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  1. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    of 1.45 billion) 3) Consumption and non-allocated expenditure (at 51 million, only 3.3 percent

    7%

  2. This is how things stand as bailout talks head for a brief pause

    EconomyProgramme

    The Greek government and the institutions seem to have reached a consensus on a fiscal gap in the region of 3 percent of GDP for Greece to meet the primary surplus target of 3.5 percent of GDP in 2018. There is also convergence on the type of fiscal interventions required to achieve this target

    7%

  3. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    The government and the institutions have broadly agreed that circa 1 percentage of the anticipated fiscal gap of around 3 percent of GDP by 2018 would be covered by the overhaul of the tax system. This would be brought about through a combination of broadening the tax base, which is favoured

    7%

  4. Economic sentiment rebounds in March, consumer confidence nosedives

    EconomyMacroeconomy

    high of -5.3 posted in January. The retail trade indicator eased 0.2 points to 3 in March, after

    7%

  5. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    trade indicator slipped 0.2 points to 3 in March, after posting strong gains of 34.2 points

    7%

  6. Newsletter 68 - 01/04/2016

    Newsletters

    Convergence on fiscal gap Government aims for swift conclusion of first programme review The Greek government has broadly converged with the institutions on a fiscal gap of 3 percent of GDP (5.4 billion euros) by 2018, government spokeswoman Olga Gerovasili told a regular press briefing earlier

    7%

  7. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    on a fiscal gap of 3 percent of GDP by 2018. Upcoming discussions will focus on agreeing

    7%

  8. Range of issues unresolved as programme talks resume in Athens

    EconomyProgramme

    ) market and creation of the new privatisation fund. Greece has accepted a fiscal gap of 3 percent of GDP

    7%

  9. Notable drop of 1.5 pct in March CPI

    EconomyMacroeconomy

    territory for more than 3 years. Since March 2013, when CPI turned negative for the first time

    7%

  10. Greek stocks slip 1.7 pct during week with subdued volumes

    Economy

    was recorded by non-financials, namely: Folli-Follie (+4.7 percent), Aegean Airlines (+3 percent

    7%