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Newsletter 32 - 26/06/2015
parties agree on permanent savings of 0.25–0.5 percent of GDP in 2015 and 1 percent on a full year basis
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Greek government's proposals to bridge gap with lenders appear to fall short
EconomyProgrammeabove 500,000 euros has been abolished. Pensions Greece accepts the full implementation of the 2010
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme. For instance, the IMF suggests full write-off of the Greek Loan Facility (GLF) of 53.1 billion
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Between Scylla and Charybdis
Agoraand leaked a document full of red ink, giving the world the impression that they wanted to show who
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Divided we fall?
Agorathe full picture (undercapitalised eurozone banks et al) about why the Greek bailout was needed
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What next for Greece's revenues and spending?
Agorasocial security funds expenditure (at zero versus a full year (FY) target of 446 million) 3) Grants
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgrammepledged to “honor its obligations to all of its creditors in a full and timely manner.” Apart from
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At risk of poverty/social exclusion rate in Greece edged up to 36 pct in 2013
Societyto be at risk-of-poverty (27.9 percent) than people with full-time jobs (11.9 percent).
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomythen, it resumed an upward trend peaking to 2.8 percent in the beginning of 2015. The full year
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgramme, in line with the best European practices to provide full ownership unbundling from Public Power
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