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  1. No time for Tsipras to celebrate as long list of tasks means pressure is on from start

    EconomyProgramme

    integrating into the ITC the solidarity levy as of 2016. 2) Identify all business income tax... the restoration of basic and supplementary pensions to their 2012 levels. 2) The gradual phasing out..., diagnostics and private clinics. 2) Publish a price bulletin to reduce pharmaceutical prices

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  2. General government primary cash surplus widens notably to 5.14 bln at end of Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    a notable increase of just over 50 percent or 1.93 billion since the beginning of the year. The bulk... period. The government has initially indicated that a part of the last two sub-tranches of 2 and 1... loans by 2.18 billion largely due to the payment of the last sub-tranche of 2 billion. All the other

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  3. Newsletter 182 -9/11/2018

    Newsletters

    that is in scope for the purpose of this forecast, Greece is expected to grow by 2 percent in 2018, slightly higher from the 1.9 percent previously. Growth next year is seen at 2 percent, from 2.3 percent... return back to 2.3 percent growth. Growth for 2020 is also seen at 2 percent. Both private

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  4. Newsletter 193 -08/02/2018

    Newsletters

    almost 1.3 billion euros in 2018, around 2 billion euros remained unpaid at the end of December... the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent as a result... growth is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2

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  5. Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    . The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54... by higher tax revenues of close to 2 billion euros at 56.75 billion euros. Taxes are up by 1 billion euros with VAT up by 800 million euros and special consumption taxes up by 50 billion. Income taxes

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  6. Where are the Conservatives?
    Image: https://twitter.com/kmitsotakis

    Agora

    (Mitsotakis 1 and 2). 2. The average number of “cabinet” members, sometimes including state secretaries... measured 737,000 total employment; in 2022 it was 1.1 million.[2] We can overlap over this interval... facilitated keeping jobs to a minimum. [2] The compound growth rate of government employment is 1.4

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  7. Greece's 2014 fiscal gap suddenly appears bigger, much bigger

    Economy

    fiscal consolidation effort worth over 4 billion euros, or 2 percent of GDP. Following Asmussen’s comment, reports in the Greek media suggested that additional fiscal measures of between 2 and 3... promising there would be no new austerity measures in 2014, to find another 2 to 3 billion euros of savings

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  8. Greek banks' capital backstop and the funding gap: An uneasy relationship
    Photo by Harry van Versendaal

    Economy

    not include the provision of liquidity assistance. Its paid-in capital (50 billion) is the financial... reducing capital needs by 2 billion - the clarification on the inclusion of the capital boost... of 2 billion with press reports noting that 1-1.5 billion could be raised by an anchor investor

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  9. Eurobank gears up for crucial but contentious capital increase

    EconomyBanking

    after the bank announced in mid-November plans to initiate a capital increase of circa 2 billion... recapitalized by the HFSF (such as Eurobank), unless its stake falls below the 50 percent threshold after... of these shares stands at high levels (10 percent with a 2 percentage point step-up every year after 2014

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  10. Is there (sustainable) growth in Greece?
    Photo by MacroPolis

    Agora

    ). [2] Russia accounts for roughly 25 percent of Greece’s peach production and approximately 50 percent... between both countries totalled 9.3 billion dollars in 2013, mostly in gas, oil and food products.[2... a work in progress and is puzzling policymakers as well as analysts. As graph 2 illustrates

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