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Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
Societyin their living standards in the four years before the survey. Only 2 percent of the Greek households... Europe (14 percent, the transition region (9 percent), Germany (31 percent) and Italy (21 percent
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S&P affirms Greece’s rating, outlook remains stable
Economyincremental, relaxation of capital controls. Moreover, the unemployment rate is seen falling by 2 percentage... on February 24, while the second rating update by S&P is scheduled on July 21.
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Industrial production rises at slightly faster pace of 2.2 pct in Dec
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) increased by 2.2 percent in December after a downward revised growth of 2 percent in November, Hellenic Statistical Authority (ELSTAT) data showed... reflects a notable rise of 15.9 percent in electricity production, which makes up almost 21 percent
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Athens in search of counter-measures to secure MPs' support for potential deal
PoliticsGreek Politicsof the 2016 primary surplus on April 21 and Eurostat is expected to confirm this figure on April 24... insisted that the forecasts made by Brussels, which see last year’s primary surplus at 2 percent
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Greece and creditors dive into details of measures and counter-measures
EconomyProgramme, included measures worth 2 percent of GDP (3.6 billion) almost equally split between a reduction...-of-court workout for public consultation on February 21, while Economy Minister Dimitris Papadimitriou
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Lack of trade-offs for Athens keep deal with creditors out of reach
PoliticsGreek Politicsis vital to determining the volume of measures that will be demanded of Greece. The starting point is 2... it could reach around 3 percent of GDP. This will not be confirmed, though, until April 21
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgramme. In more detail, around 21 percent declare annual income between 1-5,000 euros, around 35 percent.... The government has counter-proposed a reduction of 15 percent in the single property tax (ENFIA), a cut by 2 pp
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Greece and lenders trap themselves over labour reforms
Agorawrangling, Greece still harbours hope of reducing the 2 percent of GDP volume for the new fiscal... ELSTAT is due to announce the final number on April 21), which could lead to the talks with the creditors
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These were the key drivers behind Greece's strong fiscal performance in 2016
EconomyMacroeconomybillion to 11.18 billion, while taxes on income and property, which make up around 21 percent..., taking their total to 24.93 billion. In contrast, capital transfers fell by more than 2 billion to 3.21
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Greeks express most negative sentiments about economy in global poll
Societyof their economy, with 98 percent saying that the current economic situation in their country was bad and just 2... the most negative response among the European countries surveyed. Just 21 percent thought the next
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