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  1. Newsletter 122 - 09/06/2017

    Newsletters

    was reduced by 900 million quarter on quarter (QoQ) to 103.9 billion, 1.3 billion lower than target... days (28 billion) and those unlikely to pay (30 billion). Furthermore, more than 14 percent of 2016..., lower than its previous forecast of 1.3 percent made in late November. However, a stronger growth

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  2. EC forecast acknowledges pressure on Greek households, revises down growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent compared to the previous quarter, leading to a considerably lower carryover effect... is less than half the previous 1.2 percent growth forecast and next year’s is also lower from the 1.2... “as it was partly achieved through lower-than-expected spending and a number of temporary factors, including

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  3. EC warns budget not on track due to handouts, advises against further underspend
    Photo by MacroPolis

    EconomyProgramme

    of voter-friendly measures that included a bonus pension and lower VAT rates for a number of processed... underspend in 2018, 1.12 billion came from lower investment spending and another 1.16 billion from... would partially offset the lower revenues from the VAT reduction. European technocrats believe

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  4. Newsletter 222 -04/10/2019

    Newsletters

    minimal and was lower in comparison to last week’s protest. Perhaps sensing that the second strike had... statement by claiming that “the many will pay the price” of the government’s labour policies..., whether they worked with them or not. The lower star category hotels were the most dependent

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  5. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    percent, and the lower social security contributions of full-time employees by approximately one percentage point will reduce revenues by 404 million. For enterprises, the lower tax rate on profits by 4... will be marginally lower at 257.21 billion, from 258.64 billion this year. Fiscal Council Ahead

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  6. Labour market developments in Greece during Covid-19
    Photo by MacroPolis

    Agora

    ). Most tellingly, unemployment affects people psychologically. In short, there is good reason to pay... to bringing unemployment down. Participation. One cause of lower unemployment, besides new GDP... learn from these observations? For now, we have two sources of lower unemployment

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  7. Newsletter 334 - 08/04/2022

    Newsletters

    they are having difficulty paying energy bills, while 7 pct say they cannot pay them at all. Just 29.2 pct... is seen rising by 5.2 pct this year. In the adverse scenario, growth is lower by one more... and raw materials were pricier. Now energy costs are a major contributor to lower profitability

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  8. Bank tax proposal spearheads PASOK attack on government's economic policy
    Photo by Giannis Papanikos/Fosphotos

    Economy

    legislation that would lower the VAT on essential goods. This was in response to the cost-of-living... of the desired outcome. Labour data shows that wages in Greece have only improved at the lower end due... largely on making a show of putting pressure on lenders to extend more loans and lower their fees

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  9. SYRIZA gives up on "odious debt" write-off but not major debt relief
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    surplus target and to allow it to pay off its debt, despite lower servicing costs. This means that while... Greek debt unsustainable because from now until 2020 we have to pay an average of 9 billion euros

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  10. In survival bid, coalition seeks to ease taxpayer burden, secure early bailout exit
    Photo by MacroPolis

    PoliticsGreek Politics

    submitted to the House extends the number of monthly instalments in which taxpayers can pay off their unpaid taxes and social security contributions (SSCs). Those owing up to 15,000 euros can pay... for the food service sector in the lower bracket of 13 percent and introduces a 30 percent reduction

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