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  1. Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    of just 15 million in Q1, well below target of 193 million. PIB PIB revenues landed at just 32 million

    6%
  2. Piraeus first Greek bank to repay Pillar II bonds, others to follow
    Photo by MacroPolis

    EconomyBanking

    and III bonds at 15 and 8 billion respectively. The ceiling of Pillar II bonds was later extended up

    6%
  3. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    rate on dividend income from 10 to 15 percent and higher tax rates on income from rents. Pension reform

    6%
  4. Ministry's actuarial study shows the devastating impact of the crisis on the pension system

    Economy

    with a cumulative contribution of 154.44 billion in the last 15 years equivalent to 88 percent

    6%
  5. Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    PoliticsGreek Politics

    at a sustainable level (seen at 15 percent of GDP annually). The International Monetary Fund seems to support

    6%
  6. Eurozone sets out proposals for staggered debt relief for Greece

    EconomyProgramme

    analysis, if these measures are implemented, Greece's annual debt servicing costs could remain below 15

    6%
  7. Net job hirings in private sector reach record high of 90,631 in April

    EconomyMacroeconomy

    absolute figure represents the highest reading over the past 15 years. The breakdown displayed hirings

    6%
  8. Eurosystem funding falls below 100-bln mark for first time since Jan 2015

    EconomyMacroeconomy

    the European Stability Mechanism (ESM) decision on April 15 to lift the restrictions on outright selling

    6%
  9. Newsletter 73 - 13/05/2016

    Newsletters

    remain below 15 percent of GDP until the end of 2030 and below 30 percent thereafter. The next

    6%
  10. Stournaras calls for lower primary surplus target, debt relief measures
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Sustainable annual debt financing needs well below the 15 percent of GDP threshold adopted by the IMF

    6%