by a fall in the number of unemployed by 95,500 to 1 million, along with a rise in the number

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  6. EC sees lower growth in 2017 but no concerns for fiscal targets
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    at 20.4 percent in 2018 and below the 20 percent mark in 2019, at 18.7 percent. Inflation will be above 1... reach without the need of added measures. The current set of legislated fiscal measures is enough... 2017 that include 1 percent of GDP in pensions savings. According to the Commission, this combination

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  7. E-auctions get underway as draft SLA is prepared
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    for incomes. This means it would be implemented from January 1, 2019 along with the next round of pension cuts. Each measure is seen delivering 1 percent of GDP in savings/revenues. Greece and the institutions are aiming to agree on the SLA by Saturday, when the last set of talks are due to take place

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  8. Newsletter 160 -04/05/2018

    Newsletters

    of the next regional and municipal vote has not yet been set and the two choices open to the government... billion. Credit contraction at 1 pct in March Monthly movement brings outstanding balance to 180.34 billion Credit contraction in the Greek market came to 1 percent in March compared to a contraction

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  9. Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    on the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos also had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos... to reduce pension spending by 1 percent of GDP or whether it will be able to avoid the cuts, a number

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  10. For better or worse: Greece's bailout exit deja vu
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    to 2060 set by Greece’s lenders has not been achieved by anyone before and needs to be reconsidered... of pensions spending by 1 percent of GDP and collecting more revenues, also worth 1 percent of GDP

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