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  1. Government unites in rejecting Hormuz deployment as PM advocates fiscal escape clause
    Photo by Naval Group

    PoliticsGreek Politics

    on Tuesday, Foreign Minister Giorgos Gerapetritis stressed that Greece is not prepared to get involved.... In order to get around the fiscal constraints, the prime minister framed his proposal

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  2. Greece and the euro: The flight of Icarus

    Agora

    . When one considers that Greece accounts for less than 4 percent of the eurozone’s total debt or GDP... retirement age was the same as in Germany, where most pensioners earn less than 800 euros (or 1,000 dollars) a month, where civil servants make up less than 20 percent of the workforce and where public

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  3. Adult skills in Greece lacking, indicates OECD survey
    Photo by MacroPolis

    Society

    and problem solving is considerably smaller than the OECD average, an adult skills audit... are closer to the OECD average for that age group (4.4 and 4.8 percent, respectively) than 16-24 year... and their OECD peers is greater than that of older Greeks with the average in that age group. Around 4.6

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  4. Greece is least socially just country in EU, report indicates
    Photo by Harry van Versendaal

    Society

    ,” scoring 3.22. This is a full 2 points lower than the 2008 mark and well below the EU average of 5.7.... and soup kitchens to help. Given the depth of the crisis, such measures probably proved inadequate

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  5. Newsletter 16 - 20/02/2015

    Newsletters

    euros at the end of January. In particular, 46.6 billion – or more than 60 percent of tax arrears... owe less than 5,000 euros, stand at just 3 percent (2.3 billion) of the outstanding amount of 76... debt related to 326,000 individuals and 75,000 corporates owing more than 5,000 each makes up 97

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  6. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    expenditure coming in 866 million lower than target coupled with gross revenue (revenues before tax... profits, which was 334 million higher than target. The more detailed revenue figures showed direct... million better than target. The latter mostly reflects higher than expected revenues from direct tax

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  7. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    ), which was 42.7 percent lower than the figure of 1.86 billion a year ago, the Finance Ministry (MoF... lower than the target and the Public Investment Budget (PIB) surplus was 149 million better than... of 1.12 billion in February as gross revenues slowed down by more than 1.1 billion month on month (MoM

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  8. IMF examines how Greece accumulated large pile of unpaid taxes and contributions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . Specifically, tax debt represents more than 80 percent of total liabilities to the state. The stock reached... tax debtors owe less than 3,000 euros each, while their tax debt makes up just 2 percent of the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80

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  9. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    volunteers. By this count, Greece employs more professional firefighters than most developed western states. With 115 career firefighters per 100,000 inhabitants, it ranks higher than the United States with 109, and has more than twice the personnel than Italy with 48, and almost three times

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  10. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    Greece’s budget execution showed that the 5-month primary surplus more than doubled to 1.51 billion... higher than expected Public Investment Budget (PIB) balance (by 1.11 billion) more than offsetting..., the underlying revenue performance in May shows a revenue shortfall of more than 300 million euros. Τax

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