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  1. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    Although Greece and its lenders are continuing to debate how to set up an extra 2 percent of GDP in fiscal measures so they are on standby if primary surplus targets are missed next year or in 2018, there appears to be agreement between all sides on the basic package of 3 percent of GDP in spending

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  2. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    Introduction of a hotel overnight stay tax ranging between 2 euros for hotels with two stars up to 5 euros

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  3. Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    PoliticsGreek Politics

    , there seems to have been progress in agreeing how the extra 2 percent of GDP in contingent fiscal measures

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  4. Tsipras upbeat after vote, Eurogroup but deal details may still present problems
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    having to vote on another 2 percent of GDP in fiscal measures under great time pressure. It would also

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  5. Unemployment rate slips to 24.2 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    be more than 70,000 in the same period. The unemployment rate among men was trimmed by 2 percentage

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  6. Stournaras calls for lower primary surplus target, debt relief measures
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Speaking at a conference of the Confederation of Northern Greece Industries (SBEE), the Bank of Greece (BoG) governor Yannis Stournaras suggested on Friday that Greece’s primary surplus target of 3.5 percent of GDP in 2018 should be lowered to 2 percent. Stournaras stressed that a lower fiscal

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  7. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    in absolute terms, the respective ratio for primary expenditure was reduced by less than 2 pp from

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  8. Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
    Photo by MacroPolis

    Economy

    Greece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales. Speaking at a meeting of the Athens Chamber of Commerce and Industry (EBEA) on Monday afternoon, the chairman of the Hellenic Republic Asset Development Fund (HRADF) Stergios Pitsiorlas said

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  9. HFSF presents action plan on large corporate loan restructuring, says NPEs reached 103 bln in 2015

    EconomyBanking

    and lenders). 2) Planning of a coordination framework among banks with the aim to provide the guidelines

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  10. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts

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