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Newsletter 72 - 06/05/2016
on April 19, is due to be discussed in plenary over the weekend and voted on Sunday night, earlier than... and responsive than central governments, which face bureaucratic hurdles and are often hampered by political... of hatred” that included comments about sending refugees to nearby Auschwitz. Rather than helping refugees
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammerate of expenditure cuts. If the primary surplus is off track by more than 0.25 percent of GDP... in case of a natural disaster or other force majeure with a fiscal impact higher than 0.5 percent of GDP... than targeted.
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Government faces tight schedule for amendments to bailout legislation
EconomyProgrammethat it could be concluded in less than one month. NPLs The second key issue relates to the non-performing... in municipalities with less than 2,000 inhabitants who declare annual income below 10,000 euros... noting that ELA cost stands 150 bps higher than that of ECB. After the implementation of prior
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If you think it's bleak for Greece now, wait until tomorrow
Agoraplayers in shaping policy in Greece recently foresees that it will take more than four decades... worse than the rest of the euro area. The combined effect of all this is that labour will contribute... saw growth of 1.2 percent. The equivalent for Ireland has been more than 2 percent. Since reforms
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Linking of ex-PM with centre-left role highlights inertia, not momentum
PoliticsGreek Politicssocial democrats are having rather than any sign that momentum could be building. Reports over... spectrum. According to the reports, Simitis is seen more in the role of facilitator rather than... democrats are encountering rather than any desire on Simitis’s part to rekindle his political career
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Credit contraction decelerates to 1.9 pct in April, loan deductions drop to 117 mln
EconomyMacroeconomythan offset by household net deductions of 189 million. Since the beginning of the year, the net... slipped to 13.3 billion with increased deductions of 46 million less than 20 million in each... in April from more than 200 million in each of the previous three months of the year. Overall
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SYRIZA not entirely behind plans for changes to constitution, electoral system
PoliticsGreek Politicsthat internal party issues are coming to the fore again. Less than 10,000 people are estimated to have... directly by voters, rather than Parliament. The SYRIZA faction argues that this would give... system but are opposed to anything other than proportional representation, which is what SYRIZA favoured
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Uncomfortable parallels: The Greek and British referendums
Agora) is a worse place now than it was at some foggy point in the past where we achieved peak Blighty.” Last year... last June that “we are far more united and have far more in common with each other than things... nature rather than to seek to rouse our inner demons. Recent political developments mean
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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomy. Industrial products account for more than 62 percent of Greek exports to the UK followed by agricultural and petroleum products, which make up almost 30 and more than 8 percent respectively.... The bulk of imports from the UK (more than three quarters) also involve industrial products
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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politicsthat the new system applies immediately rather than from the general election after the next one... · Maintaining the 3 percent threshold for parties to enter Parliament The abolition (rather than a reduction... a key role in the process (even the possibility that it, rather than the election winner, could lead
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