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  1. E-auctions get underway as draft SLA is prepared
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    for incomes. This means it would be implemented from January 1, 2019 along with the next round of pension cuts. Each measure is seen delivering 1 percent of GDP in savings/revenues. Greece and the institutions

    11%

  2. Mitsotakis rules out roles for relatives, Tsipras mulls way out of pension cuts
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    increases it granted to civil servants. Nevertheless, the 1 percent of GDP in pension cuts loom large for Tsipras and his government. Their implementation from January 1, 2019 also feeds

    11%

  3. Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
    Photo by MacroPolis

    EconomyProgramme

    of 1 percent of GDP in 2019-2022 and a personal income tax reform to be implemented in 2020 and delivering net savings of 1 percent of GDP in 2020, 2021 and 2022 The pensions and income tax reforms

    11%

  4. Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    within the EU increased by 1 percent to 1.01 billion. Receipts from Russia increased at the strongest... to 26 million in 2017. Furthermore, travel receipts are foreseen to increase by at least 1 billion

    11%

  5. New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of overdue obligations, including legacy and new tax debt, rose by around 1 billion euros 99.75... forced collection measures increased by nearly 23,000 individuals month-on-month to over 1 million.

    11%

  6. Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    not fallen below the 1 million mark since Q3 2011. The largest increase in employment in Q3... straight quarter and edged up to 20.5 percent in Q3. The number of long-term unemployed (over 1 year

    11%

  7. Athens facing final steps in third review as next milestones identified
    Photo by Panayiotis Tzamaros

    EconomyProgramme

    , with another 1 billion to follow subject to e-auctions and the reduction of arrears progressing. During his... the introduction of e-auctions for debts to the state from May 1, the divestment of lignite units followed

    11%

  8. Hydrocarbons add to tension between Turkey, Greece and Cyprus
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    confirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas

    11%

  9. CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    was positive by 1 percent. The core index edged down by 0.4 percent following a 0.2 percent decline... sales period, -1.4 percent in household equipment and -1 percent in transport. Price rises were

    11%

  10. Central government debt grows to 328.70 billion in Q4
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    made up 79.9 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt

    11%