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  1. Greece moves closer to troika over fiscal gap, waits for response
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    EconomyProgramme

    than 30,000 jobs would be lost. Note that SETE has recently upwardly revised its forecasts... as well as abolition of the reduced VAT rate in islands. It is thought the government has not conceded any...) with estimated cost savings of 70 to 80 million euros. On the public sector, the government has proposed

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  2. Samaras, Venizelos opt for earlier presidential vote in high-risk strategy to save coalition
    By MacroPolis

    PoliticsGreek Politics

    The government has decided to move forward by around two months the presidential vote in Parliament... more ground than it has during the last few weeks on fiscal and structural measures. Moving... of surviving the presidential vote but the result still remains in the balance. However, it also has

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  3. Troika document reveals thorny issues, coalition's commitments to conclude review
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    EconomyProgramme

    of GDP in 2014 and 2015 respectively. Greece has proposed a number of measures such as increasing the VAT.... On the privatization front, Greece has committed to finalise the concession agreement for two ports (most likely... Republic Asset Development Fund (HRADF) for sale. That stake has a current market value of 450 million

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  4. PM and SYRIZA deaf to calls for compromise over president so far
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    PoliticsGreek Politics

    office has repeatedly rejected all talk of any kind of deal, favouring instead what they call... and his premiership might even be put in doubt. SYRIZA has been equally reluctant to consider backing.... Tsipras also knows that many in his party will feel he has sold out if he seeks a compromise

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  5. New claim of attempt to bribe MP casts shadow over presidential vote

    PoliticsGreek Politics

    denies that the man in question has any links to them. An earlier probe into claims that businessmen..., there was no reference to a specific party during the secretly recorded discussion. Kammenos said that the footage has been provided to the police and judicial authorities. He has also written to Parliamentary Speaker

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  6. Samaras softens stance on snap elections as decisive presidential vote looms
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    proposal could have is to isolate SYRIZA as being the sole cause of political instability. It has been... of attempts to bribe MPs so they vote for the government’s presidential candidate. Although SYRIZA has... Haikalis that he was offered financial incentives to back Dimas, it has done so in a somewhat guarded

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  7. What is in SYRIZA's 3-pillar programme to overcome the crisis?
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    Economy

    . This has forced SYRIZA to adjust its initial pledge to a complete scrapping of the tax. 2nd pillar... unemployed) will increase based on social criteria. He has not provided further details. Another... wage currently stands at 586 euros, and 511 for employees under 25. This measure has zero fiscal cost

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  8. How SYRIZA says it will fund its economic policies
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    Economy

    congress last Saturday with minor modifications to the previously announced measures. Tsipras has... is at the limit of legality, has not the approval of professional unions and local societies, while the sale... opposition,” he argued. SYRIZA has also strongly opposed the privatisation of the Hellenikon (former

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  9. What is SYRIZA planning to do with Greek banks?

    Economy

    SYRIZA leader Alexis Tsipras has repeatedly outlined the party’s immediate economic policies which... has suggested in its 3-pillar programme the settlement of household and business bad loans... government would change the top management of the 3 banks (Alpha, NBG, and Piraeus) where HFSF has

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  10. Fitch keeps Greek rating at 'B' but downgrades outlook to negative

    Economy

    . The ‘B’ rating by Fitch was initially assigned on May 23, 2014. Greece also has a ‘B’ rating from S&P... of the other two rating agencies. Fitch notes that political uncertainty has increased Greece’s risks... has moderated its stance since 2012 advocating: 1) Greece to remain in the eurozone 2) Commitment

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