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  1. Greece and the euro: The flight of Icarus

    Agora

    dollars) a month, where civil servants make up less than 20 percent of the workforce and where public... stagnant by comparison. When Greece entered the euro, it exported 1 euro for every 3 it imported. By 2009.... The economy has shrunk by more than 20 percent since its peak in 2008 and is expected to contract by another

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  2. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
    Photo by MacroPolis

    Economy

    amount will be paid in 84 monthly instalments, which could not exceed 20 percent of the taxpayers’ income. SYRIZA expects that more than 20 billion of unpaid taxes will be incorporated in the settlement... will derive from the National Strategic Reference Framework (NSRF) for 2007-2013 (1 billion), the NSRF

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  3. To Potami intensifies efforts to mop up disgruntled Greek voters
    Photo from http://topotami.gr/

    PoliticsGreek Politics

    3.2, DIMAR 1. #Greece #politics — MacroPolis (@MacroPolis_gr) September 20, 2014 Rass poll for Paron..., Potami 4.3, Ind Grks 3.1, DIMAR 1.7, LAOS 1.1 #Greece — MacroPolis (@MacroPolis_gr) September 20, 2014

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  4. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    measures include: 1) Increase in the VAT rate for hotels to 13 percent from 6.5 percent... with between 15 and 20 years worth of social security credits, allowances will be linked to their contributions. b) The minimum amount of insured years for early retirement increase from 15 to 20 c

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  5. What next Greece?
    Photo by MacroPolis

    Agora

    It is easier to write down big questions on Greece’s future; harder to answer them: (1) Will Syriza... flee. Eurosystem funding for Greek banks increased by €11bn (20%) in December. Unless.... For what it is worth, my own view is that the exit probability is just under 20%. *Gabriel Sterne

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  6. A closer look at planned laws for unpaid taxes and home foreclosures

    EconomyMacroeconomy

    of the minimum monthly instalment to 20 (from 50) euros Our understanding is that the government us... billion (97 percent of the total). The upper bracket, including those who owe more than 1 million each... for those with annual income up to 50,000 euros, mortgage service would reach 20 percent of income

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  7. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    from around 1 billion in January. According to capital.gr, the increase in the revenue gap by up... 20 Eurogroup decision, which means that Greek banks have an ELA liquidity buffer of 3 billion... 1.23 billion are due on March 13, 16 and 20. In addition, Greece has to pay 1.08 billion mainly

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  8. Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate

    EconomyMacroeconomy

    tax arrears correspond to more than 20 percent of the annual target of 1.7 billion. At the same..., Parliament passed on March 20 a new law on the settlement of tax arrears. The initial fast-track... Varoufakis on April 1, the government anticipated that the additional revenues expected from

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

    EconomyProgramme

    billion euros from the new bailout to cover: 1) The redemption of the 3.2-billion-euro Greek government bonds held by the ECB that mature on August 20. 2) An initial amount of 10 billion euros... Mechanism (EFSM) on July 20. 4) Payments to the International Monetary Fund of 1.57 billion euros due

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  10. Amid talk of post-election alliances, parties propose changes to bailout measures

    PoliticsGreek Politics

    to these overtures. Meimarakis repeated his willingness to discuss a post-September 20 alliance..., PASOK leader Fofi Gennimata set out the five following demands: 1) No freeing up of mass... September 20, the points listed by Gennimata highlight that whatever difficulties there may

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