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  1. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    amount. This means that settled arrears could reach around 3 billion, while the targeted revenues... December called for a primary surplus of 5.6 billion in 2015 corresponding to 3 percent of GDP..., this indirectly means a lower fiscal target compared to the EAP target of 3 percent, the lower fiscal outcome last

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  2. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    ) and more than 5 billion (3 percent of GDP). According to local media, the measures... brackets respectively. 3) Extraordinary levy on the 500 most affluent Greek citizens. 4) Increase... ranging between 1 to 5 euros per day for hotels with three stars or more or a tax rate between 3 to 5

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  3. Proposed VAT overhaul a stepping stone towards agreement with lenders?

    EconomyProgramme

    card, the new VAT rate of 18 percent will be reduced by 3 percentage points (pp) to 15 percent. A low... hotels, a 3 percent tax on food services and 6 percent tax on specific purchases on islands... of 3 pp on VAT for almost all product and services when customers use their cards is mainly

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  4. Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    PoliticsGreek Politics

    . According to reports, this year’s target will be 1 percent of GDP rather than 3 percent, 2 percent in 2016 rather than 4.5 percent, 3 percent in 2017 and 3.5 percent from 2018 onwards. The impact of the two... that the government will have to adopt 3 billion euros worth of fiscal measures, against the 1 billion euros

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  5. Newsletter 30 - 12/06/2015

    Newsletters

    of June. Since the ELA liquidity buffer for Greek banks has remained stable at 3 billion over the past 6... percent for 2016, 3 percent for 2017 and 3.5 percent for 2018 and beyond) and abandoning its demands... are demanding 3 billion euros of fiscal measures this year alone and another substantial overhaul

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  6. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    its forecast to a contraction of 1.5 percent. S&P is more pessimistic as it projected a 3 percent..., 2) Redemptions of Greek government bonds held by the Eurosystem of 14.3 billion 3) Redemption... billion would be incorporated in the calculation. 3) On the flipside, Greece could receive SMP and ANFA

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  7. Greece and lenders appear close to third bailout deal, with few issues outstanding
    Photo by MacroPolis

    EconomyProgramme

    rate applied on tax obligations above 5,000 euros from 3 to 5 percent. For lower amounts... for Greek bank recapitalisation as outlined in the Euro Summit statement of July 13. 3) The repayment... in September. 5) Payment of state arrears to the private sector of around 3 billion euros.

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  8. Draft bill sees millions in savings and revenues from variety of bailout interventions

    EconomyProgramme

    to the amounts paid out in pensions to early retirees before and after they reach 67. The savings are seen at 3... income) is anticipated to result in incremental revenues of 370 million for 2015. 3) The increase... of unpaid obligations to social security funds from 3 to 5 percent, tax increases in the shipping

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  9. Opinion polls indicate fragmentation, close election race

    PoliticsGreek Politics

    in agreement on several key factors: 1) SYRIZA has a narrow lead of 2 to 3 percentage points over New... somewhere between 25 and 28 percent, compared to 36.3 percent in the January vote 3) New Democracy’s... with Democratic Left (DIMAR) but not ex-Prime Minister George Papandreou’s party, is seen clearing the 3

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  10. Latest polls add to uncertainty ahead of Sunday's elections
    Photo by MacroPolis

    PoliticsGreek Politics

    G Dawn 6.5 KKE 5.5 PASOK 5 Potami 5 Centrist Union 4 Popular Unity 3 Ind Grks 2.5 #Greece... KKE, PASOK & Potami 5 Centr Union & Popular Unity 3 Ind Grks 2.5 Und'd 15 #Greece — MacroPolis... 5.5 Potami 5 Popular Unity 3.5 Centrist Union 3.2 Ind Grks 3 #Greece — MacroPolis (@MacroPolis_gr

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