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  1. Eurogroup suggests there is scope for pension cuts to be called off

    EconomyProgramme

    social safety net, which it believes is too reliant on retirement pay. “We all know that the fiscal... not be needed if this target can be achieved without reducing spending on retirement pay. European

    4%

  2. Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the so-called “positive measures” promised by Tsipras. The backpay relates to various pay cuts made in the period up to the end of 2016, and will not affect salaries going forward, as a new pay scale

    4%

  3. BoG highlights areas of concern in underlying NPE data
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    that are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction of credit risk. Unlikely to pay exposures stood at 27.8 billion euros, which is 31 percent of NPEs

    4%

  4. Parties vie for voters' attention as New Democracy prepares for congress
    Photo by MacroPolis

    PoliticsGreek Politics

    . At the same time, the coalition is highlighting that some pensioners will see their retirement pay... being awarded pay that was deemed to have been illegally cut in 2012. An amendment submitted

    4%

  5. Athens waits for green light from Eurogroup so it can settle IMF loans early

    EconomyProgramme

    the European Stability Mechanism (ESM) to pay off some or all of its loans to the International Monetary Fund... the money it owes to the IMF. The government has made no secret of its desire to pay off early some

    4%

  6. Name protests, scandal allegations inflame SYRIZA-ND rivalry
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the investigation into around 120 million euros that Hellenic Fertilisers (ELFE) failed to pay... with North Macedonia but it is not certain that New Democracy’s efforts to capitalise on this will pay

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  7. PM hopes North Macedonia visit, debt relief decision will provide lift
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsGreek Politics

    of the programme. The disbursement would also allow the government to move ahead with its plan to pay off... for Hellenic Fertilisers (ELFE), a company which failed to pay tens of millions of euros in gas bills

    4%

  8. Athens gearing up for new bond issue amid favourable market conditions
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Greek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some... are at 1.5 percent,” he said. “When you pay off the loans prematurely, you help restructure your debt so

    4%

  9. Greece tax wedge rises two places to 13th highest among OECD countries, report finds

    EconomyFeatures

    to an average single Greek worker having a take-home pay after taxes and benefits of 73.9 percent versus... percent for this category. This translates to an average gross take-home pay after tax and family

    4%

  10. SYRIZA tries to build on "positive" measures but polls yet to register bounce

    PoliticsGreek Politics

    of the measures and that extra revenues are expected from the schemes allowing debtors to pay off... full-month’s pay, is a pre-election gimmick. In a speech in Larissa, central Greece, on Wednesday

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