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Greece tops OECD countries for tax rises and spending cuts
EconomyFeatures. Breaking down tax rises, the survey found that in Greece, the tax to GDP ratio was highest of all
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek Politicsthat further reductions to pension spending, and significant ones at that, would not go down well
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Mixed picture for government after first day of talks with creditors
EconomyProgrammeto play down Juncker’s response by suggesting that it was a more general comment and was designed
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Newsletter 174 -14/09/2018
for the latest 12-months since August 2017 remained at 0.5 percent. Eurosystem funding down to 12.63 bln
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Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
EconomyMacroeconomyMonthly gross revenues increased by 8.3 percent YoY to 4.60 billion, down from July’s figure of 5.42
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBanking. In particular, the mortgage sector has displayed poor performance when it comes to bringing down
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Divisions emerge within ANEL over vote on Macedonia name deal
PoliticsGreek PoliticsThe insistence by Defence Minister Panos Kammenos, who leads junior coalition partner Independent Greeks (ANEL), that he will bring down the government if the Macedonia name agreement comes to Greek Parliament has met with opposition from some of his own MPs. Kammenos reiterated his position
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Newsletter 175 -21/09/2018
performance when it comes to bringing down the number of bad loans compared to other sectors. Year-on-year
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Tsipras and Kammenos vow to stick together until further notice
PoliticsGreek Politicsgap between the two leading parties is down from 6.5 in the company’s last poll before the summer
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Budget surplus confirmed at 3.16 billion in August
EconomyMacroeconomyby 8.8 percent YoY to 4.62 billion, down from July’s figure of 5.42 billion. On an aggregate basis
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