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  1. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    payments in Greece reached the EU average level, annual VAT revenue would rise by 21 percent, or 3.3

    13%
  2. Greek debt management agency sees Eurogroup debt deal favourably
    Photo by MacroPolis

    EconomyProgramme

    Greece’s debt management agency, PDMA, issued a report on Wednesday in which it assesses the agreement reached on the June 21 Eurogroup concerning debt relief for the country. The PDMA notes that Greece’s debt now has a comprehensive package of debt relief measures that were nationally formulated

    13%
  3. General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    guarantees. Bank support fell by 30 million, while gg entities came to around 5.10 billion, declining by 21

    13%
  4. Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the July 21 Eurogroup agreement and the European Stability Mechanism’s (ESM) executive board has not yet

    13%
  5. Commission sets out parameters for post-programme enhanced surveillance
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    ) agreed at the June 21 Eurogroup will be implemented. “These profits will be transferred to Greece

    13%
  6. Unemployment rate edges up to 20.2 pct in April as number of employed dips
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    when the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five

    13%
  7. Budget primary surplus at 617 mln in June as expenditure continues to fall below target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    execution bulletin due on June 24. Tax refunds rose by 21 percent to 2.23 billion, higher than

    13%
  8. SYRIZA seeks best path to next general elections
    SYRIZA

    PoliticsGreek Politics

    on August 21 at the Pnyx, near the Acropolis, in the presence of foreign dignitaries to mark the end

    13%
  9. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    by around 42.8 percent since 2010, while Greeks have seen their annual take‐home pay decline by 21

    13%
  10. S&P revises outlook to positive, sees encouraging signs after debt deal
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Having updated Greece’s credit rating ahead of schedule at the end of last month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept the country’s rating unchanged to ‘B+’ during its regular update cycle on Friday. The outlook was revised upwards

    13%