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PASOK prepares to change leader but perhaps not its fortune
PoliticsGreek Politicsof it a year later. DIMAR’s political presence gradually faded after that and a failed attempt by Kouvelis to secure a deal to back SYRIZA ahead of the January 25 elections this year resulted in DIMAR garnering
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Improving car sales in Greece continue with 27.9 pct rise in May
EconomyMacroeconomyin each year in the 2010-2012 period. As in 2014, the continued strong growth in the course of this year is mainly attributed to the renewal of rent-a-Car fleets and to a lesser extent to replacement
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Lenders dismiss Greek proposals but SYRIZA also ups pressure on Tsipras
PoliticsGreek Politicsthis year and 1.75 percent next year, which is 0.25 percentage points short of the targets proposed
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economya year to raise pensions to 2012 levels. Given that the government is currently negotiating pension... ruled unconstitutional last year the 2012 cuts to salaries and pensions of those working
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Greece deal hangs in balance as IMF sees major differences
PoliticsGreek Politics) agreed to the institutions' target of a 1 percent of GDP primary surplus for this year. Tsipras did... was due to have been implemented at the start of the year. VAT On the tax front, the IMF spokesman
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Greece and lenders fail to bridge their differences in Brussels
PoliticsGreek Politicscomplained that creditors are not budging from demands for cuts of 1.8 billion euros per year (roughly 1 percent of GDP) to pensions and another 1.8 billion euros per year to be raised from increases
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Tsipras points to debt relief roadmap as deal clincher
PoliticsGreek Politicsin 2022. The lenders’ proposals include the phasing out by the end of next year the EKAS benefit... of 1 percent of GDP for this year and 2 percent in 2016), Tsipras needs to bring back something from
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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomypercent at the end of 2013. The breakdown of the year on year changes shows the highest rise was recorded
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Where the key differences between Greece and the institutions lie
EconomyProgrammeof this year, while Greece objects this measure. Lenders propose an increase in the pensioners’ health care... to the conclusion of the consultation and in any case before the end of this year. Moreover, any proposed changes
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyyear on year (YoY) and 1.1 percent MoM. Similarly, the SA retail volume decreased by 2.2 percent YoY
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