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  1. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    as the pension cuts and reduction in the tax-free threshold yielding 1 percent of GDP each in 2019 and 2020... involve spending increases in 2019 and tax relief in 2020 to the tune of 1 percent of GDP each... to net pension savings of 1 percent of GDP in 2019 by extending the rules of last year’s pension

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  2. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    (MTFS) for 2018-2021, a pension reform with net savings of 1 percent of GDP in 2019-2021 and a personal income tax (PIT) reform also delivering net savings of 1 percent of GDP in 2020 and 2021... assessment. Furthermore, a targeted spending package and a growth-enhancing tax package each yielding 1

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  3. Newsletter 125 -30/06/2017

    Newsletters

    , Panos Kammenos over his contact with a convict connected to the Noor 1 drug smuggling case... of the Noor 1 cargo ship seized with around 2 tons of heroin on board in 2014 - had asked for protection... by 1 point since January Economic sentiment (ESI) improved slightly by 0.8 points in June after

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  4. Newsletter 144 -15/12/2017

    Newsletters

    Democracy by 2.5 points since the last survey in June. Support for New Democracy rose by 1 point to 30.7... production index (+1 percent). The water supply production index fell by 2.6 percent, and the manufacturing... from non-euro countries within the EU increased by 1 percent to 1.01 billion. According to SETE’s

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  5. Newsletter 156 -23/03/2018

    Newsletters

    the growing cash buffer and 500 million euros will be used to reduce state arrears. Another 1 billion euros... the clearing of state arrears and electronic auctions. This disbursement is expected from May 1 onwards and the full 1 million euros will be destined for arrears clearance. Regarding the fourth review

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  6. Newsletter 157 -30/03/2018

    Newsletters

    will be released on Wednesday, with another 1 billion to follow for arrears clearance after May 1... pensions (and possibly cutting the tax-free threshold for incomes) by 1 percent of GDP in 2019.... Credit contraction at 1 pct in Feb Monthly figure driven by lower household and corporate lending

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  7. Newsletter 161 -11/05/2018

    Newsletters

    the new rates to be in place on June 1, it wants to avoid any sharp rises in working class... percentage points. The Greek lenders started the exercise with Common Equity Tier 1 (CET1) ratios.... This demonstrates the multiplier effect that tourism has on the economy, in that for every 1 euro

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  8. About last night
    Photo by MacroPolis

    Agora

    half a day to reach a deal at 1:30 a.m. on Friday regarding the package of debt interventions... in from 2023, when the previous grace period was due to expire. This would require an additional 1 billion... expenditure by 1 percent of GDP and increase the tax base by lowering the tax-free threshold to bring

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  9. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    to implement next year the 1 percent of GDP reduction to pension spending but did not go as far as declaring..., particularly by boosting consumption. Fiscal Regarding next year’s pension cuts equivalent to 1 percent of GDP... to be implemented in 2020 with the aim of delivering extra revenue equivalent to 1 percent of GDP

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  10. Take your seats

    Agora

    and the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13 percent to 12. He also pledged that 1 billion euros in backpay would be handed over..., not to be used from Day 1. If Greece starts tapping it straight away, it could have serious

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