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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeto 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18... aid in 2015 bank recapitalisation can be recovered. 3) Primary surplus is expected at 0.5 percent
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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomyof 1.45 billion) 3) Consumption and non-allocated expenditure (at 308 million, at less than 20 percent.... Overall, total expenditure slipped 0.8 percent to 18.91 billion euros in the 5-month period, 2.37 billion
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Tsipras eyes connection with voters through changes to constitution, electoral system
PoliticsGreek Politicsof the 3 percent threshold for party’s entering Parliament and allowing Greeks abroad to vote.... He said that a TV channel has annual operating costs of 50 million euros, while total annual
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Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June
EconomyMacroeconomyfigure for the 6-month period now points to a rise by 3 percent compared to a drop of 1.1 percent... almost right on target. Following the double digit growth in primary expenditure in June, total
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomy. For the 6-month period, the aggregate figure increased by 3 percent to 18.83 billion euros, 2.1 billion... spot on target. Overall, total expenditure edged up 2.7 percent to 22.69 billion in the first half
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Industrial production surges 7.5 pct in June, with highest growth rate since 2001
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) soared 7.5 percent in June following an upward revised rise by 3 percent in May, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday... 27.7 percent, but it makes up just a fraction of the total IPI. All main industrial groupings posted
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After talks with lenders, Greece returns to list of tasks to secure next bailout payment
EconomyProgrammeon layoffs to 10 percent of total employees. Fiscal On the fiscal front, Finance Minister Euclid... challenge for the ministry is the tabling of the 2017 draft budget on October 3 and the preparation
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Greek households continue to slash spending on goods and services
Societythe richest fifth on health (8.4 percent compared to 7.7 percent), communications (6.4 compared to 3 percent) and alcohol and beverages (4.1 compared to 3.5 percent). The share of total population
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomythe target for the second time this year. The 9-month figure increased 3 percent to 29.18 billion euros... in the 9-month period, 82 million lower than target. Overall, total expenditure slightly rose by 0.2
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomypercent this year and strongly rebound by 2.5 percent in 2017 and further by 3 percent in 2018. His.... As a result, travel receipts from the UK made up less than 12 percent of total travel revenues
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