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  1. Gov't postpones discussion on parallel programme ahead of tranche approval
    Photo by MacroPolis

    Economy

    interventions such as: 1) Establishment of poor citizens’ bureaus. 2) Health support for uninsured...-tranche of 1 billion, subject to the completion of three milestones including the relevant

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  2. The agenda of the first programme review shapes up with thorny issues
    Photo by MacroPolis

    EconomyProgramme

    Following the disbursement of the second sub-tranche of 1 billion on December 23, the next challenge, the biggest since the signing of the third programme in the summer, involves the completion..., the government has pledged in the third memorandum of understanding (MoU) for cost savings of around 1

    11%

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

    Agora

    an extensive pensions cost saving exercise that has to deliver complete savings of 1 percent of GDP... in Yen maturing in February. The state’s budget foresees a primary surplus of over 1 billion euros

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  4. Gov't submits reform plan that raises contributions and cuts future pensions

    EconomyProgramme

    rates. We present below the key interventions of the government’s 170-page final plan: 1... for the supplementary funds increases by 1 percentage point (pp) to 4 percent for employers and by 0.5 pp

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  5. Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps

    EconomyMacroeconomy

    , the respective rate rose to 5.22 percent (amounts between 250,000 and 1 million euros). It fell to 5 percent for amounts above 1 million euros. The corporate lending rates in Greece stand around 200-300

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  6. Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    and non-alcoholic beverages as well as in housing fell by 1 and 0.9 percent MoM respectively. Greece... and the OECD latest estimates are pointing to an inflation rate between 0.5 and 1 percent in 2016.

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  7. Unpaid social security contributions almost reach 15 bln

    Macroeconomy

    owing less than 15,000 euros each for an aggregate amount close to 1 billion (6.7 percent of total... percent of total). Meanwhile, 995 debtors (0.4 percent of total) owe more than 1 million each for a total

    11%

  8. Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
    Photo by Harry van Versendaal

    EconomyBanking

    in OLP and 1 position in the BoD. It is reminded that COSCO, one of the largest Chinese state-owned... been effective from October 1, 2009, involved the management of OLP’s Piers II and III

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  9. Unpaid social security contributions hit 15.35 bln at end of 2015

    Economy

    1 billion. From the total overdue contributions of 15.35 billion euros at the end of 2015, 11.31... debtors owe more than 1 million euros each for an aggregate amount of 3.47 billion euros

    11%

  10. First days of talks confirm gap between Greece, lenders on pensions

    PoliticsGreek Politics

    for increasing the social security contributions for supplementary pensions by 1.5 percentage points (1 point... million euros to achieve the bailout pledge for pension cost savings of 1 percent of GDP (1.8 billion

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