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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek PoliticsAmid renewed speculation about snap elections next year, Prime Minister Alexis Tsipras has insisted that his government will be able to come to an arrangement with the institutions over the pension cuts that are due to implemented in 2019 and then hold out for a full four-year term. Following his
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Eurosystem funding down to 12.63 bln in August, banknotes in circulation rise slightly
EconomyMacroeconomyto a stepping up of the full elimination of reliance on Eurosystem funding. Banks have been making
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomyto 105,200. The majority of unemployed (92.3 percent) are looking for a full-time job. In addition, 22.8
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Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
EconomyMacroeconomymillion euros. The full revenue breakdown will be provided upon the release of the final budget execution
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesWith three quarters of the year now gone, the Greek government still has much ground to cover in order to meet its privatisation target of around 2 billion euros in revenues across the full year. According to the final budget figures up to August that were released by the Ministry of Finance (MoF
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Car sales drop by 0.8 pct in September
EconomyMacroeconomyof the year. According to the full-year data for 2017, car sales doubled compared to 2012, when a low
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Eurosystem funding down to 12.23 bln in September, banknotes rise for second month
EconomyMacroeconomyand an uptick in deposit inflows. The latest reduction points to a stepping up of the full elimination
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Newsletter 178 -12/10/2018
in revenues across the full year. According to the final budget figures up to August that were released
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomy, above target by 555 million euros. The full revenue breakdown will be provided upon the release
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Athens edges towards compromise on pension cuts but may have to plug fiscal gap
EconomyProgrammeto a postponement rather than a full repeal of the measure or a requirement that Athens should carry out
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