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  1. Wise men proposals on labour market reforms give Ministry bargaining basis with lenders

    EconomyProgramme

    . The report notes that one committee member proposed the minimum salary to be determined after... and independent experts. The committee did not also agree on the minimum wage for the youth with one

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  2. Newsletter 91 - 07/10/2016

    Newsletters

    observers even argue that they are dictated – by Greece’s international creditors. One should not forget... in the formal economy. For one, the aforementioned volume of rising unpaid taxes is also a reflection

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  3. Greece's taxing challenges

    Agora

    argue that they are dictated – by Greece’s international creditors. One should not forget.... For one, the aforementioned volume of rising unpaid taxes is also a reflection of various

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  4. Tsipras ponders risking reshuffle to finish review on time, get debt talks going
    Photo by MacroPolis

    PoliticsGreek Politics

    and the government, which was one of Tsipras’s key pledges when he spoke to delegates earlier this month... speculation that he will be one of the cabinet members removed from office in the reshuffle

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  5. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The funding of the guaranteed minimum income (GMI) emerged as one of the most contentious issues in the first round of discussions on the second programme review between the Greek government and the institutions’ mission chiefs. One of the prior actions of the second review involves the launch

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  6. Government steps in as NBG row takes new twist
    Photo by MacroPolis

    EconomyBanking

    Just one day after the election of the new chairman at the National Bank of Greece (NBG), which was seen as providing respite in the recent dispute between the NBG top management and the bank’s major... as the new non-executive chairman with twelve BoD members voting in favour of his appointment, while one

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  7. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    one week and concluded on October 27. The Greek government is hoping that the second round... model that combines flexibility with security, similar to the one in Denmark, which includes

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  8. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016 from 46.2 million in the previous quarter. Q3 bottom-line results include a one-off gain of 55 million... 2017 with 2-3 large corporate NPLs. According to market sources, another one Greek bank (Piraeus

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  9. Greece and lenders make headway on review but labour reforms remain biggest obstacle
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    of certain tax credits. The GMI funding for 2018 is one of the pending issues related to the Medium... and other creditors. In case their application is approved by 60 percent of creditors, one of the 2,500

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  10. Greece’s downstream oil industry adapts to shifting demands
    Photo via http://www.helpe.gr/

    EconomyFeatures

    issue for a country which has refined petroleum and its products as its number one export product... on average able to receive additional income due to the surplus of emission allowances.” One

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