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Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek Politicschange over time if the next government can overperform on the reform front remains to be seen
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SYRIZA looks to eat further into ND's poll lead in final week of campaign
PoliticsGreek Politicsrepeated that as long as the budget continues to overperform there will be more permanent positive
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Greeceās downstream oil industry adapts to shifting demands
EconomyFeaturesfor refined petroleum exports with a total of USD 8 billion or 1.3 percent of the global total and 29.9..., followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year... with the total including indirect employment coming to over 20,000 people. According to the report
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesbirth rates. The figures are evidence that in government New Democracy has had to cut its coat... percent to 9 percent for the first 10,000 euros of income. Marginal rates on earnings above 20,000 euros... by cuts in the marginal tax rates. For salary earners and pensioners, the biggest beneficiaries
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Rising bond yields a concern, but not an immediate fiscal problem
Economyannouncement by the ECB that interest rates would be raised by up to a total of 75 basis points in July... and a combined re-opening of four GGBs that were left over from the PSI exchange offer, for a total of 15.8... 2022, and inflation rates started to rise, the markets started paying attention to the fact
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Where is Odysseus? Part 2 - Uncertainty
Agora, the First Demographic Transition began 200 years ago with the drop in death rates (better health care, better homes, better hygiene, better economies, etc.). In the wake of this drop in death rates, fertility rates started falling as well. Then, fertility rates dropped below the replacement rate
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation
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Greece lays out plans for debt relief from eurozone
EconomyProgramme, corresponding to 23.7 percent of total debt. Of this amount, 27.7 billion relate to Eurosystem holdings.... The remainder is post-PSI GGBs with favourable interest rates and repayment of principle from 2023... Bills) and is mainly held domestically by banks. In total, the official sector corresponds to close
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammein a rise in their retail price by 8.8 percent, assuming that new rates are passed on in total to retail... included a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while.... Although VAT rates remained broadly stable, the key changes relate to reshuffling of products
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