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New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
EconomyMacroeconomytime, the number of tax debtors fell for the third straight month, declining by more than 33,600...) eased to 90.76 billion euros at the end of March, of which more than three quarters stemmed from... period, corresponding to an average figure of 275 million per month, which is higher than the monthly
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Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek Politics. If this is the case, Athens will receive around a billion euros more than initially expected and will have more funds... clarity and his suggestion that debt relief will definitely be needed next year, rather than... that will be more robust than the one made at the May 2016 Eurogroup. It is still doubtful, though, that this would
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Newsletter 123 - 16/06/2017
. This was slightly larger than the 7.4 bilion euros initially earmarked for Greece. The instalment.... Meanwhile, the number of tax debtors dropped for the third successive month by more than 33,600... underspend. Primary expenditure came in 791 million lower than target. Gross revenues (revenues
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Eurogroup doesn't end in tie for Tsipras
Agora. It provides some certainty for the years ahead and means lower targets than some of the lenders might... that his government secured some more funding than expected for clearance of arrears, a little more... than Athens would have liked, to be done. It also creates a corridor of uncertainty between now
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Greek and Turkish PMs tone things down, look to new Cyprus talks
PoliticsForeign Policysources, Turkey wants the EU to offer something more significant than just guarantees on the Cyprus... citizens living in a united Cyprus. Still, Yildirim's statement provoked more questions than answers... comment more diplomatically than past statements on the subject from Turkish officials. He said
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Trash dispute troubles SYRIZA ahead of political lull
PoliticsGreek Politicsforceful than an independently-organised anti-government protest earlier in the week. Representatives... in the government’s attempt to present itself as cleaner than previous administrations. Tranche and arrears.... Given that the primary surplus target for this year is 1.75 percent of GDP, rather than 3.5 percent
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Material deprivation rises, while poverty risk drops slightly
Societyaged up to 17 (1.0 percentage point) than other age groups. Material deprivation for children aged up to 17 years, in 2016, stands at 26.7 percent, more than double the 2009 figure of 11.9 percent... the previous year, the at-risk-of-poverty rate was slightly higher for women than it was for men. The rate
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Some relief for coalition but bold claims about programme exit a concern
PoliticsGreek Politicsat lower rates than the New Democracy-led administration did in 2014 and make a clean exit from the programme in 2018, rather than with the support of a credit line (ECCL) like the ones the lenders... or higher rate than in 2014 and also needs and ECCL to leave the programme, the opposition will argue
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The conundrum of Greek olive oil exports
EconomyFeaturesof Greek olive oil is exported to Europe, rather than new markets like India, China or America. Crucially... - rather than export bulk olive oil at wholesale prices, Greece should process its product, package... per cent higher than 2014).” Their report highlights that a more vertically integrated production
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Greeks graduating after 2011 encountered limited opportunities, low pay
Societyof between 400 and 800 euros. Another 16 percent said they make less than 400 euros. Of the overall... percent and 19.2 percent, respectively. Though the figure for funding cuts is lower than the post-2010 decline in government spending (31 percent) it is higher than the cuts to overall education
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