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  1. More changes needed to unlock private sector's potential, report says
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    dominated by small firms, rather than larger, productive companies serving international markets... added affected micro firms (less than ten employees) the most but also impacted small businesses... at around 80 percent of the nominal value in 2008.” While this has led to large firms’ (more than 250

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  2. Has internal devaluation really helped Greek exports?

    Economy

    The performance of Greece’s exports has been one of the main disappointments of the troika-led program. One of the pillars of Greece’s adjustment was meant to be internal devaluation, which through a number of reforms that would stimulate growth, absorb the collapse of domestic demand and re-direct

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  3. Bond issued for capital support of Greek banks in 2009 reaches maturity

    Economy

    In late 2008, amid the US subprime crisis and 1.5 years before the signing of the first Memorandum of Understanding with the troika, the Greek government passed a bank liquidity and capital support bill (Law 3723/2008). This consisted of two pillars: The first related to capital enhancement of up

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  4. WEF report highlights weakness of Greek institutions and challenges of recovery

    Economy

    places since 2008. Looking at the different pillars of competitiveness, Greece has gained 12 places

    3%

  5. What is in SYRIZA's 3-pillar programme to overcome the crisis?
    Photo by MacroPolis

    Economy

    pillars. The five interventions of this pillar include: 1) Abolition of the single property tax (ENFIA

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  6. Greece prepares set of proposals for bridging deal with eurozone

    PoliticsGreek Politics

    One day after Prime Minister Alexis Tsipras’s presented his government’s policy programme in Parliament, the Finance Ministry has been briefing journalists on what will be the four pillars of Greece’s proposal to the Eurogroup on Wednesday. Unlike earlier indications that Greece would seek

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  7. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    includes four pillars: VAT, pensions, corporate and income tax and other measures. We present below

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  8. This is the government's strategy on banks and NPLs as part of third bailout

    Economy

    One of the four pillars outlined in the draft bill that was tabled to Parliament accompanying the draft agreement for new financial aid from the European Stability Mechanism (ESM) relates to safeguarding financial stability. The government pledges to make any interventions that would enhance

    3%

  9. Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders

    Economy

    on April 28. Thus, the bank will be the first without any reliance on any of the three pillars

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  10. Government hopes offer of tax breaks and grants will spark growth boost

    EconomyMacroeconomy

    pillars of involve a) the gradual shift of priorities from the production of low value-added goods

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