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  1. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    . Note though that the zero-deficit clause has not been implemented yet. 4) Freezing monthly... government has committed to pension-related cost savings of around 0.25 percent in 2015 and 1 percent..., which are mainly related to: 1) Equivalent measures to fully compensate for the court ruling ordering

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  2. Tsipras plays to domestic gallery over IMF dispute
    Photo by MacroPolis

    PoliticsGreek Politics

    absence of the Fund from the programme has an appeal for Tsipras because he seems to believe... in Athens, he issued another statement clarifying that the sustainability of Greece’s debt has... if the coalition agrees to a new set of unpopular measures to conclude the current review, they will be less

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  3. Lenders agree new loan disbursement, piecemeal approach to debt relief

    PoliticsGreek Politics

    and 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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  4. Athens searching for compromise formula should IMF remain on board
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    be 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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  5. Athens absorbs Eurogroup fallout, hopes for better offer
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    tranche 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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  6. Fitch upgrades Greek rating to B-, sees debt sustainability improving
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    reduced 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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  7. Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the 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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  8. New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln

    EconomyMacroeconomy

    driven 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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  9. New overdue taxes rise by 995 mln in Oct, taking stock to 104.8 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    was 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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  10. New overdue taxes rise by 857 mln in November, total legacy and new debt at 105.5 bln
    Photos by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was 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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