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Lenders agree new loan disbursement, piecemeal approach to debt relief
PoliticsGreek Politicsand reduce some of its domestic arrears. However, this will only be disbursed after Athens has made..., there is the potential of the ESM returning the SMP profits of 1.8 billion euros it has had in its.... For the medium-term, any additional relief measures will be conditional on the successful completion
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek Politicsbe needed. Although the government has consistently ruled out the legislation of measures for after... to issue a statement stressing that he has never been in favour of returning to the drachma.... the 2016 fiscal overperformance even though it led to short-term debt relief measures being put on hold
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Athens absorbs Eurogroup fallout, hopes for better offer
PoliticsGreek Politicstranche has been cleared, amid speculation about what consequences a lack of an agreement could... into a difficult position. The lack of an agreement on Monday has left Tsipras vulnerable at home..., as well as measures which could bring Greece’s financing needs down. Bloomberg reported that one
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Fitch upgrades Greek rating to B-, sees debt sustainability improving
Economyreduced reliance on ELA and the government has announced further relaxation of the capital controls... to 'CCC' under the rating scale of the other two agencies, which means that effectively Greece has... political risks. Sustained GDP growth, combined with the additional fiscal measures that were legislated
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Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
EconomyProgrammethe July 21 Eurogroup agreement and the European Stability Mechanism’s (ESM) executive board has not yet... euros in tax cuts that Greece will be allowed to make next year. The prime minister has asked for a set... to the fiscal measures in the future, especially as this may depend on the course of Greece’s public
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New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln
EconomyMacroeconomydriven by rises in new debt. Total debt has remained above the 100-billion mark for eight months now... of collectibility came to 81.5 percent. The IAPR has set a goal for the overall tax collectability rate... under forced collection measures increased by 5,227 month-on-month to 1.15 million. Those who qualify
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New overdue taxes rise by 995 mln in Oct, taking stock to 104.8 bln
EconomyMacroeconomywas for the large part driven by rises in new debt. Total debt has remained above the 100-billion mark for nine.... The aggregate rate of collectibility came to 81.5 percent. The IAPR has set a goal for the overall... million. Individuals under forced collection measures increased by 7,066 month-on-month to 1.16
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New overdue taxes rise by 857 mln in November, total legacy and new debt at 105.5 bln
EconomyMacroeconomywas for the large part driven by rises in new debt. Total debt has remained above the 100-billion... 82.2 percent in October. The aggregate rate of collectibility came to 80.7 percent. The IAPR has set... value of 57.2 million. Individuals under forced collection measures increased by 7,087 month
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New overdue taxes rise at lower rate in Apr, total debt at 104.6 bln
EconomyMacroeconomythe Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first four... part driven by rises in new debt. In the year to date, the total for overdue debt has increased.... Individuals under forced collection measures increased by 9,005 month-on-month to 1.21 million
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New overdue taxes rise by 235 mln in May, total debt at 104.5 bln
EconomyMacroeconomythe Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first five... of 105 million euros month-on-month. In the year to date, the total for overdue debt has increased.... Individuals under forced collection measures increased by 6,002 month-on-month to 1.21 million
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