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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeaccount for more than half (56 percent) of total expenditure. The non-wage benefits will be reviewed... Finance Ministry target to collect more than 3 billion euros from unpaid tax obligations
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Greek reform proposals set for broad approval but include some political obstacles
PoliticsGreek Politicsprocurements. It is in the area of the media, however, where the coalition has plans to go much further than... rather than attempting to put it to a vote in Parliament. There is no doubt that if the SYRIZA-led
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Relief at Greek extension approval evident in Athens bourse, bond yields
Economymaturities. The 3-year GGB yield fell by more than 4 percentage points (pp) to 12.6 percent from its... percent from 14.3 percent. In contrast, the 10-year GGB yield narrowed by less than 1 pp to 8.68 percent.
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Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln
EconomyMacroeconomyGreek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG). The January rate... balances rose by more than 2 billion month on month (MoM) to 214.14 billion in January from 212.04 billion
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Greek retail trade turnover index declined by 3.7 pct in December
EconomyMacroeconomydisposable income by more than 27 percent on heightened unemployment, reduced wages and pensions... months of 2015. In absolute terms, this corresponds to 4.4 billion, euros 1 billion less than
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Tsipras identifies first bills, domestic approval assured
PoliticsGreek Politicsafter tax evaders rather than have to refer their findings to tax offices, where there is often... (as set by the tax office rather than the property market) of 300,000 euros. Tsipras did not give
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Spain is not Greece: Part two
Agorafound. More than half of the Spanish youngsters are unemployed, just behind Greece’s rate. And, more... colleague, Yanis Varoufakis, and displayed in the negotiations a more hawkish stance than Germany’s Wolfgang
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The education of Alexis Tsipras
Agorarather than Finance Minister Yanis Varoufakis who was in the Belgian capital. There is a sense... displayed greater political deftness than most would give him credit for. But, as with all journeys
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammerespectively, making up more than one-fourth of the cumulative tax arrears. According to the proposed law... will receive a full discount of the surcharges. If the debtor pays a part of it, than he will receive
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The ECB's strict rules apply if you dare not comply
Agoranot exceed 1.4 billion euros annually, a significant relief of more than 10 billion euros over... discount factor detailed in a spreadsheet used by Whelan). This is a reduction in NPV of more than 34
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