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  1. Greece slips five places to 86th in global competitiveness rankings
    Photo by MacroPolis

    Economy

    Competitiveness Index (GCI) remained 81st and had improved by 10 and 5 spots in 2014 and 2013 respectively... (currently ranked 80th), which make up 20 percent of the GCI and 5 slots in efficiency enhances (67th

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  2. Greece and lenders make headway on review but labour reforms remain biggest obstacle
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    that the Fund demands not only an increase in the ceiling of mass dismissals from 5 to 10 percent but also...) by November 28 so the Eurogroup can ratify the agreement on December 5.

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  3. Tsipras and Mitsotakis speak to their MPs but address wider audience
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    can still reach a “political agreement” on the review by the December 5 Eurogroup, Tsipras set out...” in increasing the limit on collective dismissals, which currently stands at 5 percent of the workforce per month but which Greece’s lenders reportedly want to increase to 10 percent. His comments

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  4. Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
    Photo via Fosphotos

    EconomyProgramme

    of GDP primary surplus for. He said they ranged from 3 years, to 5 and 10. This is bad news... being reduced by 20 percentage points and gross financing needs by 5 points of GDP between now

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  5. Bill aims to encourage more electronic transactions in Greece

    EconomyMacroeconomy

    , the minimum amount stands at 10 percent of income, for incomes between 10,000 and 30,000 euros the respective... a new one with an initial surcharge of 5 percent (on the tax due) if it is submitted by the end... surcharge subject to the reference year of the tax form. It ranges from 5 percent if the reference year

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  6. Newsletter 101 - 23/12/2016

    Newsletters

    – even though eurozone finance ministers signed off on the measures at the December 5 Eurogroup... reference to the monthly limit on mass sackings, which the institutions want to increase from 5 percent of the workforce to 10 percent. Any agreement on the framework for collective dismissals will have

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  7. Another spin of the wheel for Greece
    Ferris Wheel at Syntagma Square

    Agora

    on December 5, when (in the absence of the second review being wrapped up) the Eurogroup agreed... percent compared to last year as exports fell by 2.7 percent during the first 10 months of the year... also previously aimed to conclude the talks by the December 5 meeting of eurozone finance ministers

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  8. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    €1.9 billion during the program period, corresponding to just 10 percent of the initial target... of more than 5 percent of GDP within three years (or 1.7 percent per year on average) has an increasingly..., there have been only 15 cases of recessions of longer than 5 years, while no country sustained a primary

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  9. From MoU exit to Grexit: Where next for Greece?
    Photo by Andrea Bonetti/Fosphotos

    Agora

    for Tsipras. An attempt to reach an all-round deal at the December 5 Eurogroup foundered. From... and for less than the 10 years agreed in the fraught summer of 2015. Armed with these gains... by pushing Greek sovereign yields down to around 5 percent, which would enable a small, medium-term

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  10. Athens, lenders trying to put last pieces in place for technical agreement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    on mass layoffs to increase from 5 to 10 percent may be dropped. The IMF has also reportedly backed... of 5 percent for pensioners of the Social Security Institute (IKA), the largest pension fund

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