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  1. Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    PoliticsGreek Politics

    will have to agree a package of contingent measures worth 2 percent of GDP (3.6 billion euros... on the extra 2 percent of GDP in cuts and savings. Following talks on Thursday, the indications were

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  2. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    million. This figure is expected to rise to 900 million from 2020 thereafter. 2) Cut in current (284... million. 2) New methodology for calculation of self-employed contributions based on declared

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  3. Tension rises in Greece but creditors see potential for agreement soon

    PoliticsGreek Politics

    on the mechanism for identifying and implementing and extra 2 percent of GDP in fiscal measures.... For the Greek government, the vital element is that it should not have to detail another 2 percent

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  4. Greece looks for support as expectations for May 9 Eurogroup lowered

    PoliticsGreek Politics

    agreement by May 9, including on the 2 percent of GDP in contingent measures, is possible. The nature... prevent the institutions from forcing Greece to define and legislate the extra 2 percent of GDP

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  5. Greek stocks climb 3.8 pct during week amid increasing optimism on swift agreement

    Economy

    the contingent measures of 2 percent of GDP, which are expected to be discussed along with debt... losses namely Coca Cola Hellenic – CCH (-2 percent) and Jumbo (-0.2 percent). The trading activity

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  6. Outline of fiscal mechanism for automatic cuts emerges after Eurogroup

    EconomyProgramme

    2 percent of GDP in extra standby measures now, as some of the lenders had initially wanted... 1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts

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  7. Eurozone sets out proposals for staggered debt relief for Greece

    EconomyProgramme

    of interest charged to Greece at 2 percent, with any interest that would have been payable in excess of the 2 percent being deferred until 2050. The accumulated and capitalised deferred interest would

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  8. Coalition prepares final legislation for review, opposition expects no upsets for now
    Photo by MacroPolis

    PoliticsGreek Politics

    the fiscal mechanism demanded by creditors to ensure that up to 2 percent of GDP in contingent measures can be implemented if the programme is off track in the coming years. Having already voted through 2

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  9. Tsipras sails through multi-bill vote, looks to disbursement and debt relief
    By MacroPolis

    PoliticsGreek Politics

    on pension and income tax measures worth 2 percent of GDP) unscathed. He undoubtedly emerges from... surplus target to 2 percent of GDP between 2017 and 2021, while in return aiming for a growth rate

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  10. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    to the social security funds posted a decline of 2 percent to 3.58 billion in the 4-month period. Both items... of 1.63 billion) 2) Social protection (at 235 million corresponding to 16.2 percent of the annual

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