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Jobs, hundreds of thousands of jobs
Agorathe troika’s cosh for exactly four years. The most devastating cost has been the loss of 1 million jobs... years will be reduced by over 1 pp for every pp of growth. The problem here though
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Bookies see clear win for SYRIZA in EU elections but not in local vote
PoliticsGreek Politicswith the former’s odds having a 1 pp handicap at 1.36 and the latter’s at 2.80. Sportingbet offers for the first... to 4.30 for the SYRIZA candidate Gavriil Sakelaridis. In the first round, their difference stood at just 1
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBankingpoints QoQ to 109 percent. Eurosystem funding narrowed by 8 billion within Q1 and by a further 1 billion... Core Tier 1 (CET1) stood at 14.4 percent. Taking into account the negative impact from
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyrevision mainly reflects higher forecasts for revenues (by 1 billion), more than offsetting higher... period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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BoG sees encouraging signs for Greek economy but warns on reforms
Economypositive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor... that an increase in real GDP by 1 percent results in a rise of the tax efficiency of VAT by 0.20 – 0.43
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomytax debt of 1 billion by the end of June. The same target of 1 billion has also been set
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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societyin 2008. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent... by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit
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Multi-bill passes but coalition's relationship with armed forces and police sours further
PoliticsForeign Policy-tranche of 1 billion euros, and 47 lawmakers opposed it. The multi-bill contained a raft of reforms... the next 1 billion euros from its lenders. Greece has 5.6 billion euros of bonds maturing this month
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The IMF crisis and how to solve it
Agora-boggling 22% in just 18 months (yes, over 1 percent a month). Greece has endured the largest... and policy decisions. There are numerous other examples of inadequate explanations, including: (1
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyon August 1. The first warning sign that something was not quite right came on August 1, when MoF
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