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Newsletter 65 - 04/03/2016
that were included in the 2016 budget but The IMF says “good progress” has been made among the institutions... months. 2 Refugees and review linked Key question over EU motives for keeping Athens afloat
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammepercent to 10 percent. In the 2016 budget, the government incorporated revenues of around 750 million... (314 million) 2) Increase in the tax rates on income from rents (142 million) 3) Increase in the tax
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This is how things stand as bailout talks head for a brief pause
EconomyProgramme, some of which have been incorporated in the 2016 budget but others have yet to be identified.... The mission chiefs are expected to return to Athens on April 2 and resume discussions on ground with Greek
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Newsletter 68 - 01/04/2016
incorporated in the 2016 budget, such as new levy on OPAP gambling products and cuts in military expenditure... and cosmetics (+0.5 percent). January’s slip in retail sales was fuelled by a drop in petrol prices. 2
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Hopes of swift deal on contingent measures doused by technical, political complications
PoliticsGreek Politicsto agree on how the 2 percent of GDP (3.6 billion euros) in contingent measures could be legislated... to review the budget execution and flag up any deviation, prompting corrective action. An automatic
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsat an agreement on the process of defining the extra 2 percent of GDP in standby measures needed.... Also, under the Greek proposal, the minister could exempt one or more ministries from the budget
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Delays in concluding programme review are credit negative for Greece, says Moody’s
EconomyIn its latest comment on Greece included in the weekly credit outlook of May 2, Moody’s notes that the delays in the country’s bailout programme review are credit negative since they increase..., while budget net revenues were 0.6 percent lower than their target in the first quarter, the rating
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Tsipras upbeat after vote, Eurogroup but deal details may still present problems
PoliticsGreek Politicsminister to order spending cuts if it is confirmed in April that the budget was off course... having to vote on another 2 percent of GDP in fiscal measures under great time pressure. It would also
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Newsletter 82 - 15/07/2016
. In absolute terms, Eurosystem funding is at its lowest reading since December 2014. 2 The cat... Commission informed Lisbon that it faced sanctions for failing to bring its budget deficit into line. Spain
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Greek stocks rebound for second straight week and edge up 2.5 pct
Economyrelief. The budget execution data for the first half of the year showed a primary surplus of 2.48...: NBG (-3 percent) and Piraeus (-2.4 percent), followed by Terna Energy (-2 percent). The trading
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