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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgramme. On the elimination of the solidarity grant (EKAS), the draft SMoU notes it will result in cost
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Eurogroup leaves Greece snared between its creditors
Agora. This would provide some space to ease the tax burden and the cost of labour for businesses
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IMF sets out its stall as review deliberations resume in Athens
EconomyProgramme, the Fund notes that the recent pension reform reduces this cost by just 1 percent of GDP, which
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Bill aims to encourage more electronic transactions in Greece
EconomyMacroeconomyconducted via electronic payments at an annual cost of 12 million euros. With all those actions
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Tsipras gets no encouragement from lenders, left to consider next move
PoliticsGreek Politics, which the government would prefer to avoid). Tsipras will have to weigh the political cost of taking
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Athens settles pension handout row, looks for review progress
EconomyProgramme. Moreover, the cost of the suspension of the increased VAT rate on Aegean islands, estimated at 50
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PMI rises to 49.3 in Dec but likelihood of growth remains slim
EconomyMacroeconomy. The average cost burden notably rose in December mostly due to higher prices for steel, zinc
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BoG report reveals impact on banks’ capital from NPE reduction and loan sales
EconomyBankingpercent per annum from mid-2016 until the end of 2019 and a cost of risk (CoR) of 0.8 percent
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ESM board to specify rules on short-term debt relief measures
EconomyProgrammearrangements to stabilise the cost of funding for Greece and at the same time to reduce the risk
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ESM and EFSF approve short-term debt relief measures for Greece
EconomyProgramme, the BoDs adopted the rules implementing the short-term measures ensuring that the cost
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