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  1. General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    contributions rose by 3.6 percent to 6.98 billion. Expenditure declined by 244 million euros (1 percent... remained unchanged at 2.85 billion, representing less than 1 percent of the total. Guarantees

    3%

  2. Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
    Photo by Yiannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    in apartment prices has remained under 1 percent. Compared to the previous quarter, apartment... to an average drop of 1 percent, improving against the drop of 2.4 percent in 2016. Apartment prices

    3%

  3. Income and living conditions survey shows persisting inequality
    Photo by Harry van Versendaal

    Society

    the age of 14. The total population’s risk-of-poverty rate was 20.2 percent in 2017, down by 1 percentage..., falling by 1.8 pps YoY. The rate fell by 1 point for the total population and those aged 18-64

    3%

  4. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    in the latest baseline scenario is seen levelling off at 1 percent in the long-term, which translates... not allow for optimism regarding real long-term growth in excess of 1 percent. Privatisation proceeds

    3%

  5. Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might be realised. Moscovici... and reducing the tax-free threshold in 2020 so that another 1 percent of GDP (roughly 1.8 billion euros

    3%

  6. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    low at 20.1 percent in 2017 versus the 34.9 percent EU average. The report concludes that every 1... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt

    3%

  7. IMF voices concerns over long-term debt, sees more relief being needed
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    -term growth cannot exceed 1 percent, and even those assumptions can only be achieved if Greece..., which brings real growth that exceeds 1 percent. In the IMF’s baseline scenerio, although debt-to-GDP

    3%

  8. Building permits up by 4.4 pct in May and 5.3 pct in first five months
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure marks... drop of 1 percent, improving against the drop of 2.4 percent in 2016. The latest confidence indicator

    3%

  9. Focus turns to first post-MoU visit by creditors and talks on pension cuts
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    that cutting pension expenditure by 1 percent of GDP is not necessary in fiscal or structural terms... by October 1 before the economic plan is handed over to the European Commission on October 15 as part

    3%

  10. Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The Greek government has given its clearest indication yet that it does not intend to implement the 1 percent of GDP in pension cuts due next year. Ahead of the first meeting of Alexis Tsipras’s new... on September 10. The main proposals for tax cuts are: 1. A reduction in the basic tax rate from 22 percent

    3%