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  1. Greek coalition sets out plans for public sector, wages and pensions
    Photo by MacroPolis

    PoliticsGreek Politics

    While the focus has been on the Greek government’s negotiations with eurozone officials over... on the domestic front. Prime Minister Alexis Tsipras is due to present his government’s policy programme... by the troika. Civil servants A lot has been made of the government’s plans to rehire some 3, 500 civil

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  2. Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership

    EconomyMacroeconomy

    of Greece (BoG). The December rate indicates a new historic low during Greece’s euro membership... in T-Bill yields was also evident in January issues, while the yield in today’s 6-month T-Bill auction... to 1.15 percent in December extending the year’s decline to 61 bps. On the loan front, the most

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  3. Signs that Greece-eurozone deal may be in sight but much work remains
    Photo by EU Council Eurozone https://flic.kr/p/dUgXKJ

    PoliticsGreek Politics

    As the dust settles from Wednesday’s inconclusive Eurogroup, it is difficult to assess... partners but at the same time it left enough issues open to ensure that the outcome of Monday’s... on the document. Sakellaridis says that Greece’s representatives, Finance Minister Yanis Varoufakis and Deputy

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  4. Finance Ministry targets 3 bln from unpaid taxes

    EconomyMacroeconomy

    During a press briefing on Wednesday to set out the government’s initiatives for the settlement... noted that today’s figure of 9 billion is based on actual data, while earlier forecasts were based on SYRIZA’s estimates. The effective unpaid tax debt of 9 billion mainly involves obligations

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  5. Greek industrial turnover plummets by 8.9 pct in Dec as manufacturing suffers

    EconomyMacroeconomy

    rose by 7.5 percent. However, the latter’s impact on the overall turnover is minimal. The breakdown... in the preceding three months, the Markit’s Manufacturing PMI fell by 1.1 points to 48.3 in January... by elections was reportedly a factor behind the sector’s worsening performance”, while the drop

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  6. A pause in uncertainty but for how long?

    Agora

    Is Friday’s agreement at the Eurogroup a good deal for Greece? In some respects it is but in more... and political tightrope over the next four months without knowing what lies at the end of it. But let’s start... concession obtained by Finance Minister Yanis Varoufakis is that Greece’s primary surplus target

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  7. The numbers behind Greece's reform proposals

    EconomyProgramme

    Speaking in Parliament during the presentation of the government’s policy programme, the Alternate Finance... third of the borrower’s income. In addition, a state-controlled intermediate body will be established... it is not directly linked to bank recapitalisation or resolution cost. Humanitarian crisis This government’s

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  8. Greek deposits nosedive by 12.8 bln in Jan as balances reach lowest point since Aug 2005
    Photo by MacroPolis

    EconomyMacroeconomy

    of January’s figures shows the decline in deposits is mainly attributed to time outflows of 10.9... in January. This month’s evolution also reflects general government and non-euroarea residents... extension of Greece’s loan agreement with its Eurozone partners. Banking sources note that the deposit

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  9. Tsipras identifies first bills, domestic approval assured

    PoliticsGreek Politics

    , the bulk of his speech was dedicated to laying out the government’s legislative plans for the coming days.... This had also been one of SYRIZA’s pre-election pledges. Tsipras also made reference to the gold mine... of bills to be tabled by the government will sit well with SYRIZA’s MPs and supporters

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  10. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    Ahead of the publication of February’s budget execution figures next week, Finance Ministry sources... in normally paid on the day of the BoG’s general meeting, which was on February 27 in both years. Our understanding is that this year’s dividend is certainly lower by 177 million, but not at the extent

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