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  1. Provisions of out-of-court workout bill outlined ahead of submission to Parliament
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyProgramme

    any write-offs. The out-of-court workout is one of the key milestones of the second programme review... billion per month. The number of tax debtors slipped to 4.31 million, meaning that almost one in two

    2%
  2. Athens gears up for Cyprus talks, expecting progress rather than agreement
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    being carried out in one form and are continued in another, this doesn't mean that the conference... that will begin in Geneva resembles the one used for Iran’s nuclear program agreement. Leaders discuss

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  3. Athens sees Cyprus talks progressing despite lack of deal in Geneva
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    by Erdogan on Friday. Interestingly, in one sentence Erdogan says that Turkey will not leave Cyprus....” He suggested a withdrawal scheme that – according to analysts – resembles the one the UN suggested

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  4. Only 11.5 pct of Greek businesses made web sales in 2016

    Society

    turnover. While the ELSAT data offered no comparative data for other EU countries, in 2015 one fifth... one in ten reporting having bought computing services. Email (70 percent) and file storage (58.2

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  5. An unfounded argument leaves Greece in limbo
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    and not the approach that would have produced the optimal result. Greece finds itself in one of those moments... as a matter of political expediency. One can only hope that overcoming the current impasse

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  6. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rose by 7.2 percent to 5.76 billion in December, also including a payment of 630 million for one-off... noted, the notable budget outperformance, which also includes the one-off payment to pensioners worth

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  7. Tsipras tweaks message as chance of review compromise emerges
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of principle.” One of the government’s lines of defence against the upfront legislation of measures... that his administration was left with no option but to reach a compromise. One doubt regarding

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  8. Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    one third from 8.63 billion in 2009 to 5.82 billion in 2015, while a further cut is estimated... on cash withdrawals from its current level of 840 euros for a two-week period to 2,000 euros for one

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  9. Athens gears up for deal with lenders, pending news from IMF

    PoliticsGreek Politics

    that will be taken by German Finance Minister Wolfgang Schaeuble is one of the greatest concerns... programme to be torn up and a new one drafted. Reacting to a question about the report, a German Finance

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  10. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    One of the issues discussed in a recent International Monetary Fund paper deals with the Greek pension system and notes that the most recent reform goes in the right direction since it removes some... of contributions, while only one quarter involved applications made after 35 years of contributions

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