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  1. Pensions main source of finance for half of households as income falls again
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    not be able to deal with an unexpected cost of 500 euros, while just over half (51.4 percent) said

    3%

  2. Newsletter 105 - 03/02/2017

    Newsletters

    , while staff numbers were further reduced which also reflects ongoing cost containment efforts

    3%

  3. Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    for 2016. The marked drop in operating expenses led to efficiency gains with Greek banks’ cost to income

    3%

  4. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    thereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than

    3%

  5. IMF sees much scope for reform progress, particularly on tax in Article IV report
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    also reflecting fatigue associated with the social cost of adjustment. In addition, fiscal reforms

    3%

  6. Tsakalotos and Stournaras raise objections to IMF assumptions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    on the methodology assumed in the comparison of the pension cost in Greece compared to the other

    3%

  7. Lack of clarity across the board highlights review impasse
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    debt. “As a result, the actual cost to Greece of servicing its debt is among the lowest in Europe

    3%

  8. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    One of the issues discussed in a recent International Monetary Fund paper deals with the Greek pension system and notes that the most recent reform goes in the right direction since it removes some distortions and reduces the overall pension cost. However, the Fund stresses that it falls short

    3%

  9. Athens and lenders left with gap to bridge ahead of Eurogroup
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    at less than 9 per cent of GDP. Furthermore, the eurozone average relates solely to the cost

    3%

  10. Greece forced to revisit prickly subject of pension spending to conclude review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    goes in the right direction, removing some distortions and reducing the overall pension cost, it fell

    3%