Search
-
Primary surplus target still on lenders' agenda despite snap elections
EconomyProgrammesurveillance report next week, but it is certain that the issue of meeting this year’s fiscal targets... by the European Stability Mechanism’s chief economist Rolf Strauch. “We do not have a complete assessment... of a snap election and the fact that New Democracy’s performance in Sunday’s European vote points
2% -
Unemployment drops to 18.1 pct in March
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for an eighth consecutive month in March and came to 18.1 percent following a slightly downward revision of February’s rate to 18.4 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same
2% -
Parties' competing tax pledges come up against challenging reality
EconomyFeaturesof the average worker’s annual compensation), while the marginal tax rates are high relative to the Eurozone... package. However, the government’s new scale cuts the contributions more radically... of the fiscal impact of New Democracy’s base tax rate adjustment would range between 1.3 and in excess of 3
2% -
Annual report shows majority of debt in official hands on favourable terms
Economywas placed in the government’s cash buffer account which was being built to cover the government’s..., electronic auctions, out-of-court settlement mechanism). The report detailed the government’s..., the average re-pricing time of public debt reached 13.01 years. A breakdown of the government’s gross
2% -
BoG report highlights economic challenges, proposes way forward
Economyand makes proposals that would free up the country’s potential to accelerate growth. The economy... challenges include long term unemployment, which is highest among Greece’s youth, and low female... by investment.” The drastic reduction of the NPL problem based on the BoG and finance ministry’s
2% -
Greek graduates still unequipped for job market, study suggests
SocietyThe Hellenic Federation of Enterprises (SEV) has released a study which shows that Greece’s... than evolving and thriving, Greece’s manufacturing sector has not only had to deal with adopting new... by health and medicine (28.4 percent). SEV noted that Greece’s manufacturing industry is going
2% -
Eurogroup emphasises limited room for discussion on fiscal targets
EconomyProgrammeof yesterday’s meeting in Brussels, where the content of the third enhanced surveillance report... for additional debt relief measures, and it’s very hard to see how debt sustainability can be achieved without that. That’s where we are on that number.” Regarding the tax-free threshold, Regling said
2% -
Unemployment falls to 17.6 pct in April, dipping under 18 pct for first time since Jul 2011
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate came to 17.6 percent in April from an upward revised rate of 18.2 percent in March, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last year, the unemployment rate came to 19.8 percent. April’s reading marks
2% -
ND puts changes in education and justice system high on agenda
PoliticsGreek Politics’s universities and make them more independent. The new minister, one of just five women..., who is considered one of the government’s bright prospects. Justice The justice system is an equally... Court vice presidents and two for the Council of State, Greece’s highest administrative court
2% -
New Parliament sworn in as Mitsotakis picks top civil servants, maintains status quo with church
PoliticsGreek Politicswould not continue with the previous government’s efforts to move priests from the public sector... government’s attempts to change textbooks for religion classes, to move priests off the public.... Tuesday’s meeting confirmed that despite his liberal leanings in other areas, Mitsotakis
2%