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  1. Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    Greece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from..., Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9 in 2022 and 1.4 in 2023

    26%

  2. After pay rises in armed forces, PM faces calls for broader wage increases
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that members of Greece’s armed forces would see their pay increase by between 13 pct to 20 pct over... sector pay scale mean that civil servants’ wages have increased by 2.1 billion euros, which

    26%

  3. Mitsotakis unveils major defence package against backdrop of forces pay rise dispute
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . The announcement comes after a week of upheaval in New Democracy, as ministers called for pay rises... following the PM’s announcement of pay rises for armed forces personnel. Several prominent politicians

    26%

  4. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    in the compliance report of the first programme review its earlier estimate pointing to a modest GDP contraction... performance, GDP should improve by 0.3 percent in Q3 and by 0.1 percent in Q4 for the full-year estimate... Statistical Authority (ELSTAT) flash estimates showed on Friday. According to previous ELSTAT figures, Q1

    25%

  5. Part-time work, low pay characterise crisis-era job market
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    percent of men). Just 57 percent reported receiving their pay on time and without problems, 33

    24%

  6. On campaign trail, PM promises higher pay as SYRIZA wavers over MEP assault claims

    PoliticsGreek Politics

    four main priorities, including better pay, improved healthcare, policies for the younger

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  7. Newsletter 197 -8/03/2019

    Newsletters

    the Hellenic Statistical Authority (ELSTAT) showed. The first estimate of the overall GDP figure... euros) and fell short of the Ministry of Finance’s (MoF) final budget estimate of 2.1 percent for 2018..., respectively. Eurosystem funding falls by 1.16 bln in Dec Banknotes in circulation rise for fifth

    23%

  8. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    by half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability Programme to 2.8 percent. At the same time, the estimate for this year’s growth is revised down to 2... in December. The growth estimate of 2.8 percent for next year is a substantial revision from

    23%

  9. GDP revision for 2017 points to slight improvement from initial estimates
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s Statistical Authority (ELSTAT) issued on Wednesday the second estimate of the national... of the European System of National and Regional Accounts ESA 2010. The first estimate for 2017 was published... year-on-year, from a first estimate of 1.4 percent growth that was announced in March. Final

    23%

  10. OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    The OECD released on Monday its latest Economic Outlook, in which it significantly revised its growth estimate for Greece for this year to 3.8 pct, from 0.9 pct in the previous forecast last December. At the time, the OECD had pointed out that the recovery could be stronger if the support package

    22%