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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgramme. “That was one of the 88 prior actions, and after the last Eurogroup that measure was taken.” Prime... on the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos
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Newsletter 172 -27/07/2018
in the response effort acted correctly and that the loss of life was caused by the rare set... package of measures” includes one-off payments of 5,000 euros to families and 8,000 euros
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Coalition's attempt to defend handling of fatal blaze fails to stem criticism
PoliticsGreek Politicsset of circumstances that they encountered, primarily due to the strong wind (around 100 km/hour... Tsipras to discuss steps that could be taken to ensure this kind of disaster never happens again. One
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeset on the idea of trying to put next year’s pension cuts on ice, which would also lead... in the Public Investment Budget, would also have to be assessed. The one advantage the two sides
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economynotes that with an average debt maturity of 19 years Greece already has one of the longest maturity profiles of all its rated sovereigns and the extension is set to further lengthen the average maturity
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Take your seats
Agoraimplications for investor confidence in the country. During Saturday’s speech, Tsipras also said that one... set to donate the hospital to the Greek state) at the expense of the other four bidders. On the same
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Births rise slightly, divorces fall in latest living conditions report
Societyrecorded a sharp drop in 2016 and came to 11,013, the lowest out of the data set provided. In 2006... of divorces at 63 percent. One of the most alarming trends that the report highlights is the sharp
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Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammeThe Greek government is set to take the next step in its efforts to call off next year’s pension cuts, when it submits the draft 2019 budget but finds itself in a delicate balancing act between... as Greek bond yields are higher than the government would like. It has been suggested that one option would
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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammescenarios. One will show the fiscal impact of the pension cuts and the compensatory measures also... that the final version of the economic plan can be readied in mid-November. Athens is set to include
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FinMin sets out how it would alter policy mix to prevent pension cuts
EconomyMacroeconomydifferent fiscal policy from the one included in the Medium-Term Fiscal Strategy (MTFS) this summer... its social spending mix. Alternative scenario In the alternative scenario set out in the draft
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