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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammeentities to recycle cash surpluses around 6 billion out of the 10.7 billion ought to be consolidated... by September and financing needs until then would be covered by about 6 billion from the Hellenic
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammeof 6 percent on pharmaceuticals, books and theatre, 13 percent for basic food, energy, hotel... in nominal terms until 2021 · increase in the health contributions for pensioners from 4 to 6 percent
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyfor deposit build-up of 4.5 billion (compared to 7.7 billion proposed by the IMF) 6) Privatization proceeds of 2.5 billion (versus 1.5 billion projected by the IMF) 7) General government cash surplus of 6
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Tsipras suffers serious knocks in prior actions vote but emerges on his feet
PoliticsGreek Politicssigned on Monday in Brussels, while 64 voted against, 6 abstained and 1 was absent in the 300-seat... to marshal his party as 32 voted against, 6 abstained and 1 was absent. This means that out of 162... leads the Left Platform (which voted en masse against the bill), said after the vote that he
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyFY target of 454 million) 6) Consumption and non-allocated expenditure (at 28.2 percent... with revenues and expenditure at just 6 and 44 million respectively. For the 7-month period, PIB
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Opinion polls indicate fragmentation, close election race
PoliticsGreek Politicsat around 7 and 6 percent respectively 5) PASOK, which announced over the weekend that it will work... percent threshold to enter Parliament 6) In contrast, coalition partner Independent Greeks seems
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Newsletter 41 - 04/09/2015
decided to pay the whole amount via credit card. While those taxpayers paid off the amount in 6 to 12... for vision they can believe in, Potami remains stuck at around the 6 percent it received in January
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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgramme-reduced rate was set at 6 percent for pharmaceuticals, books and theatre and a reduced rate of 13... percent (from 11 percent) and for annual income above 12,000 euros to 35 percent (from 33 percent). 6
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Lenders also require health and labour market reforms from gov't in next months
EconomyProgrammefor pensioners. In specific, health contributions for main pensions have been increased from 4 to 6 percent, while for supplementary pensions a similar rate of 6 percent was introduced for the first time
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyat 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure... on income from rents (200 million) 6) Increase in the advance tax payment for legal entities (130 million
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