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  1. IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    The International Monetary Fund’s executive board convened on Monday evening to discuss the Article IV consultation on Greece. The fund’s baseline scenario foresees a long-term GDP growth of 1... the government’s recent estimate of close to 2 percent, while a marginal improvement to 1 percent of GDP

    10%

  2. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    in new houses rebounded by 1 percent, while those of older houses posted a smaller increase of 0.3..., pointed to a drop in housing prices by 5 percent in 2016 and by another 1 percent in 2017.

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  3. Lenders make proposal to Athens but no immediate breakthrough expected
    Photo by Fosphotos

    PoliticsGreek Politics

    should pass 1 percent of GDP in new measures (1.8 billion euros) now and another 1 percent should

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  4. Central government debt rises to 326.4 billion on ESM disbursement
    Photo by MacroPolis

    EconomyMacroeconomy

    than 5 years) debt made up 80.3 percent of total, while short-term (up to 1 year) and medium-term (1

    10%

  5. Tsakalotos appears but gives little away about negotiations with creditors
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the package of measures and counter-measures would be zero in fiscal terms. “For example, if 1 billion euros in [new] measures are adopted, another 1 billion euros in positive measures for the economy

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  6. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    -free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros..., the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 pp

    10%

  7. Greece and lenders trap themselves over labour reforms
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    measures that the lenders are demanding: A 1 percent of GDP reduction in the tax-free threshold for personal incomes and another 1 percent of GDP cut in pension spending. Also, it might

    10%

  8. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    pensions that would yield savings of 1 percent of GDP (around 1.8 billion euros) as of 2020. Athens... as of 2019, targeting a widening of the tax base and additional revenues of 1 percent of GDP. Although

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  9. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    repayments, including a bond redemption of 200 million on May 1, absent the finalisation of a 200... million on February 24 and said on March 1 that a new facility of 200 million, in the form

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  10. Athens, lenders trying to put last pieces in place for technical agreement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    (for a single person) close to 5,900 euros with additional revenues targeted at 1 percent of GDP... additional savings of 1 percent of GDP from the elimination of the so-called personal difference

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