Search
-
IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgrammeThe International Monetary Fund’s executive board convened on Monday evening to discuss the Article IV consultation on Greece. The fund’s baseline scenario foresees a long-term GDP growth of 1... the government’s recent estimate of close to 2 percent, while a marginal improvement to 1 percent of GDP
12% -
IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeby 4 bps for every 1 percentage point decline or rise in the debt ratio, but in any case... with weaker than expected policies resulting in lower primary surpluses of 1 percent of GDP
12% -
Industrial production rises at slightly faster pace of 2.2 pct in Dec
EconomyMacroeconomysupply production also declined by 1 percent. Only two of the five main industrial groupings posted... IPI rebounded 2.2 percent from the previous month, after contracting by 1 percent in November
12% -
Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016
EconomyMacroeconomyin new houses rebounded by 1 percent, while those of older houses posted a smaller increase of 0.3..., pointed to a drop in housing prices by 5 percent in 2016 and by another 1 percent in 2017.
12% -
Lenders make proposal to Athens but no immediate breakthrough expected
PoliticsGreek Politicsshould pass 1 percent of GDP in new measures (1.8 billion euros) now and another 1 percent should
12% -
Central government debt rises to 326.4 billion on ESM disbursement
EconomyMacroeconomythan 5 years) debt made up 80.3 percent of total, while short-term (up to 1 year) and medium-term (1
12% -
Tsakalotos appears but gives little away about negotiations with creditors
PoliticsGreek Politicsof the package of measures and counter-measures would be zero in fiscal terms. “For example, if 1 billion euros in [new] measures are adopted, another 1 billion euros in positive measures for the economy
12% -
With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgramme-free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros..., the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 pp
12% -
Greece and lenders trap themselves over labour reforms
Agorameasures that the lenders are demanding: A 1 percent of GDP reduction in the tax-free threshold for personal incomes and another 1 percent of GDP cut in pension spending. Also, it might
12% -
Newsletter 111 - 17/03/2017
. The IMF has demanded a reduction in the tax-free threshold, aiming for additional revenues of 1...) in the fourth quarter (Q4) of 2016, after rising 1 percent in Q3, ELSTAT figures revealed. However
12%