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  1. Tax wedge for single, married Greeks well above OECD average

    EconomyMacroeconomy

    children shows Greece has the highest tax wedge at 43.4 percent versus the OECD average of 26.9 percent... percent in 2000 to 40.4 percent. However, the OECD notes that there has been high volatility since 2010

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  2. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    partners after that on February 20. Kathimerini reported on Sunday that the state has utilised so far... other gg bodies has also been utilised by this government and the previous one for repos

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  3. Greek women having children later, young people taking longer to fly the family coop

    Society

    Greek women are having children later, young people are taking more time to depart the parental home and Greece has the lowest rate of children born outside marriage, according to a comprehensive... are on average 19.6 years when they fly the family nest. In terms of marriage, Greece has seen a significant

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  4. Coalition courts controversy with emergency law to tap general gov't cash reserves

    PoliticsGreek Politics

    The government has drawn up legislation that would force general government bodies, including municipalities and hospitals, to place their cash reserves with the Bank of Greece, which could allow.... Parliament The other controversy has to do with the government’s decision to present the law

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  5. Greek banks’ loan quality is deteriorating
    Photo by MacroPolis

    Economy

    for a settlement of non-performing loans (NPLs), which has still not been specified. After a stabilisation... in the outstanding loan amount, which has resulted from the banks’ continued deleveraging. NPLs rose

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  6. Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct

    EconomyMacroeconomy

    and benefits by 3 percent. Since 2009, household disposable income has been eroded by one-third, which... compensation rose 0.9 percent. However, over the last five years, compensation of employees has shark

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  7. Parliament Budget Office sees Greece heading for recession on back of uncertainty

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) has highlighted in its quarterly report the dangers for the Greek economy being cause by the current uncertainty. According to the body, elections, the ongoing... that despite the justified criticism of the eurozone's architecture, Greece is the only country that has

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  8. Lack of time, lenders' demands back Greek gov't into corner
    Photo by MacroPolis

    PoliticsGreek Politics

    made by both parties. One eurozone official told Reuters on Wednesday that the government has to “pay... out of cash and has more than 700 million euros to pay to the International Monetary Fund on May 12

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  9. Proposed VAT overhaul a stepping stone towards agreement with lenders?

    EconomyProgramme

    night, explaining for the first time in public what the new VAT system might look like. Greece has..., the government has indicated that it would like to introduce them in October so as not to affect

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  10. Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds

    Economy

    . The total debt stock has a weighted average residual maturity of 15.67 years, slightly lower than... of outstanding debt has a residual maturity of more than 5 years, fully attributed to FSN loans, while 13

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