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  1. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    linked to primary residences. These are combined with the drawing up of a Medium Term Fiscal..., turning into a cumulative deficit of 1.3 billion euros up to March. (Cash balance state budget and Primary

    3%
  2. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
    Photo by MacroPolis

    EconomyProgramme

    and granting of pensions. 2) The final pension amount will be made up by the national and the main... proposing that these rates should range between 55 percent for high-salary up to 65 percent for low

    3%
  3. Mitsotakis win gives New Democracy chance for renewal but creates fresh risks
    Photo via @kmitsotakis

    PoliticsGreek Politics

    shake things up within New Democracy as Meimarakis had been unofficially supported by former party... on overhauling his party and living up to his pledge for renewal and greater meritocracy

    3%
  4. Holding out for a (reformist) hero
    Photo via http://metonkyriako.gr/

    Agora

    had dreaded. However, his decision to sign up to a third bailout and his political durability despite.... Also, the WSJ’s assessment does not seem to tally up with the International Monetary Fund’s assessment

    3%
  5. Unpaid social security contributions almost reach 15 bln

    Macroeconomy

    amount of 3.38 billion making up 23 percent of the total debt. The largest debt bracket includes... allowed up to 100 installments. KEAO figures show that 83.6 percent of those debtors chose

    3%
  6. 2015 primary surplus exceeds target as revenues outperform and expenditure is reined in

    Economy

    Greece’s budget primary balance reached 2.27 billion in 2015 up by 21.1 percent from the 2014 figure of 1.87 billion, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday afternoon.... According to an earlier MoF announcement road taxes reached 1.07 billion, up by 8.3 million from last

    3%
  7. Pension reform brings painful overhaul in social security contributions for self-employed

    Economy

    1993 (“old insured”). The latter’s annual contributions range between 3,200 euros for lawyers and up... percent (for annual income up to 50,000 euros), 100 percent advance tax payment, which brings

    3%
  8. Where things stand on the Greek pension reform proposals
    Photo by MacroPolis

    EconomyProgramme

    for the self-employed. Also, the International Monetary Fund sees a fiscal gap up to 2 percent of GDP (3.7... Democracy leader Kyriakos Mitsotakis said its party will draw up its own plan for overhauling the pension

    3%
  9. A year on, Tsipras's SYRIZA in need of morale boost
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    repayments in the future, “in 10 or 15 years’ time.” This leaves Tsipras having to pick his party up... in a position to start living up to its pledges regarding transparency and social justice, especially

    3%
  10. Sobering reality overshadows SYRIZA's one-year anniversary

    PoliticsGreek Politics

    down the highways. They have threatened to step up their action this week if Tsipras does not satisfy... are the same as what the lenders and the IMF believe in,” said Tsipras, summing up the main line

    3%