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  1. New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt jumped by over 2 billion euros in February, growing sharply from an increase of 766 million euros in January, data from the Independent Authority of Public Revenues (IAPR... rose by 2 billion.. New unpaid obligations from tax categories rose by 1.91 billion, overturning

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  2. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    , the Europeans seem to prefer one just over 2 percent. There is also the matter of defining the post... on these issues. The Fund’s outlook for the Greek economy sees growth in real terms of 2 percent in 2018

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  3. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    million. The breakdown of the inbound traveller flows showed that German visitors fell by 2 percent, while... those from the UK fell by 2 percent. Among non-EU countries, receipts from Russian visitors fell

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  4. 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

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  5. 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

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  6. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    to limit the rise of pension expenditure to 2 percent of GDP over the long term (2010-2060). It raised... the top 2 percent of pensioners actually experienced cuts of 40 percent or more. Since 2013, detailed

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  7. 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

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  8. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    into a 3 percent long-term nominal growth rate, on the assumption that inflation will reach 2 percent... used in 2015 will be recovered, noting that 2 billion euros were already repaid in February last year

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  9. BoG Monetary Policy Report positive on programme end but advises caution for future targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    percent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... to grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5

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  10. Newsletter 170 -13/07/2018

    Newsletters

    ,” the Commission said. 2 Unemployment rate edges up to 20.2 pct in April Number of those employed dips along... by 1 percent in May, slowing from an upward revised increase of 2 percent in April, Hellenic

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