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  1. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    1 percentage point. This reflects the fact that GDP contracted by around 14 percent over... under 9 billion, or 5 percent of GDP, in 2014 The state’s total contribution to the social security

    6%
  2. Greek talks go down to the wire as IMF raises major objections

    PoliticsGreek Politics

    in revenues from VAT at 1 percent of GDP (1.8 billion) versus 0.74 percent (1.36 billion) included... contribution for pensioners to 6 percent (from 5 percent in the Greek proposal), abolition

    6%
  3. Rare rebound for retail trade with 2.5 pct rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    percent), department stores (-1.7 percent) and automotive fuel (-1 percent). In contrast, retail...), clothing and footwear (+5 percent) and supermarkets (+3.7 percent). On a monthly basis though

    6%
  4. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    : 1) Gradual elimination of grandfathering to statutory retirement age and early retirement pathways... property tax (ENFIA) for 2015 and submission of the relevant tax bills to taxpayers within September. 5

    6%
  5. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    for 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform... increasing to 20 percent in 2016 and further to 26 percent in 2017 4) Tax on television advertisements 5

    6%
  6. IMF aligns Greek projections with EU, revises down GDP
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    full year GDP fall. Greek GDP grew by 1 percent in the first half of the year so for the full year recession estimate of 2.3 percent to be met, GDP needs to contract by more than 5 percent in the second

    6%
  7. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    corresponds to lower imports by 4 billion. At the same time, exports fell by 5.8 percent or 1 billion. BoG... slipped month on month to 5 billion in August, from 5.1 billion in July, while remained stable YoY.

    6%
  8. Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip

    EconomyMacroeconomy

    this month showed international tourist arrivals at the main Greek airports rose by 5 percent... stand 2 million and 1 billion above last year’s items respectively. SETE also said that subject

    6%
  9. Growing hopes that Greek recession will be milder than expected

    Economy

    5. The breakdown showed a drop in private consumption by 1.6 percent in 2015, exports by 1.5 percent... presented this week its updated forecasts calling for a GDP contraction of 1 percent this year from 2

    6%
  10. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    slipped 1 place to 132nd. In registering property it remained unchanged in 144th spot. Getting Credit... requires 5 procedures, takes 13 days and costs 2.2 percent of income per capita. For Dealing

    6%