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  1. Parliament Budget Office sees Greece heading for recession on back of uncertainty

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) has highlighted in its quarterly report the dangers... that despite the justified criticism of the eurozone's architecture, Greece is the only country that has... measures and the conflicting statements from coalition officials regarding whether

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  2. Tsipras briefing suggests he is still searching for deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    goal was to cancel out the opposition, which has been highly critical of his tactics during... in the opposition party has for some time been that it should back the agreement in principle but vote against... state whether they are willing to support the package of measures proposed by creditors. Although

    2%

  3. Athens ticking off prior actions one by one as EU keeps close watch

    PoliticsGreek Politics

    to visit Greece and check on the government’s progress in completing the tasks it has been set... evicted from their homes, which is a feature that has been largely absent from the Greek crisis... searching for measures of an equivalent fiscal value that could help raise the 300-350 million euros

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  4. Gov't submits multi-bill to pave way for next bailout tranches

    EconomyProgramme

    , 220,000 for couples, increasing by 20,000 for each child. The borrower has to be deemed... and the property has to be the primary or sole residence. In addition, an independent assessor... new taxes are the equivalent measures for not imposing the 23 percent VAT on private education

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  5. Positive mood but little substance in Tsipras's Turkey visit
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    in handling the refugee crisis. Davutoglu revealed that German Chancellor Angela Merkel has suggested... the two coast guards as Athens has rejected the German idea regarding joint patrols in the Aegean Sea... is already in talks with his Turkish counterpart regarding measures to tackle traffickers, the leaders

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  6. Pension reform wrangle prompts Greece to consider going own way on contributions rise
    Photo by MacroPolis

    EconomyProgramme

    for January, after the second set of milestones has been completed, the issue is already beginning... to a reduction of rates. At the same time, Greece has to implement the zero-deficit clause for supplementary.... The measures voted in the Parliament in July cover the MoU requirements for 2015 and a large part

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  7. Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates

    Society

    are widespread has decreased dramatically in Greece (-22 pp) and Croatia (-18 pp). The country-level.... Since 2013, there has been a 10 point drop in companies agreeing that that unfair selection... caught. Greek business are the third most likely to disagree that measures against corruption

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  8. Growing criticism of coalition's handling of public sector jobs

    PoliticsGreek Politics

    responsibility for waste management from local authorities. The waste management issue has been... opposition MPs was not an isolated incident as the coalition has over the last few weeks prompted criticism... “parallel programme,” which aims to alleviate the social impact of the crisis. It contains measures

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  9. Prior actions completed, coalition now faces up to first review and contentious reforms
    Photo by MacroPolis

    PoliticsGreek Politics

    to boost revenues. Both are political hot potatoes for the government. On pensions, the coalition has already set the bar high as it has ruled out cuts to main pensions, which means that the bulk... protested en masse in Athens against these proposals, leading the government into the uncomfortable position

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  10. Parliament's budget office stresses need for reform, protecting growth prospects

    EconomyMacroeconomy

    of understanding (MoU) voted by a wide majority in Parliament has provided a common base... and financial effectiveness, which has to be adequately justified. The PBO’s initial assessment on the pension... as long as the reforms avoid the imposition of strict fiscal measures, which would intensify

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