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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgrammethrough the following measures: 1) An extraordinary levy either by increasing the current solidarity levy... for Public Revenues. 4) Tender for TV licences with estimated revenues at 350 – 380 million for 2015
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomymarginally by 0.5 percent. On a monthly basis, retail turnover eased 1 percent month on month (MoM), while... and cosmetics (+4 percent). ELSTAT also published the evolution of the seasonally adjusted (SA
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Greece prepared to move on pension, labour reforms but details to be decisive
PoliticsGreek Politicspoints to take away from the statement and the circumstances surrounding it. 1. Fifth review.... 4. Collective bargaining: “In this context, they concurred on the role of a modern and effective
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Another week of losses for Greek stock market amid topsy-turvy ride
Economy. Banks closed on negative grounds for the second straight week with losses at 4 percent this week, while... yield of 1 percent) for the first time in the past four years. The ex-date was set on June 24
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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomy-oriented model include: 1) Continuation of structural reforms to products and services that would... of a social safety net to provide lasting support to those truly in need. 4) Streamlining of the public
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammebillion euros from the new bailout to cover: 1) The redemption of the 3.2-billion-euro Greek... Mechanism (EFSM) on July 20. 4) Payments to the International Monetary Fund of 1.57 billion euros due
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgramme: 1) Gradual elimination of grandfathering to statutory retirement age and early retirement pathways..., enhancement of bank liquidity and management of non-performing loans. 4) Change in the single
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Greek government commits to new fiscal measures for third bailout
EconomyMacroeconomyfor 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform... increasing to 20 percent in 2016 and further to 26 percent in 2017 4) Tax on television advertisements 5
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgrammeprior actions: 1) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH) port...) that have been identified by the Hellenic Republic Asset Development Fund (HRADF). 4) Endorse the asset
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyby 2.83 billion. This is mainly attributed to: 1) SMP and ANFA income of 1.46 billion... 700 million 4) Further extension of submission of corporate income tax (CIT) declarations leading
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