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Greece 57th in WEF's Global Competitiveness Index based on new methodology
EconomyFeaturesin the pillar of Infrastructure, where the country ranked number 1 for its electrification rate
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Athens edges towards compromise on pension cuts but may have to plug fiscal gap
EconomyProgrammespending by 1 percent of GDP from January next year. According to unnamed sources who spoke to Ta Nea
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Pensions spending stable but early retirees burden system
EconomyMacroeconomy(15.2 percent). Around 1 percent of pensioners are aged 25 or under, and receiving pensions due
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Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
EconomyMacroeconomywas the equivalent of 1 percent of GDP, or 1.8 billion euros. Athens expects that it will beat its
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New details reveal what may have led to discrepancy in Athens Airport concession price
EconomyFeaturesJanuary 1, 2019. At the start of October, HRADF submitted to the Court of Audit the agreement
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Newsletter 180 -26/10/2018
was the equivalent of 1 percent of GDP, or 1.8 billion euros. Athens expects that it will beat its
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As budget talks drag on, parties focus on inflicting damage via graft claims
PoliticsGreek Politicsthat there is not enough fiscal space to scrap the 1 percent of GDP in pension cuts, adopt almost 800 million
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IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
EconomyProgrammeas of January 1. The government is also in the process of drafting legislation to hand over backpay
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Newsletter 181 -2/11/2018
for the contributions to be reduced by a third. They will fall from 20 percent to 13.3 percent as of January 1
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Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
EconomyProgrammethey expect in 2019 if the 1 percent of GDP in pension cuts does not go ahead. It has been suggested
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