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  1. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , up from 12.7 percent of GDP in 2008. Income taxes and insurance contributions also increased... that while incomes fell, taxation was bumped up dramatically and the tax-free threshold trimmed... not make it into state coffers due to them being eaten up in bureaucracy and wasted time and resources

    4%

  2. New Democracy proceeds with renewal, puts centrists under pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    promising since being elected with a shake-up of its local representation. Some 155,000 members voted... to a government proposal for the breaking up of the vast Athens “B” and Attica voting districts by suggesting... sown up a deal with Tsipras as “fake news.” He insisted that his party’s primary goal at the next

    4%

  3. Fourth review talks move along but some obstacles yet to be cleared
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    wrap up on Saturday. According to Energy Minister Giorgos Stathakis, there was an agreement... on Saturday to come up with a formula acceptable to all sides. A senior Finance Ministry official told... are the pension cuts lined up for 2019 and the lowering of the tax-free threshold in 2020. The new objective

    4%

  4. Whether an "early" or "clean" exit, it's the same old story for Greece

    Agora

    , this time with a mandate to implement the third MoU rather than to rip up the second, as was the case... to present to voters. He came up with the “early” exit, announcing in September of that year that his... of development that scares the Greek political system into action. If the leaders were able to look up from

    4%

  5. Debt relief talks enter final phase, with June 21 as target for deal
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    for the restructuring measures to be as up-front and automatic as possible, but Germany and several other... abolishing the step-up interest rate margin related to the debt buy-back tranche from the end of 2012... of EFSF interest and amortisation up to 15 years. Fiscal gap If the IMF does decide to join

    4%

  6. Key debt relief talks fail to result in deal, leaving IMF role in doubt

    EconomyProgramme

    to work within the agreed lines. This means vis-à-vis the EFSF loans that the extension can be up... June. The other debt relief measures under consideration include abolishing the step-up interest rate... that will kick in if the Greek economy misses its growth targets. The Fund wants the top-up measures

    4%

  7. Multi-bill and MTFS heading to Parliament for conclusion of fourth review
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    The multi-bill containing the legislation that aims to wrap up the remaining prior actions is due... extension. The Euro Working Group and the Washington Group made up of Greece’s main lenders... Petroleum decides to sell its share, the government may also put up a 14 percent holding so

    4%

  8. After an international agreement comes the domestic politics
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    the two countries progress smoothly and that nationalists on either side do not find a platform to whip up... support, which means that there is no parliamentary majority. Mitsotakis followed this up with a visit... that this is the best way to keep his party united and to pick up the extra votes he needs

    4%

  9. Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018

    EconomyProgramme

    of buying up Shell’s stake in the Attica Gas corporation. The deal represented a necessary step... its stake, the government could then add up to 14 percent of its own stake to bring the total offer... investors (11 percent) and private investors (8 percent). At least 50.1 percent of HELPE is up for sale

    4%

  10. Quasi-statesmanship and political gymnastics

    Agora

    treason,” including from within New Democracy’s ranks, are a shameless attempt to whip up public... of these negotiations (as in the past) that language and nationality were not up for discussion... failed to show he has a parliamentary majority to support it. Yet in the build-up to the agreement

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