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After fourth review SLA, build-up to May 24 Eurogroup begins
EconomyProgrammefrom 22 to 20 percent and the scrapping of the solidarity tax for those earning up to 30,000 euro
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Parties mark out battle lines for next elections
PoliticsGreek Politicsahead on 22 percent, with SYRIZA in second on 17.3 percent. This implies an increase of 0.6
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgramme22 billion euros in the NPL reduction effort. The sMoU builds on the already established process
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Newsletter 163 -25/05/2018
measures, which include the base income tax rate dropping from 22 to 20 percent and the scrapping
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Tsipras waits on name issue and debt talks, Mitsotakis pledges tax cuts for tourism
PoliticsGreek Politicstwo VAT rates: 22 and 11 percent, with tourism-related services being in the lower bracket. He said
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Unemployment rate stable at 21.2 pct in Q1
EconomyMacroeconomyThe Greek non-seasonally-adjusted unemployment rate came to 21.2 percent in the first quarter (Q1) of the year, remaining unchanged from Q4, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The latest figure means that the quarterly unemployment rate has remained under 22 percent
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Debt relief discussions continue as clock ticks down to June 21 Eurogroup
EconomyProgramme22 that the Europeans have once again kicked the can down the road and have failed to address
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Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomydeclining by 22 percent YoY. The aggregate figure was again lower than the increase in aggregate
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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammethe cash buffer will reach 24.1 billion euros and will cover funding needs for 22 months. Debt buyback
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Newsletter 167 -22/06/2018
in total, covering Greece’s funding needs for the next 22 months. It is likely that Greece will use
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