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  1. Pension reform brings painful overhaul in social security contributions for self-employed

    Economy

    at 2,300 euros, while the relevant income ceiling for contribution calculations is set at 5,900 euros.... Press reports indicate this ceiling could reach 55 percent for annual income between 20 and 30,000

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  2. Houliarakis provides clearest view so far on Athens's debt relief expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    this scenario, Houliarakis said that the gross financing needs exceed the 15-percent ceiling... the 15-percent ceiling as of 2030. It also reduces the net present value (NPV) of Greek debt to 80

    10%

  3. Athens prepares for bond issue, eurozone works on growth/debt mechanism

    EconomyProgramme

    . Provisions reportedly include a ceiling of 1 percent of GDP on annual interest payments and a 2 percent ceiling on debt repayments. If Greek growth falls below expectations, the mechanism would kick

    10%

  4. Government move over primary residences raises questions
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    secured on homes; the ceiling on the market value of the property in question; the ceiling

    10%

  5. PM finalises relief measures in ambitious but risky move to sway voters
    Image: www.primeminister.gr

    PoliticsGreek Politics

    ) to 30 percent of a 4,400-euro ceiling, across an expanded list of professional categories. Also... percent of GDP, the government argues it can preserve the sub-3 percent deficit ceiling while

    10%

  6. Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
    Photo via www.helex.com

    Economy

    The Greek equity market mostly traded on negative grounds with subdued volumes this week, ending it down 2.6 percent, which almost offsetting the gains of 3 percent posted in the previous week. During the Eurogroup held in Bratislava on Friday, Finance ...

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  7. Newsletter 435 - 04/10/2024

    Newsletters

    since.MacroeconomyCharts of the weekRetail Retails sales recorded a marginal drop of 0.2 pct year... volumes index had a bigger drop of 2.8 pct YoY. On a monthly basis, the index also recorded a drop of 2.4... unemployed people in August compared with the same month of 2023, amounting to 444,402, a 2.5 percent drop.

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  8. Athens waits for green light from Eurogroup so it can settle IMF loans early

    EconomyProgramme

    the ceiling on the value of the properties protected, with the result that around 7,000 business loans... framework, reports suggested. The lower ceilings set on business loans mean it is estimated

    8%

  9. PBO highlights areas of uncertainty for 2020 budget
    Photo by MacroPolis

    EconomyMacroeconomy

    that majority of the spending ceiling savings will come from the purchase of goods and services in the state... which are less certain, like the 500 million euros from lower spending ceilings, the review

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  10. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    , it will drop as a percentage of GDP, to 167.8 percent, from 173.3 percent this year. Bonds are seen rising to 61.73 billion, from 55.6 billion in 2019, offsetting the drop in T-bills by 3 billion. Loans... to a drop in private consumption by 0.4 percent. The council however notes that under certain

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