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  1. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    was legislated last May and applies to personal incomes in 2016. According to reports, the government has..., assuming that their declared income remains stable. The IMF has recently noted that if Greece aligns.... 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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  2. Slow progress on fiscal, impasse on labour keep review deal on hold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    as Athens believes that it has a strong case given that there is a commitment from the eurozone... has also pointed to the response given by European Economic and Monetary Affairs Commissioner Pierre... the review, leaving all sides to return to the matter as part of the next inspection. There has been

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  3. Kotzias visit to Washington still leaves some doubts about US stance
    Photo by MacroPolis

    PoliticsForeign Policy

    and equal – with states with which it has very friendly relations.” When asked whether he thought... as it has publicly said little about it. In an interview with the Wall Street Journal last month, US.... The Cyprus issue has also fallen into a stalemate over the last month following the decision of both

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  4. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    . It has requested an increase in the limit for mass layoffs, abolition of the need for pre-approval... for the restoration of collective bargaining. The Fund has also demanded a reduction in the tax... this issue has also not been resolved yet, it appears that the two sides are not far from clinching

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  5. No return of institutions after Eurogroup but talks to continue in Brussels
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    EconomyProgramme

    for these matters to be discussed. There was no surprise in the issues highlighted as it has been clear since... the matters that are tackled. The Greek government has been arguing for the past few days that some... suggested last week, the Commission at least has slightly different views from the IMF on labour reforms

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  6. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    of syndicated bond loan, has been initially approved by the four systemic lenders and Attica Bank... and individual investors. PPC’s stock price has dropped by 5.2 percent in the year-to-date. It has

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  7. Outline deal clinched at Eurogroup, focus now moves to Athens
    Photo via Fosphotos

    PoliticsGreek Politics

    in the press conference. He underlined the “strong impact” that uncertainty has had on the Greek banking... the fiscal performance is severely off track. It has also secured some concessions on the labour front... agreement on Sunday, when SYRIZA’s central committee is due to meet to assess the deal. Tsipras has

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  8. Cyprus talks rolling again but Athens seems sceptical
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    the “Enosis” issue that led to a suspension of talks has not yet been restored. Sources note that the “blame game” and the nationalistic rhetoric that both leaders succumbed to during the last two months has... stance Athens, though, seems suspicious about Eide’s role. Greek Foreign Minister Nikos Kotzias has

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  9. With review set to resume, Tsipras looks for post-deal strategy
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of measures. Former Education Minister Nikos Fylis has been one of the most outspoken officials... few days, Tsipras has taken a central role in the inauguration of the 40-year concession deal... by the failure to conclude the review promptly. Tsipras has also already made it clear that he wants to revive

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  10. Tsipras focuses on debt relief goal as review resumes in Athens
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    was that he understands the concerns but that the government has to take this step to get Greece out..., with the vote in Parliament due to be held in the next three weeks. For some months now, Tsipras has... that the government has received from the European Commission its draft Memorandum of Understanding

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