Search
-
Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomydebt sustainable. The MTFS revises the initial growth estimate for 2018 to 2 percent, from 2.3 percent... growth of 2 percent during the period is not just an optimistic forecast. As result, the Council makes
10% -
The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesto limit the rise of pension expenditure to 2 percent of GDP over the long term (2010-2060). It raised... the top 2 percent of pensioners actually experienced cuts of 40 percent or more. Since 2013, detailed
10% -
Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammeGermany is thought to be comfortable with) but will be reduced by 2 years for each 5 billion euros... on Thursday. It is expected that Greece’s primary surplus target will fall to around 2 percent of GDP
10% -
EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammeinto a 3 percent long-term nominal growth rate, on the assumption that inflation will reach 2 percent... used in 2015 will be recovered, noting that 2 billion euros were already repaid in February last year
10% -
BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingpercent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... to grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5
10% -
May current account shows surplus of 191.5 million as underlying indicators improve
EconomyMacroeconomyarrivals. The primary income balance rose by 2 percent to 797.1 million, while the secondary income..., stemming largely from an 2 billion-euro drop in residents' holdings of foreign bonds and T-Bills. A net
10% -
IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
EconomyProgrammeof 2 percent this year, picking up to 2.4 percent in 2019. Growth is expected to fall below 2 percent
10% -
Retail turnover in June grows strongly led by fuel and supermarket sales
EconomyMacroeconomyand cosmetics also rose by 2 percent, while books, stationery and other goods showed a modest increase of 0.4... recorded in pharmaceuticals and cosmetics with 2 percent while automotive fuel volumes dropped by 2.1
10% -
Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturessince 2011, focuses on high net worth investors. It has a higher threshold of 2 million euros and had.... These programmes range in scope and cost from that of Cyprus, which offers full citizenship for a 2 million euro
10% -
Greek leaders' contrasting visions all a blur
Agoraof the centre-right opposition’s pledges that deserves closer scrutiny is the claim that 2 billion euros... said that the 2 billion euros in revenues from the tax (after his reductions) is roughly equivalent
10%