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Newsletter 192 -01/02/2019
into force on Friday, February 1. The increase was more than had been expected and above the level... time in a decade to 650 euros per month, from 586 euros currently, effective from February 1... their earnings improving as of February 1. The new minimum wage of 650 euros gross translates into 546
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General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
EconomyMacroeconomybudget arrears (-29 million). Extrabudgetary fund arrears rose by a slight 1 million euros.... In the other underlying subcategories, T-Bills edged up by 1 million to 15.28 billion (4.3 percent... under 1 billion euros. Bank support guarantees came to 350 million as mentioned, leaving
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Newsletter 197 -8/03/2019
ministers will not be in a position to give the green light for almost 1 billion euros in debt... to revised data, the increase in the first, second and third quarters of 2018 was 0.3 percent, 1... contraction of 1 percent in 2017. Compared to the previous quarter, apartment prices rose by 0.7 percent
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Newsletter 201 -21/04/2019
Eurogroup nod allows next move Govt aims to pay off some IMF loans early after receiving 1 bln from... measures, worth almost 1 billion euros, after the European Commission deemed that Athens had completed... commitments for end-2018,” and unlocking close to 1 billion euros in funds. exclude any strategic
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Newsletter 203 -15/04/2019
to lead to 1 percent of GDP in savings but were also designed to create greater fairness among pensioners, the reduction to the tax-free threshold is also aimed at generating an extra 1 percent of GDP... is designed to raise extra revenue equivalent to 1 percent of GDP (roughly 1.8 billion euros). Reports
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EU elections in Greece: Applying a different scale of values
Agora. He said he would instead implement a 1:1 hiring ratio. Three months later, at New Democracy’s party... impact at around 1 billion euros, while the institutions reportedly think it is closer to 1.5 billion
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politics,” he said. “Mr Mitsotakis insists on talking about the need to adopt a 1:5 hiring rule, while we have managed to secure a 1:1 ratio,” he said. Tsipras concluded with a warning that Greece has
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Newsletter 209 -07/06/2019
have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being... and not creating an extra 1 percent in fiscal space for growth-enhancing reforms of the tax system... a fiscal cost of more than 1 percent of GDP in 2019 and beyond. These range from tax repayments
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsthe first hirings (1,500 people) would be made in the police force, adding that the 1:5 ratio may... that it would reach the 1:1 ratio the government has been implementing since the start of the year. Justice
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomythe 1 million mark for a fourth consecutive quarter. However, Q1’s unemployment figure was the highest... age group where unemployment fell by 2.8 pps to stand at 28.3. An increase of 1 pps was seen in those... unemployed (over 1 year) declined for a seventh consecutive quarter to 589,000. Out of the total, long
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