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  1. Tsipras reveals how excess surplus will be shared out, eyes political relief
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    scheme. Nobody earning more than 18,000 euros a year will receive any assistance, while the one-off.... The prime minister argued that the handouts were made possible by the fact that the Greek economy has... about high taxation,” he said. “The middle class, self-employed or pensioners did not crate off shore

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  2. Countdown begins for multi-bill, coalition eyes minimum wage increase
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    to be approved by Greek Parliament at least a few days in advance. Until now, the plan was reportedly... sign off and the compliance report could be prepared for the Eurogroup. However, some reports... for low-income pensioners that will be worse off next year as a result of reductions to the EKAS

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  3. Multi-bill on way as Athens aims to complete third review by Jan 22
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that around 70 have yet to be ticked off. Some require ministerial decisions to be issued, rather than... ideally like to round off the fourth review before the end of March. This would be ahead of the results of the stress tests on Greek banks and would allow attention to turn to the debt relief discussion

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  4. Despite fresh uncertainty, Tsipras insists focus is on four-year term
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the government can successfully pull off an exit from the programme successfully without the support.... The Greek prime minister would like to promote this as clean a break as possible with the last eight years..., the current mood within the government seems to be to hold off on a decision as long as possible. The fact

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  5. SYRIZA working on package of expansionary measures to provide political boost
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to revise the Greek Constitution. Finance Ministry officials are already working on the possible tax... from 2019 and the tax cuts would not be one-off measures. "We have a constant ability to have... is key to Tsipras's election planning. If the intervention is put off or counter-balanced

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  6. ESM releases final tranche of third bailout, boosting cash buffer ahead of exit
    Photo by MacroPolis

    EconomyProgramme

    -performing loans.” It was also noted in the Greek media that Regling made a clear reference... reminder that some of Greece’s lenders are not comfortable with the government trying to put off... calling off the pension cuts if Greece meets its fiscal targets even if this view does not seem

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  7. Foreign minister quits government, heaping pressure on Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    for confirmation from the institutions that it can call off the latest round of pension cuts due... is an indication that Tsipras wants to kill off any more discussion about the matter domestically... a strongly-worded condemnation of Moscow, suggesting there was no way back for Greek-Russian relations

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  8. Debt relief measures move ahead as Athens prepares to use fiscal space
    Photo by MacroPolis

    EconomyProgramme

    decision by the EFSF not to charge the step-up margin shows that the Greek government is abiding... request to pay off part of the amount it owes to the International Monetary Fund ahead of schedule... and one-off spending - that the government plans to adopt in the coming days. The interventions

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  9. Piraeus Bank posts net profit of 14 mln in Q1 from continued operations
    Photo by MacroPolis

    EconomyBanking

    . When excluding one-off items, namely the bank’s voluntary retirement scheme, PPI fell by 6 percent QoQ. PPI in Q1 2018 stood at 64 million euros. Excluding one-off items, PPI for the same quarter last... that the year had begun on a positive note for the international markets with Greek government bonds

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  10. ND moves on to next bill after first round of tax cuts approved
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    said that applicants would choose how many instalments they want to pay off their debt... that this would be the last one-off scheme of its kind but promised that New Democracy would create a “permanent... and ultra-nationalist Greek Solution. Polakis The relatively low-key discussion over the tax measures

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