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  1. Newsletter 159 -27/04/2018

    Newsletters

    this year compared to last year, though the average amount payable has declined year-on-year. 2... expenditure came to 9.45 billion euros, very slightly below target by 2 million euros. Net revenues

    8%
  2. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according.... The equivalent in the UK is 5 percent, and in Germany just 2 percent. Greece’s problematic tax

    8%
  3. Newsletter 160 -04/05/2018

    Newsletters

    . The OECD sees economic growth of 2 percent this year and 2.3 percent in 2019, below the Greek government... lift it above the poverty threshold. 2 Deposits grow by 1.14 bln in March Total deposit include

    8%
  4. Athens and creditors place immediate focus on remaining key deliverables
    By Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    and structural reforms; (2) a clearer view of financing beyond the Third Programme (3) material... to some combination of: (1) a lack of cooperation between Greece and its institutional creditors; (2

    8%
  5. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May... a declining path. The cost of borrowing for the 6-month bills had dropped to 2 percent at the end

    8%
  6. Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles

    EconomyMacroeconomy

    debt sustainable. The MTFS revises the initial growth estimate for 2018 to 2 percent, from 2.3 percent... growth of 2 percent during the period is not just an optimistic forecast. As result, the Council makes

    8%
  7. Despite debt deal likely falling short, IMF to retain a role in Greece
    Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6

    EconomyProgramme

    Germany is thought to be comfortable with) but will be reduced by 2 years for each 5 billion euros... on Thursday. It is expected that Greece’s primary surplus target will fall to around 2 percent of GDP

    8%
  8. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    a debt buy-back in the end of 2012. A margin of 2 percent was foreseen from 2017 onwards. This margin... privatisations (expected at 2 billion in 2018 and over 1 billion in 2019) set the current cash buffer plan at 18

    8%
  9. The race to reduce Greece's bad loans

    EconomyBanking

    , a collateralised portfolio of NPLs from small- and medium-sized businesses worth 2 billion euros is also... NPLs in Greece tot he value of 2 billion euros. The consideration of the transaction, which amounts

    8%
  10. Newsletter 168 -29/06/2018

    Newsletters

    growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level.... 2 May budget primary surplus at 1.53 bln Confirmed figure beats the target by 1.35 bln The budget

    8%