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  1. Hopes of swift deal on contingent measures doused by technical, political complications
    Photo by MacroPolis

    PoliticsGreek Politics

    to review the budget execution and flag up any deviation, prompting corrective action. An automatic... Level Agreement with lenders could be speeded up. Given the complications and delays that have... for their implementation) this opens up the possibility of further friction within the two-party

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  2. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    at the high end at 2.88 billion (+111 million year to date), making up 43 percent of total arrears. Hospitals follow at 1.15 billion, up 215 million in Q1, corresponding to 17 percent of total arrears... of outstanding debt shows EFSF/ESM/IMF loans stood at 219 billion making up 68.2 percent of total debt

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  3. Greek tourism: Hopeful yet uncertain for 2016
    Photo by MacroPolis

    EconomyFeatures

    of Greece, up from 46 percent in January, while 55 percent of British tourists concurred with the statement, up from 39 percent in January. In Greece’s favour, some 80 percent of those surveyed... for international air arrivals at Greece’s main airports up to March 2016 showed an 8.2 percent increase

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  4. Reshuffle speculation mounts as offshore law sparks new political row

    PoliticsGreek Politics

    in 2003, participation in such a company was punishable with up to two years in prison. New Democracy... the technical details of the government’s rebuttal. The failure on the coalition’s behalf to flag this up... to clean up domestic politics. Reshuffle? It is unlikely that this issue will become anything more than

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  5. Coalition wants next review to be swift despite labour reform complications
    Photo by MacroPolis

    PoliticsGreek Politics

    rather than three months. “The second review is coming up in autumn." Tsipras made reference... expressed his wish that the next assessment by the institutions should be wrapped up quickly... been tasked by Athens and the International Labour Organisation (ILO) to come up with proposals

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  6. New tax arrears climb by 1.25 bln in May, total stock rises to 89 bln
    Photo by MacroPolis

    Economy

    display new unpaid taxes jumped to 5.58 billion so far this year, up by 6.7 percent from... to individual and other corporate taxpayers. Summing up legacy and new tax arrears, the total stock of tax debt reached almost 89 billion euros at the end of May, up by 1 billion from the end-April figure

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  7. Net job hirings hit 33,608 in June, highest since 2001

    EconomyMacroeconomy

    in June 2016, up by 25,018 compared to the corresponding period last year, the Labour Ministry’s... net hirings making up more than three quarters of the total monthly figure. The biggest share.... The aggregate figures for the first half of the year showed net hirings of 234,664, up by 31,541 from

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  8. Unpopular but effective property tax returns for another year

    EconomyMacroeconomy

    up just 0.7 percent of total ENFIA due. This bracket had the lowest collectability rate of 73.1... an ENFIA amount up to 200 euros. In addition, for almost eight in 10 (78.5 percent) the ENFIA amount was up to 500 euros, which means that that 5.86 million taxpayers owning 30 percent of the property

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  9. General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln

    EconomyMacroeconomy

    in the course of the year was recorded in SSF arrears by 381 million to 3.15 billion making up almost... of 24 million year to date with their stock at 1.31 billion in June making up more than 18 percent... to the IMF. Following the evolution in June, the EFSF/ESM/IMF loans rose to 225.96 billion making up

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  10. Justice can't be blind to facts in 2009 deficit case

    Agora

    the startling truth behind how Greece ended up needing the largest bailout ever put together for a country.... Also, if the plan was to pump Greece’s deficit figure up to protect Ireland, which had a 14.3..., competitiveness, etc), what Greece woke up to in 2009 was the realisation that its decision makers fell asleep

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