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  1. Gov't hits back as pension reform row heats up
    Photo by MacroPolis

    EconomyProgramme

    of the government’s unofficial statement: 1) Any comparison of the new pension levels with those included... and the previous governments had made 12 cuts to pensions since then. 2) The domestic economic

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  2. Newsletter 57 - 08/01/2016

    Newsletters

    equivalent to 1 percent of GDP is expected to be the most complicated part of the first review... to growth and reflected higher production. 2 Elusive search for a saviour Despite disappointments

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  3. Drop in building activity accelerates to 11.3 pct in Oct

    EconomyMacroeconomy

    Greece’s adjustment programme project a drop of 5 percent in 2016 and 1 percent in 2017 following... indicator of the European Commission recorded a deterioration of almost 2 points to -49.1 in December

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  4. Greece seen improving refugee response but still under pressure to deliver in Feb
    Photo by grendelkhan https://flic.kr/p/awse9

    PoliticsForeign Policy

    , the key issues for a successful control of refugee flows are: 1. The construction of hot spots 2. Re

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  5. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to the Q3 drop decrease of 1 percent. In addition, Q4 GDP declined 2 percent YoY, decelerating

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  6. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    expenditure largely reflects proportionally lower costs for: 1) Operational and other expenditure of 100... of the annual target of 5.16 billion 2) Transfers to other entities of 37 million (from 60 million

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  7. Programme review talks continue, progress on tax, pensions and NPLs at a premium
    Photo by MacroPolis

    EconomyProgramme

    euros (4.3 percent of GDP) from the following interventions: 1) Increase in the solidarity levy rates (314 million) 2) Increase in the tax rates on income from rents (142 million) 3) Increase in the tax

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  8. Greek bailout talks yet to conclude as start of IMF meetings approaches
    Photo via Flickr https://flic.kr/p/fNU1XB

    EconomyProgramme

    replacement rates, which would range between 0.77 percent (from 15 years) up to 2 percent (for 42 years... measures proposed by the government that are supposed to yield 1 percent of GDP. Non-performing loans

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  9. Press freedom ranking edges up but Tsipras yet to deliver, report finds

    Society

    . They are Finland (ranked 1st, the position it has held since 2010), Netherlands (2nd, up 2 places) and Norway (3rd, down 1).... promise be kept?” the report said in its paragraph on Greece [https://rsf.org/en/greece]. Ever since

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

    EconomyMacroeconomy

    underspend is mostly attributed to: 1) Grants to hospitals (at 238 million, corresponding to 14.6 percent of the full-year target of 1.63 billion) 2) Social protection (at 148 million, corresponding to 10.2

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