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The key numbers behind the latest Greek proposals
EconomyProgrammethe corporate tax rate from 26 to 28 percent with estimated revenues at 260 million in 2016 2) Increase... in 2016. 3) Reduction in the expenditure ceiling for military spending by 100 million in 2015 and 200... revenues estimated at 200 million 2) Increase the corporate tax rate by an additional one percentage point
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Newsletter 35 - 17/07/2015
of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2. Payments to the IMF (8.3 billion); 3. Redemptions of bonds held by the private sector (6.8 billion... the beginning of 2014. 2 Back to business as abnormal A look at what's ahead for Greece's banking sector
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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Economyof confidence and bank stability. IOBE projects a recession of 2 – 2.5 percent this year. A milder GDP... of Greece remaining in the eurozone coupled with the necessary consent. 2) The urgent... to attract incremental new funds. 3) The implementation in a more effective manner of the new programme
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Greece and creditors try to untangle pension complications
EconomyProgrammewill be reduced by 2 and 6 percent respectively. According to the General Accounting Office, the rise in health contributions will result in an annual increase in revenues of 854 million euros. 2) All... 1, 2015. 3) As of January 1, 2016 the state’s guaranteed social security contributions to main
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgrammeestimated revenues would reach 0.5 billion in the 12-month period ending in September 2016 and 2 billion... activities) without any material changes in the current terms of the tenders. 2) Take irreversible... (consortium led by Fraport AG). 3) Conclude around 20 selected pending actions (not specified
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Newsletter 40 - 28/08/2015
and ANEL have enough seats to continue their coalition? Will PASOK pass the 3 percent threshold... for the stress tests (under the baseline scenario) while the final templates are due by 2 September... in final consumption and a fall in imports. 2 Tsipras goes TINA Promises have less currency in the third
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Newsletter 41 - 04/09/2015
on 20 September is small, say less than 2 percentage points, it is difficult to see how one could govern... retail decline was in department store turnover. 2 Elections in flux The only certainty voters have... on minor TV stations, appears to be gathering enough support to pass the 3 percent threshold
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In tight election race, rare TV debate carries element of unknown
PoliticsGreek Politicsis the only one that opinion polls suggest may fall below the 3 percent threshold needed to elect... (roughly 2 percentage points or more) on September 20 to consider the option of teaming up just with PASOK... Union 3.5 Pop Unity 3.5 Ind Grks 2 Undecided 8.5 #Greece — MacroPolis (@MacroPolis_gr) September 8
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Newsletter 42 - 11/09/2015
index nosedived by almost 60 percent, with the HFSF’s bank shareholding currently valued at just 3... with the conservatives, SYRIZA will be searching for a minimum victory over New Democracy of about 2 percentage... lowest reading this year. 2 Looking in from the outside External observers wisely avoid misguided
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomysub-tranches of 2 and 1 billion respectively, the government has indicated it aims to pay arrears.... 2) Considerable drop in repos by 7.1 billion more than offsetting the marked rise by 6.4 billion in July 3) Rise in EFSF/ESM/IMF loans by 12.8 billion stemming from the eurozone aid tranche of 13
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