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Newsletter 75 - 27/05/2016
as a way of partly negating the recessionary impact of the 3 percent in GDP of austerity measures... will be used for the clearance of arrears. 2 Paddling with a wooden spoon Tsipras may have missed his best... just passed a package of legislation that any administration in Europe would have balked at: 3 percent
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Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
PoliticsGreek Politicsthe next elections. Reports on Thursday suggested that the government might lower the 3 percent... the bill, given that they are currently polling around the 3 percent mark. If either, or both... propose the winning party should be awarded an extra seat for each 2 percent of the vote it gains
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomypercent. On the flipside, interest rates for corporate loans above 1 million euros edged up by 2 bps..., the interest rate for loans to sole proprietors slipped 3 bps to 7.32 percent. Overall, the weighted average rate on new loans slightly increased by 3 bps to 4.87 percent in June after a marginal drop
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The key elements of the draft agreement between Greece and lenders
EconomyProgramme) Rationalisation of welfare benefits based on the recommendation of the social welfare review 2) Abolition... of the special tax for sea-farers. 3) Implementation of measures for a reduction in the spending... the use of the attrition rule starting from 1:5 in 2016 to 1:4 in 2017 and 1:3 in 2018.
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Newsletter 99 - 09/12/2016
on 6, KKE on 5.5 and Zoe Konstantopoulou’s Sailing for Freedom on 3. None of the other parties made the 3 percent threshold for Parliament. Last week, a University of Macedonia poll for Skai TV... risen by 60,600. 2 Shaping the post-MoU narrative Greece's post-2018 obligations are already becoming
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Bank of Greece sees potential for recovery, urges calm in negotiations
EconomyMacroeconomyfor a strong economic recovery of 2.5 and 3 percent respectively, while also foresees GDP to grow by 3 percent also in 2019. For 2017, BoG estimates private consumption to increase by 1.3 percent... and achieving a realistic adjustment of fiscal targets (beyond 2018 to 2 percent of GDP), changes
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Another spin of the wheel for Greece
Agorato their social security and the rest of the population had to absorb the burden of another 3 percent of GDP... of more than 3 billion euros. Meanwhile, lenders’ non-performing exposure continued to rise... or further flexibility in the Greek labour market and the upfront legislation of more than 2 percentage
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An unfounded argument leaves Greece in limbo
Agoragovernment legislated almost 3 percent of GDP in tax hikes and pension savings to meet the 2018... is seen with a primary surplus that exceeds 3 percent of GDP, Cyprus is expected to maintain... is expected to be just short of 2 percent of GDP in 2021. Even member states that are often reported
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek Politicsmillion euros on July 3, 2.17 billion on July 17 and 4.03 billion to the European Central Bank on July 20... a 3.5 percent of GDP primary surplus from 2018 to 2022 and then 2 percent from 2023 to 2060 or a 2.2... that, Greece would have to comply with the Stability and Growth Pact, which sets the fiscal limit at a 3
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Coalition turns to growth plan for relief from negativity, poor poll numbers
PoliticsGreek Politicsto exceed 2 percent of GDP this year and to reach around 3 percent or more next year, which is above... partner, Independent Greeks (ANEL) short of the 3 percent threshold for entering Parliament. ANEL
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