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Athens, Nicosia buoyed by EU role in Cyprus talks
PoliticsForeign Policynot help reach a conclusion. The Turkish Cypriot side suggested the EU may be present only during... for the rest of the Union. The EU’s intention to participate in the Cyprus conference may not mean... with British Prime Minister Theresa May. The UK will play a pivotal role as a guarantor power
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Tsipras gets no encouragement from lenders, left to consider next move
PoliticsGreek Politicsdebt relief measures) for the government to complete the review as it may consider that it will gain... government may take on board in its decision-making progress is that Donald Trump will be inaugurated... that in the uncertainty that may be created by Trump’s first weeks in power, the eurozone will be keener
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Newsletter 101 - 23/12/2016
on the relationship between the coalition and the The recent handouts to pensioners may be seen... that the Greek state has a right to give its approval in such cases but that the law is too vague and may... to go to snap elections. The recent handouts may be seen as preparing the ground
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Athens settles pension handout row, looks for review progress
EconomyProgrammechanges to the pension reform agreed with the eurozone institutions and voted by the Parliament in May..., the authorities may - in agreement with the institutions - consider the use of the available fiscal space.... The EWG will also take stock of the progress in negotiations on the second review and may also decide
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Athens holds back proposal details ahead of Thursday's Eurogroup
PoliticsGreek Politicsof the Eurogroup may reflect concerns in Athens about revealing the Greek hand too early, especially..., it may also be due to concerns about fuelling a four-day domestic debate about potential measures before... the government about the concessions it may have to make in order to reach an agreement with the creditors
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek Politics2018, there are indications that it may be willing to soften its stance. Reports suggest that Athens may be willing to concede ground on the lowering the tax-free threshold for personal incomes.... Athens may argue that the lowering of the tax-free threshold will be enough to cover the fiscal gap
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgramme, while fiscal multipliers may have been underestimated. As a result, the initial fiscal objectives...) with pension expenses rising significantly relative to GDP. In addition, VAT rate hikes may have... may have undermined the growth potential of the taxpaying corporations. Meanwhile, tax evasion
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammealso notes that the downturn may have also incentivised tax evasion, while taxpayers under economic strains may have perceived that the downside risks of tax evasion (such as fines and penalties) could be smaller than the potential gains such as avoiding bankruptcy. In addition, taxpayers may have
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Newsletter 106 - 10/02/2017
probably be dead in the water and may run the Potential compromise could see Athens agreeing to legislate... on the table until it is clear what it may get in return. The government does not want to accept upfront... would like but it may be persuaded to move ahead if it gets something in return. Debt relief
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Tsipras's choices are becoming clearer but not any easier
Agora-oriented approach seems pure fantasy. The lenders may be able to communicate on the same wavelength... elections in the eurozone’s paymaster. They may be holding out hope for a political sea change... least, Finance Minister Wolfgang Schaeuble’s days in government may be numbered if the social
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