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Greece fell two places to 60th in Doing Business ranking, World Bank says
EconomyGreece’s position in ‘Ease of doing business’ ranking deteriorated by 2 spots, World Bank 2016... slipped 1 place to 132nd. In registering property it remained unchanged in 144th spot. Getting Credit... in Paying Taxes (66th) and by 2 spots in Resolving Insolvency (54th). In the ten topics measured
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyto the social security funds posted a decline of 2 percent to 3.58 billion in the 4-month period. Both items are proportionally in line with the annual target, while the recorded underspend mainly stems from: 1... of 1.63 billion) 2) Social protection (at 235 million corresponding to 16.2 percent of the annual
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeto 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18.... The Commission’s baseline scenario (A) assumes: 1) GDP to contract 0.3 percent in 2016 and then rebound... decreasing 5 years after the end of the programme leading to an overall average primary surplus of 2
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Newsletter 84 - 29/07/2016
in the first six months. On the same day, the BoG said that credit contraction remained stable at 2 percent... that beat the target by more than 1 billion. It is worth noting that tax revenues surged 38.8 percent.... 2 Time to think outside the box Greece needs a robust media watchdog and ethics code
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Newsletter 102 - 13/01/2017
of Greece (BoG) figures showed non-performing exposures (NPEs) edged down by almost 1 percent to 106... to 40.1 billion. 2 Unemployment rate eases Slight drop attributed to a decline in the number of jobless... in December were in alcoholic beverages and tobacco (+2 percent), housing (+1.8 percent) and hotels, cafes
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Another Eurogroup for Greece where all options fell short
Agorathe Parliament's vote for a package of further austerity measures worth around 2 percent of GDP in pensions cuts... the next decades Greece will need to live with a primary surplus of 2 percent of GDP, which will keep it in line with the EU fiscal framework. If in broad terms that framework implies a total deficit of 3
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Eurogroup doesn't end in tie for Tsipras
Agorathat since Schaeuble needed the IMF on board to live up to his pledge to German MPs, the adoption of 2... includes 1.6 billion euros that will be set aside for clearance of arrears. The total arrears currently... to or above but close to” 2 percent of GDP. Again, this is nothing to shout from the rooftops about
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Newsletter 147 -19/01/2018
Parliament last year following the conclusion of the second review. Each measure is worth 1 percent... not like to consider going to the polls in a year that they have to implement new fiscal measures worth 2... percent. 2 Budget primary surplus at 1.97 bln in 2017 Strong underspend drives headline figure
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Eurogroup marks end of cycle and squaring of circle for Greece
Agoraprivatisations (expected at 2 billion in 2018 and over 1 billion in 2019) set the current cash buffer plan at 18... a debt buy-back in the end of 2012. A margin of 2 percent was foreseen from 2017 onwards. This margin... 2019 and 2024, with loan repayments amounting to almost 10 billion euros. Overall, out of the total
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Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
EconomyOnly two days after announcing economic measures of up to 2 billion euros to support businesses... Reference Framework (ESPA), taking the total available to 9.8 billion euros. Finance Minister Christos... of the coronavirus on the economy. This will have a fiscal cost of about 2 billion euros, Staikouras
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