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BoG proposes debt relief measures and lower primary surplus target from 2018
EconomyMacroeconomy: 1) GDP growth in line with the adjustment programme until 2022 and 1.5 percent thereafter 2) Inflation close to 2 percent until 2019 3) EFSF and ESM loan rates of 2.6 percent in 2020 and 3.5 percent... 5) Greek government bond (GGB) rates of 4.25 percent 6) IMF loan rates of 3.65 percent until 2020
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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politicsstance until Saturday, when its leader Fofi Gennimata labelled the government’s proposal a “spasmodic... immediate effect. If the draft law garners a simple majority, it cannot apply until the next elections.... The coalition’s proposal centres on three key themes: · Scrapping the 50-seat bonus for the winning part
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Wage ruling gives gov't immediate fiscal headache, political one may come later
PoliticsGreek Politicsdecision has not been published and until it is there is a possibility that the ruling’s details... and others. It is appeals from this group that will be of most concern to the government. Until the court... on wage maturities If this proves to be correct, the government faces a challenge in finding
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Newsletter 59 - 22/01/2016
to influence events remained limited. Sadly, Greeks paid a very heavy price until SYRIZA came.... Until the Greek economy starts growing again, there will not be much that any government can do.... The next privatisation projects include the submission of binding bids for the full sale of rail
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BoG charts how crisis has affected private sector employment
Economyincreased by 16 percent or by 30,000 until November 2013. Nominal daily wages for men rose 6.7 percent... reduction at 22.2 percent. The study concluded that since the beginning of the Greek crisis until December... private sector employment has been affected during the crisis. The first finding is related
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GSEE report stresses risks on employment and the pension system, outlines burden on wages
Society. Similarly, labor productivity reached 91 percent of the EU average in 2003 and remained stable until..., the breakeven year would be extended until 2025. Nevertheless, the deep and prolonged recession coupled... and the remaining supported corporate profitability. This finding is a strong indication that export
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Newsletter 321 - 17/12/2021
of the reinvestment programme, which was extended by one more year at least until the end of 2024... expect up to 5 billion euros of GGB purchases until the end of March, which is when PEPP will conclude... was 88.4 pct, while for those who were brought into ICUs, the rate was 62.2 pct. This finding
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Newsletter 207 -24/05/2019
a short deadline until June 28 to make their application, taxpayers who owe social security contributions have until September 30. The scheme is being closely watched by Athens’ creditors, who have... the winning margin, and not who will win.” In a speech this week, Mitsotakis argued that a convincing win
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Turkish truculence added to factors being considered as PM weighs up snap polls
PoliticsGreek Politicsrather than wait until next summer. One school of thought is that the deterioration... and commentary about snap elections is that no final decision will be taken by Mitsotakis until... the winning party, or parties, to collect at least 44 pct of the vote. The conservatives are hopeful
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Unveiling of relief package imminent as electoral law speculation is revived
PoliticsGreek Politicsto the relief package will be the electricity subsidy, which is due to run until the end of the year... space until the end of 2022 will reach 350 million euros monthly, growth will be above 5 pct this year... one that would make it easier for the winning party to gain a majority. Under the system passed by ND
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