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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammemeasures of 4-5 percent of GDP (up to 8.8 billion) to meet the medium-term primary surplus target of 3.5... unconstitutional the pension cuts imposed in 2012. This is estimated up to 2 percent of GDP or 3.7 billion... ease the burden on cooperative borrowers and enable banks to unlock tied-up funds. Privatisation Fund
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Tsipras concerns about EU stance on refugee crisis shared by opposition
PoliticsForeign PolicyGreece at the mercy of the countries around it, as long as there is no serious let up in the flow... in terms of border guards. The Greek government is concerned that a ramping up of border controls... building up to levels that would be difficult to deal with. This also applies to countries further
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Gov't offers improved terms to farmers in bid to break deadlock
Economyfor a gradual rise in contributions to 10 percent in 2016 and up to 20 percent in 2019. The pension reform... income, including subsidies. Until now, subsidies up to 12,000 were exempt from tax. 5) The definition... from farming makes up at least 51 percent (from 35 percent currently) of total income will fall
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Diplomatic tension over refugee crisis grows as Greece protests to Austria
PoliticsForeign Policyand migrants picks up due to the favourable weather conditions and NATO patrols in the Aegean not yet functioning properly due to Turkey putting up a number of obstacles. NATO patrols According..., the Greek government has also decided to take up some diplomatic initiatives to approach the Western
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Domestic pressure over refugee crisis building for Tsipras
PoliticsForeign Policythis issue is causing pressure to build up for Tsipras. Athens’s exclusion from the summit Austria... in Athens and Thessaloniki. The hot spots created on the Aegean islands are also starting to fill up..., for holding up the deployment of the NATO reaction force. It may be just a question of time before
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EU meets on refugee crisis, bailout review but Greece's immediate fate seems sealed
PoliticsForeign Policyto keep up. Greece’s main hope for reducing the build-up of people is that there will be perhaps...’s lenders have decided to up their efforts to conclude the first programme review. A meeting last
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Coalition's future in question over minister's gaffe
PoliticsGreek PoliticsMinister Yiannis Mouzalas slipped up in a TV interview and referred to the Former Yugoslav Republic... Mitsotakis have stepped up their criticism of the coalition over the refugee crisis and have repeatedly... is made up of Greeks for whom the Macedonia name issue is a vital matter. Furthermore, the fact that New
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Greece expects review to be completed by May 1 despite IMF objections
EconomyProgrammereduction of up to 400 euros for those with income between 28 and 43,000 euros and a higher tax burden (up... are currently taxed with a rate of 26 percent for income up to 50,000 euros. On the pension front
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Greek bailout talks yet to conclude as start of IMF meetings approaches
EconomyProgrammereplacement rates, which would range between 0.77 percent (from 15 years) up to 2 percent (for 42 years... income between 12 and 20,000 euros up to 50 percent for incomes above 65,000 euros. The key area... exempted for an amount up to 12,000 euros per annum. In addition, the tax rate on income from dividends
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What next for Tsipras the shapeshifter?
Agoraa deal that would add up, and therefore include debt relief, is open to some interpretation. However... an assertion that he could not back up? The truth is that there may be no single or clear answer... but there is an argument to be made that the debt issue does not have to be settled now and that easing up the fiscal
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