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Court ruling on property tax levels could hurt future revenues
EconomyMacroeconomyThe Council of State has reportedly ruled that objective property values, which are used instead of market prices to calculate tax, should be adjusted within the next months. This could deal... billion by the end of February. The MoF has not officially responded to the Council of State ruling so
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Is there (sustainable) growth in Greece?
Agoraeconomy and has yet to reach the centre of Greek society. While foreign tourist arrivals are booming... has not improved on the back of such changing wage and price signals. The fragile and uneven
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Greek public debt at 321.7 bln in Q3, average weighted maturity at 16.5 years
Economyby the end of Q3 2014, the IMF net financing has been reduced accordingly to 25 billion and FSM..., which is the highest historical reading. A total of 78 percent of outstanding debt has a residual
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Brewing rivalry between Venizelos and Papandreou threatens to unsettle fragile PASOK
PoliticsGreek PoliticsAn attempt to rejuvenate PASOK may be over before it has even begun in earnest after a fresh disagreement between party leader Evangelos Venizelos and his predecessor George Papandreou, which could..., PASOK could run into further problems a little further down the line. Venizelos has indicated
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Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
EconomyMacroeconomythan 70 percent of GDP and has declined by more than 24 percent since 2008, mainly reflecting.... In the 2015 budget, the Finance Ministry has revised its previous forecast for an 11.7 percent
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Samaras finger wagging at troika a sign of pressure on Greek government
PoliticsGreek Politicsdemands. We are at the end of 2014 and nobody has the right to treat us like they did two-and-a-half... where he has to adopt new measures just weeks before the presidential vote takes place in Parliament
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Greeks losing faith in dialogue with Turkey, poll indicates
SocietyThe percentage of Greeks who believe that the bilateral issues between Greece and Turkey can be solved through dialogue has declined significantly to reach its lowest level since 2003, according... share common interests (62 percent) has remained stable since last year. At the same time, the fewer
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No green light from troika yet as Greece moves towards bailout extension
EconomyProgrammethat the eurozone has yet to disburse. He suggested that an extraordinary Eurogroup could be held in mid-December... coalition partner PASOK has indicated it will not accept a six-month extension of the existing
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomypercent in 2000 and gradually fell to 29.6 percent in 2009. During the crisis years it has increased... that Greek VRR has been adversely affected by both a rise in the compliance gap as well as changing
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Greek stocks plunge again as bond yields climb to new high amid political turmoil
Economycurrently has a yield of more than 10 percent, whereas the 5-year note that was issued in April, marking Greece's return to international markets, has a yield of 9.57 percent, twice the original coupon
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