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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economyin 2016 and more markedly to 4.1 percent in 2017. At the same time, imports are expected to decline by 4... of over 1 percent of GDP in the second half of 2015 and up to 4 percent of GDP cumulatively by 2017
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgrammesecured by the increase in the health care contributions for pensioners from 4 to 6 percent for main... the wage distribution in connection with the skill, performance and position of staff. 4) Appointment
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Coalition poised to unveil pension reform proposals, hoping to avoid cuts
EconomyProgrammefor granting the national pension, which will be linked to GDP growth. 4) The (new) main pension...’ healthcare contributions to 6 percent (from 4 percent) for main pensions and to 6 percent (from zero
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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammeof two parts, the national (fixed) and the contributory (variable) pension. 4) The national pension... for the supplementary funds increases by 1 percentage point (pp) to 4 percent for employers and by 0.5 pp
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Is Regling right to be concerned about Greek liquidity?
Agoramonths, highlighting that Greece has debt servicing obligations of about 4 billion euros over... needs approximately 4 billion euros to meet all debt obligations. The state budget foresees a primary
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Pension reform brings painful overhaul in social security contributions for self-employed
EconomyOne of the issues that emerged from the government’s draft plan on pension reform submitted to the institutions on January 4 relates to new method for calculating social security contributions... for supplementary, 6.95 percent for health and 4 percent for lump-sum. This brings the total SSC rate
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Mounting pension protests exert more pressure on coalition
PoliticsGreek Politicsplace on February 4. Given the nature of the pension reform proposals (increases in social security... that they have paid tax on the savings, which reportedly amount to about 4 billion euros in total
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammea gap of around 600 million. In the pension reform plan submitted to the institutions on January 4... quarter (Q1) of 2016. Note that debt obligations in Q1 amount to around 4 billion, of which 2.3 billion
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Newsletter 60 - 29/01/2016
. marked improvement in economic sentiment by 4 points to 91.6 in January, its highest reading since... proposals. Ahead of the latest general strike on February 4, farmers in particular have been stepping... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot
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Labour Ministry 2015 data shows increase in employment, marginal drop in average wage
Economythere were also 2,571 firms from the wider public sector that operate under private law. In addition 4... euros in 2015. The report showed 22.5 percent were part-timers, 4 out of 10 received a salary up
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