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  1. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    before) and to 178.1 percent in 2016 (from 171.4 percent). The OECD says that although debt service

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  2. S&P moves Greece down a notch to CCC, maintains recession forecast

    Economy

    the next fortnight, S&P does not expect that such an agreement would cover Greece’s debt service

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  3. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    The latest official figures provided by the social security system’s online service (IDIKA

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  4. Greek talks go down to the wire as IMF raises major objections

    PoliticsGreek Politics

    in the Greek proposal. The IMF is proposing an increase in the VAT rate on food service from 13 percent

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  5. How big is the gap separating Greece and the institutions?
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    in their current price. Another thorny issue is the VAT rate on food service. The institutions propose

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  6. S&P lowers Greek long-term rating by one notch to CCC-

    Economy

    to service financial obligations to commercial creditors, while S&P considers the ECB to be an official

    1%
  7. Moody's downgrades Greece's rating by one notch to Caa3

    Economy

    to service its total debt obligations in the next years, it needs to reach a lasting agreement with official

    1%
  8. IMF urges substantial debt relief for Greece

    EconomyProgramme

    percent of GDP for a prolonged period. In Greece’s case, the reversal of pension and civil service

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  9. IMF reveals its list of priorities for Greek bailout negotiations
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    market flexibility, enhancing competition in the service and product markets and improving

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  10. Newsletter 37 - 31/07/2015

    Newsletters

    further pension reform, changes to taxation (including for farmers), product and service market

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