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  1. Tsipras's choices are becoming clearer but not any easier

    Agora

    lenders on Friday in order to conclude the programme review would involve Athens adopting roughly 2... is that if they agree to another 2 percent of GDP in fiscal measures, it will exacerbate their unpopularity

    3%
  2. From MoU exit to Grexit: Where next for Greece?
    Photo by Andrea Bonetti/Fosphotos

    Agora

    the Greek government to pre-legislate another 2 percent of GDP in tax hikes and pension cuts. Since... will decide that what the lenders are asking from him, including 2 percent of GDP in new fiscal

    3%
  3. EU and Gazprom: A legal compromise that will shape Europe's natural gas landscape?
    Photo by Panayotis Tzamaros/Fosphotos

    Legal

    Stream 2 Project, despite the longstanding opposition from the Commission, now presents very good... with regard to the realisation of the Nord Stream 2 Project, which is expected to become the main

    3%
  4. CPI rises at a faster pace of 1.7 pct in March
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    index remained almost stable (+0.1 percent), while the goods’ index rose by 2 percent... (-3.3 percent), health (-2.7 percent) and miscellaneous goods and services (-2 percent). In more

    3%
  5. Details of technical agreement between Greece and lenders set out in draft sMoU
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    evening. The 53-page document dated May 2 is broadly similar to a previous draft of April 23 that we... (2 million). Although the tax expenditures to be abolished are not detailed in the draft sMoU

    3%
  6. Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    euros between now and 2021, including 1.5 billion euros of tax reductions in 2020 and another 2... percent of GDP fiscal target every year until 2021, creates an extra 2 billion euros of fiscal space

    3%
  7. Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    are expected to be revised upon the release of the provisional estimates due on June 2, including.... Exports fell by 2 percent, while imports edged down 0.4 percent. In addition, gross capital formation

    3%
  8. Another Eurogroup for Greece where all options fell short
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    the Parliament's vote for a package of further austerity measures worth around 2 percent of GDP in pensions cuts... the next decades Greece will need to live with a primary surplus of 2 percent of GDP, which will keep

    3%
  9. Greece gets bigger tranche from Eurogroup but Tsipras misses other key targets
    Photo via Fosphotos

    PoliticsGreek Politics

    2023 to 2060 would have to be “equal to or above but close to” 2 percent of GDP. The gains... there is more clarity on the debt measures. Lagarde said that around 2 billion dollars would be made available

    3%
  10. Newsletter 121 - 02/06/2017

    Newsletters

    by 1.7 points in May after improving cumulatively by 2 points in the previous two months, European... percent amid continued deleveraging, with net deductions of around 40 billion euros. 2 Deposit flow turns

    3%