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  1. Newsletter 82 - 15/07/2016

    Newsletters

    encountered in its efforts to secure a supermajority so the new system, which envisages no bonus... away from the two-party system that dominated its politics for decades and that the electoral system has to reflect this diversification. Nevertheless, Tsipras hinted that he is willing to consider

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  2. Political leaders weigh up next moves in August lull
    Photo by MacroPolis

    PoliticsGreek Politics

    could unit. However, the recent vote on the electoral system and the ideas unveiled by Tsipras last... to a system of proportional representation for national elections, while he also seems keen to discuss... to gain at the time. As with the vote on the electoral system, PASOK and Potami could again find

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  3. After Article IV consultations IMF says challenges remain, substantial debt relief is needed
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    are vulnerable due to an unaffordable pension system that requires financing by high tax rates... to the persistently high unemployment. Despite the recent pension system reform, the relevant deficit remains... tax credit system that exempts almost half of wage earners from income taxes compared

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  4. Newsletter 91 - 07/10/2016

    Newsletters

    between state and church, which maintains an influential role in the education system. However... contributors is a recipe for the system’s medium-term implosion. To date, no country... of such excessive taxation. Calls for pushing the reset button to fix Greece’s unbalanced tax system

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  5. Cyprus talks enter crucial stage as Greece makes position clear on guarantees
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    of the guarantees system and a new Accord of Friendship and Security.” The main point of this document... of both Turkey's occupation and of the “system of guarantees.” According to reports, this document... a federation. Athens appears to reject the idea of a revised system of guarantees and the presence

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  6. Government steps in as NBG row takes new twist
    Photo by MacroPolis

    EconomyBanking

    such a development.” Dragasakis also underscored that “the country and the banking system cannot... banking system will further push back the effective management of the huge non-performing exposure (NPE) stock, which is currently the single most important challenge for the Greek banking system.

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  7. The key elements of the draft agreement between Greece and lenders
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    sMoU also notes that the current system of ex-ante approval of mass layoffs by the public authority will be replaced with an administrative notification system to ensure compliance with the legal... stability Another area of significant importance is the one on the financial system and capital

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  8. What the agreement between Greece and lenders means for fiscal and tax policy
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    to the draft sMoU the aim is to streamline the welfare system and better target the needs... of the family benefit system, reforms to disability benefits, streamlining of social insurance... for uncollected VAT related to unpaid good and services and introducing a system of regular monthly payment

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  9. EU court ruling leaves margin for change to collective redundancy law
    Photo by Panayiotis Tzamaros/Fosphotos

    Legal

    . Under its current form, the system does not, by its very nature, exclude companies from making... of establishment. The court concludes that the national system can satisfy the requirements... of this publication may be reproduced or transmitted in any form or by any means, or stored in any retrieval system

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  10. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    in the pension system and a new tax code. Another matter raised by PBO is that of the coverage of Greece’s... could result in public cost rationalisation. The pension system is not sustainable, according... system to the markets and the fortune. Overall, PBO concludes that the achievement of marginal GDP

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