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  1. Athens edges towards compromise on pension cuts but may have to plug fiscal gap
    Photo by MacroPolis

    EconomyProgramme

    Brussels on Friday, Prime Minister Alexis Tsipras appeared optimistic that Greece’s draft budget... apparently believe that the projections in the 2019 budget leave a gap that must be plugged, either

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  2. Pensions spending stable but early retirees burden system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the fiscal space to forgo this measure. The 2019 budget submitted to the European Commission... optimistic that the budget would be accepted without any changes. The latest cuts aside, the country’s aging

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  3. Backpay for civil servants gets "positive" measures rolling for government
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of the vote on the budget. Fiscal impact The reduction in the ENFIA property tax is seen having a fiscal... budget. It has been suggested in the local media over the past few days that the government might have

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  4. Council of Europe report warns over austerity-inflamed inequality in education
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    this year. The report noted that the state budget for the Ministry of Education was significantly... professionals,” the Commissioner’s report said. As budget cuts hit, schools closed and merged

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  5. Coalition closing in on goal of cancelling pension cuts
    Photo via Fosphotos

    PoliticsGreek Politics

    . The fiscal impact of the entire package is estimated at 766 million euros in the draft budget. Going... programme. The preliminary budget execution Jan-Oct data published on Wednesday showed that on a year

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  6. Fresh reminder about pending reforms for Athens, which remains confident on goals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    are spending from the fiscal space in the budget in social sectors where Greece has the lowest spending... in the budget for this winter’s heating fuel subsidy. He also said that if he remains in office in the coming

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  7. Newsletter 187 -14/12/2018

    Newsletters

    to the Finance Ministry’s (MoF) monthly gg bulletin. Overall, the state budget primary balance showed a rise... projection in the budget sees the HICP rising by 0.8 percent in 2018. Q3 wages index up by 2.8 pct QoQ

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  8. S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for a more cautious approach. S&P sees a stabilising economic outlook, which is coupled with solid budget... at the end of adjustment programme last summer. On the budget commitments, S&P sees a risk

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  9. Primary cash balance at deficit of 34 mln in March
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to March rose by 758 million euros to stand at 12.67 billion euros. The Public Investment Budget (PIB... euros compared to a surplus of 783 million euros last year. The preliminary budget execution

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  10. Primary cash balance at surplus of 232 mln in Apr

    EconomyMacroeconomy

    by 1.19 billion euros to stand at 16.57 billion euros. The Public Investment Budget (PIB) balance came... million euros, declining by 650 million euros year-on-year. The preliminary budget execution figures

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