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  1. Deposit outflows of 1.5 bln in Jan after seasonally high inflows in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The lower negative flow in total deposits is fully attributed to other euro area residents and non... 7.9 billion over this period. However, the increase in Greek banks’ deposit balance was much lower

    5%

  2. Eurosystem funding drops at sharper pace of 3.6 bln in Jan
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    billion euros, of which more than two thirds (44 billion) relates to lower ELA funding. This is mainly attributed to the reinstatement of the waiver on Greek government securities and lower haircut

    5%

  3. Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    monetary policy report published in mid-June 2016 a similar debt relief proposal including lower... that lower primary surpluses entail small drop in the debt ratio and higher GFN. However, he stressed

    5%

  4. Athens sees faster pace of progress in review talks but no final deal yet
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the reduction in the tax-free threshold and cuts in main pensions, while the government aims to lower... 2019. It is also targeting lower savings from pension cuts to be implemented in 2020

    5%

  5. Greece, lenders tie up some loose ends and continue negotiating
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    of 1.8 billion euros (1 percent of GDP). The government proposed a reduction in the lower tax rate from... mean that the tax-free threshold would have to be reduced even lower to 5,000 euros to yield

    5%

  6. Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    to lower dependence on ELA funding. This largely resulted from the reinstatement of the waiver on Greek government securities and lower haircut applied to ELA collateral, participation of Greek banks’ EFSF

    5%

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

    EconomyProgramme

    proposed a significantly smaller tax rate for low incomes (the lower tax rate currently stands at 22... income lower than the 1,000-euro mark, more than 29 percent income between 1-5,000 euros and 8 percent

    5%

  8. Slow progress on fiscal, impasse on labour keep review deal on hold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of favourability. One part of the group argued that lower level wage agreements cannot undercut higher level... be reflected in lower cuts to pensions, which the government sees as a more politically painful measure

    5%

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

    Agora

    on people’s pockets, especially the lower income groups which will be adversely affected by the fiscal... disagreed on the principle of favourability. One part of the group argued that lower level wage agreements

    5%

  10. PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months

    EconomyMacroeconomy

    -production inventories in March. In addition, weaker production led to lower staffing numbers for the fourth successive month, while backlog fell further. Lower output requirements coupled with financial

    5%