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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek PoliticsGreece has to complete 12 “prior actions” to receive the next 2 billion euros of its bailout from.... The first set of prior actions are: 1) adoption of outdoor trade law 2) adoption of investment... the supplementary pension funds of the public sector into the private sector main pension fund (ETEA) 2) adoption
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Newsletter 4 - 21/11/2014
percent incorporated in the medium-term fiscal strategy (MTFS) and the 2 percent in the draft budget... not to support any candidate put forward by the government, in order to bring about national polls... an increase in both the manufacturing as well as the mining and quarrying sectors by 1.8 and 2 percent
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Newsletter 14 - 06/02/2015
to the SYRIZA-led government, as is the collection of changes that it would be required to make in order... (ENFIA abolition and new taxation) was estimated at 2 billion. However, citing government sources... of 300,000 euros. The estimated revenues from this new tax have not yet been disclosed. 2. Reports also
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Newsletter 29 - 05/06/2015
surplus targets to 1 percent of GDP for 2015, 2 percent in 2016, 3 percent in 2017 and 3.5 percent... the solidarity levy rates for individuals whose annual income is between 30,000–50,000 euros by 2 percent... for the ninth successive month in May. 2 Arduous and exhausting Past eight months are a textbook example
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Newsletter 36 - 24/07/2015
be sold without the consent of shareholders, 2) transferring business to a bridge bank, 3) separating..., in this order. As of the beginning of 2016, senior debt holders and uninsured deposits (above 100,000... of capital controls since June 29, 2) the banks’ financial results for the second quarter of 2015, 3
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammeto be cooperating with the bank in order to qualify for the scheme. The arrangement lasts until the end of 2018... the tenure of the first General Secretary for Public Revenues (after the voting of the bill) at 2 years... to convene on Friday to approve the disbursement of the next sub-tranche of 2 billion as well
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Newsletter 55 - 12/12/2015
2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion. In their last debt sustainability analysis last summer, the IMF foresaw privatization revenues of 2... percent). The low reading is largely due to a decline in housing and transport prices. 2 A love
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Newsletter 107 - 17/02/2017
adopting in its winter forecasts the Greek outlook for a 2016 primary surplus of (at least) 2 percent... the Fund before these dates. The IMF believes that Greece has to adopt 2 percent of GDP (or 3.6 billion... society. These are elements he feels he needs in order to convince the 153 government MPs to back any
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Newsletter 114 - 07/04/2017
, the interventions lined up for 2020 will be moved forward by a year so that all 2 percent of GDP in new... in order to avoid further damage to the Greek economy due to the prolonged uncertainty... of the Independent Authority for Public Revenue (IAPR). The figures showed that 2 percent of the total tax debt
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Newsletter 161 -11/05/2018
on Athens is facing a tall order with the deadline for prior actions to be completed in a timely manner... to Tier 2 instruments, the capital depletion for NBG is 9.56 pps and 8.95 pps for Piraeus. The main... could account for as much as 37.2 percent to 44.8 percent of all employment. 2 New overdue taxes up
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