Search
-
Lowest income groups in Greece saw wages drop and taxes rise most during crisis
Societyand austerity policies on incomes, inequality and poverty in Greece has found. Entitled Greece: solidarity... has witnessed growing poverty and total pauperisation of a substantial part of Greek society as a result of the crisis and austerity measures, both in terms of absolute and relative poverty
2% -
MPs vote for referendum amid growing uncertainty about euro membership
PoliticsGreek Politicsthat the government still has time to change its stance and seek a deal with lenders. Alternatively, she said... that the Eurogroup stands ready to reconvene to discuss the Greek issue. “The process has not ended,” he... would have no trust in the government to implement a set of measures it had just campaigned
2% -
Final push for "Yes" and "No" campaigns as referendum result hangs in balance
PoliticsGreek PoliticsDijsselbloem has made clear, that whatever deal is agreed would include tougher measures due to the damaging... government or he could trigger the process for national elections. Another option that has emerged... target – especially as there is already friction within the government over the measures proposed so far
2% -
Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomyThe Greek economy deteriorated in the first half of 2015 and the country has entered again... the agreement, it has to deal also with a reliability issue on the internal front due to the earlier..., according to the report: The tax and other measures have a recessionary effect, whilst the reforms
2% -
Overhaul of energy market among tasks looming for government
EconomyProgrammeOn top of the fiscal policy measures and pension reforms the new government has to work on in the next few weeks, it also has to meet key deliverables in the energy sector over the coming months... to imminently adopt structural measures that would lead to the same results in terms of market shares
2% -
Meeting with farmers marks start of renewed effort to reach bailout review deal
PoliticsGreek Politicsbelieves that around 1.5 percent of GDP in new fiscal measures will be enough and has reportedly asked... contributions in return for receiving lower pensions. The coalition has been pleading with farmers... make a significant difference to the measures that will be needed this year and in 2017-18 in order
2% -
Government steels itself for protests, looks for positive in polls
PoliticsGreek Politicsand the impact of the measures it has adopted. It wants instead proposals for changes to the electoral law... movement that took over Syntagma Square in central Athens in the summer of 2011. The government has... the votes on the latest bailout-related measures, which means they are not going to cast doubt over
2% -
Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny
Legalin respect of income tax on profits derived from the operation of ships. The Commission has voiced its... market. While the relevant negotiations are still ongoing, the shipping sector has been lobbying... benefits granted to wider maritime cluster companies under Law 27/1975, are all measures which
2% -
World Bank sets out savings Greece can make from streamlining welfare benefits
EconomyProgrammeto the supplemental memorandum of understanding, the government has committed to complete the SWR... it has some of the largest gaps among EU countries, with nearly half of the poorest 40 percent..., the World Bank’s proposals for elimination of tax measures are expected to yield 294 million euros
2% -
Flare-up between Athens and IMF fuels doubts over review breakthrough
PoliticsGreek Politics, suggesting that Athens is at fault for the high primary surplus targets it has to meet brought an instant... a positive outcome. “Given how much progress has already been made, an agreement on the review could... but without this or any specific measures being legislated now. The other option seems to be for the IMF
2%