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  1. Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes

    EconomyMacroeconomy

    The multi-bill tabled in Parliament on Wednesday evening included a set of parametric fiscal measures yielding around 1 percent of GDP that completes the 3 percent of GDP in fiscal interventions... sector attrition rule from the current 1 hiring for 5 departures to 1:4 in 2017 and further to 1:3

    6%

  2. Eurogroup sets conditions for disbursements totalling 10.3 bln to take place

    EconomyProgramme

    . The first instalment, amounting to 7.5 billion, is due in June after the implementation of 3 outstanding... and this money will now have to be collected from the pensioners. 3) Completion of milestones

    6%

  3. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    pillar II costs, fees fell 3 percent QoQ to 73 million euros, while fee expenses related to pillar II... II bonds (nominal value) were sharply reduced from their peak of 16 billion in Q3 2015 to 3 billion

    6%

  4. Newsletter 75 - 27/05/2016

    Newsletters

    as a way of partly negating the recessionary impact of the 3 percent in GDP of austerity measures... just passed a package of legislation that any administration in Europe would have balked at: 3 percent

    6%

  5. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    . The expenditure breakdown showed salaries and pensions dropped 1.4 percent in April and 3 percent... target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 235 million, at 15 percent

    6%

  6. PASOK and Potami aim to firm up joint platform
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    place on July 3 and comes after several rounds of discussions between representatives of each party... what a struggle Potami faces, with the centrist party lagging below the 3 percent threshold

    6%

  7. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    ) Inflation close to 2 percent until 2019 3) EFSF and ESM loan rates of 2.6 percent in 2020 and 3.5 percent from 2027 onwards 4) Greek Loan Facility (GLF) rates of 1.4 percent in 2020 and 3 percent as of 2027

    6%

  8. Coalition's proposal for PR electoral system unlikely to clinch supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    · Maintaining the 3 percent threshold for parties to enter Parliament The abolition (rather than a reduction... it would also not vote for the bill because it maintains the 3 percent of GDP threshold

    6%

  9. Coalition tweaks draft electoral law in hope of clinching supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    that the coalition would split into two articles the provisions on scrapping the 5-seat bonus and maintaining the 3... the 3 percent threshold remaining in place. If the coalition can get more than 200 votes

    6%

  10. Newsletter 81 - 08/07/2016

    Newsletters

    for the winning party but retaining the 3 percent threshold for entering Parliament – would apply... of removing the bonus but also wants to scrap the 3 percent threshold. As a result, the government separated

    6%