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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set of milestones so it can receive the next sub-tranche of 1 billion euros, an EU official told Kathimerini on Thursday. The most difficult issues included in this list relate to the settlement of non
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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomy, and account for more than 10 percent of total. The remaining arrears relate to local governments
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Greek labour market recorded in 2015 second highest net hirings since 2001
EconomyMacroeconomyrelate to full-time contracts, 37.4 percent to part-time and 18.1 percent to shift work.
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ELA funding down by 8.6 bln in Dec for sharpest drop since July
EconomyMacroeconomyto 40 billion at the end of December and relate to the mentioned ESM bonds received as state aid
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Unpaid social security contributions hit 15.35 bln at end of 2015
Economya number of initiatives. The majority of settlements relate to law 4321/2015, which provided
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Newsletter 61 - 05/02/2016
) at the moment. Other areas of disagreement on the pension reform relate to the newly introduced
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General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
EconomyMacroeconomywere zero in 2014. The bulk of the outstanding guarantees relate to ELA guarantees of 45.5 billion
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Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomythat this year’s costs were burdened by additional expenses of 31 million, of which 20 million relate
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Unresolved pensions issues complicate the fiscal front
EconomyProgrammeat the end of December. Of this amount three quarters relate to main SSCs and the remaining
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Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomyrelate to the household lending sector (299 million) followed by negative flow of 201 million
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