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  1. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    in the annual primary expenditure by 33.26 billion, mostly due to cut in wages and pensions, more than... of 25.9 percent over this period, the revenue-to-GDP ratio rose by more than 9 percentage points (pp... in absolute terms, the respective ratio for primary expenditure was reduced by less than 2 pp from

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  2. Central government debt edges down to 321 bln in Q1

    Economy

    of December and currently make up more than 68 percent of central government debt. The bulk of FSM... remained unchanged QoQ at 14.88 billion, making up 4.6 percent of debt, while repos edged up by more than... in Q4 2015. Around 80 percent of Q1 outstanding debt has a residual maturity of more than 5 years

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  3. Paddling with a wooden spoon
    Photo by MacroPolis

    Agora

    met at the Eurogroup has been pretty simple: look no further than German Finance Minister Wolfgang..., rather than who came out on top. If this is the question, then perhaps we have to accept that Alexis... to secure significant, game-changing debt relief for Greece than he did over the last few days

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  4. Newsletter 77 - 10/06/2016

    Newsletters

    will be paid by 2018, four years earlier than the initial agreement. Government sources note that the state... billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... of an opinion being issued on the same day, rather than in a new session on Friday. The article noted

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  5. Some basic products in Greece among most expensive in EU

    Society

    . Comparatively, fish is also more expensive in Greece than in most EU countries. Consumers pay 113 percent... in 2015 than in the previous year (77.4 percent) in Greece, the data showed. The data is based... of a comparable basket of food and non-alcoholic beverages across the EU was more than twice as high in the most

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  6. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    million from OAEE. This also reflects the reduced state subsidy, which was trimmed by more than 1.4..., bureaucratic or other reasons) has reached 159,290 cases. More than half (85,300) related to IKA... months for most funds. It doubles for those insured with more than one fund. POPOKP noted

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  7. Marinopoulos travails point to wider difficulties for supermarket sector

    EconomyFeatures

    decision to file for bankruptcy. The Marinopoulos story is more complicated than that of another Greek... percent) spends less than 200 euros per month according to the survey. Another survey released in April... from Eurostat released in June this year showed that Greeks pay 31 percent more than the EU average

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  8. Fool Britannia
    Photo by Can Esenbel

    Agora

    himself a more skilful political tactician than Cameron, which is quite an overwhelming thought. You’re... political system showed more durability and poise than we had thought until now, especially given.... Possibly Greek society proved more mature and less hateful than it gets credit for. Maybe Greece

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  9. Simple majority for new electoral law, which threatens future complications
    Photo by MacroPolis

    PoliticsGreek Politics

    but with a simple majority rather than a supermajority of at least 200 votes. The result means that 17-year... 35.5 percent of the vote, would receive 114 seats rather than the 145 it got. This would mean that rather than having to find one coalition partner (e.g. Independent Greeks, who would gain two more

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  10. Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues

    EconomyMacroeconomy

    of the 6.59 billion due. This means that the amount of VAT collected was 1.02 billion less than what... stood at 2.28 billion in 2015, 38 percent lower than those in 2013, while the amount due was 3.57... more than doubled over the last three years to 3.57 billion euros in 2015 from 1.66 billion in 2013

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