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  1. Newsletter 60 - 29/01/2016

    Newsletters

    compared to the fiscal target for a deficit of 0.25 percent. Although this is more of a preliminary than... to more than 1.1 billion euros in absolute terms, could provide a cushion in the upcoming... than the institutions had forecasted a few months ago. A similar estimate for overall stable GDP

    4%

  2. IMF examines how Greece accumulated large pile of unpaid taxes and contributions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . Specifically, tax debt represents more than 80 percent of total liabilities to the state. The stock reached... tax debtors owe less than 3,000 euros each, while their tax debt makes up just 2 percent of the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80

    4%

  3. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    of public protests against austerity. Often the public rhetoric obscures rather than conveys...’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... more than twice the size of the entire public procurement bill. However successive governments have

    4%

  4. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    volunteers. By this count, Greece employs more professional firefighters than most developed western states. With 115 career firefighters per 100,000 inhabitants, it ranks higher than the United States with 109, and has more than twice the personnel than Italy with 48, and almost three times

    4%

  5. Athens resumes contact with Ankara as interest in FYROM referendum grows
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    The inauguration of the renovated Greek Consulate building in Izmir was considered a good chance for the resumption of talks between Athens and Ankara following the recent improvement in bilateral relations due to the release of the two Greek servicemen by Turkish authorities in mid-August after

    4%

  6. ND blocks parliamentary scrutiny of court’s surveillance decision, ratcheting up political tension
    Photo by MacroPolis

    PoliticsGreek Politics

    renovated a pre-existing water trough. Government spokesman Pavlos Marinakis argued that the allegedly

    4%

  7. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    Greece’s budget execution showed that the 5-month primary surplus more than doubled to 1.51 billion... higher than expected Public Investment Budget (PIB) balance (by 1.11 billion) more than offsetting..., the underlying revenue performance in May shows a revenue shortfall of more than 300 million euros. Τax

    4%

  8. Newsletter 47 - 16/10/2015

    Newsletters

    Panos Kammenos failing to include him in the cabinet rather than any particular ideological or political..., distancing themselves from any measures other than structural reforms, such as steps aimed at tackling tax... contraction than lenders The Greek government as well as local banks and economic think-tanks

    4%

  9. Newsletter 59 - 22/01/2016

    Newsletters

    their total tax and SSC burden to more than 80 percent of their net income. A joint committee... ceiling than the one contained in the government’s initial proposal. At the same time, farmers... deal than the one they have proposed. days. Following a teleconference with the institutions

    4%

  10. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . During the current crisis, the jobless rate more than tripled. It peaked at 27.5 percent in 2013 but has decreased by more than 2.5 percentage points (pp) since then, falling to 24.9 percent in 2015... (less than 5 months) exceeded the long-term figure. Long-term to total unemployment started rising

    4%