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  1. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
    Photo by MacroPolis

    EconomyProgramme

    The Greek government appears to have finalised its proposals on pension reform and is set to submit... divergences between the Greek authorities and the institutions on the new replacement rates. He did... Organisation (ILO) to provide technical support on the Greek proposals. The government is reportedly

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  2. Gov't mounts defence of pension plan but lenders' approval may take time

    PoliticsGreek Politics

    of studying as they were reportedly only sent to the institutions in Greek at the beginning of the week... on Thursday, though, when the four associations representing Greek employers met with Prime Minister Alexis..., saying that the first review of the third Greek bailout is likely to take months rather than weeks.

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  3. Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate eased by 5 another basis points (bps) to just above... systemic Greek banks controlling more than 95 percent of the market. Overall, the weighted average rate... of the Greek banking market down by 12 bps to 4.34 percent in November after reaching a year-high of 4.46

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  4. Mitsotakis win sends ripples through other opposition parties

    PoliticsGreek Politics

    in a reconquering of the middle ground of Greek politics. Of course, if the new conservative party chief runs... as a free market devotee who is not in touch with the average Greek. However, this does not seem... divide in Greek politics. However, it is part of the group of Social Democrats in the European

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  5. Receipts from taxes and social contributions rise to 39 pct in 2014, near EU average

    Economy

    . In absolute terms, Greek receipts improved for the first time since 2008, albeit by just 0.2... social security contributions account for 34.5 percent of Greek receipts, above the EU average of 33.5 percent but below the eurozone average of 37.5 percent. As a percentage of GDP, Greek taxes

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  6. Negative deposit flow of 1.12 bln in Jan

    EconomyMacroeconomy

    After a short-lived positive flow of 2.65 billion euros in December, the Greek banking system... point to inflows of 1.47 billion in Greek banks, mostly due to the December positive flow. Since..., the ECB has lowered the ELA ceiling for Greek banks by a cumulative amount of 19.6 billion euros

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  7. Eurosystem funding down by 1.4 bln in Jan due to lower reliance on ECB funding

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the seventh successive month, albeit at a slower pace... billion euros in January. Since July, Greek banks have reduced their ELA funding reliance by 17.93 billion..., Greek banks’ collaterals pledged with the BoG dropped by 4.85 billion to 144.25 billion euros

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  8. Time deposit rate almost flat in Jan, average loan rate falls 12 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate remained broadly stable for the second straight month.... Following the evolution in January, the Greek corporate lending rates stand 150-250 bps above... the average spread of the Greek banking market down by 11 bps to 4.42 percent in January, yet only

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  9. New nationalist party in the making

    PoliticsGreek Politics

    mostly on the periphery of Greek politics since quitting the three-party coalition early in 2012.... However, their breakthrough and the rise of Golden Dawn suggests that there are Greek voters willing... and the changing nature of the challenge that the Greek political system and society is dealing with could

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  10. This is how things stand as bailout talks head for a brief pause

    EconomyProgramme

    The Greek government and the institutions seem to have reached a consensus on a fiscal gap..., while a number of other revenue measures are being considered by the Greek government including.... The mission chiefs are expected to return to Athens on April 2 and resume discussions on ground with Greek

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