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Greece receives list of milestones for next bailout sub-tranche
EconomyProgrammelegislation for the household insolvency. 6) Settlement of non-performing loans (NPLs) including the legal
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BoG report highlights need for programme implementation, political consensus
Economyby modernising the tax administration that would help curbing tax evasion and corruption 6) Enhancing
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Greek teachers low paid, but work shorter hours in smaller classes
Society. At the secondary level, teachers are required to teach 21 class sessions per week. After 6 years, this drops to 19
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Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomypayments rose by 6 percent to 5.8 billion, while Public Investment Budget showed a surplus of 212
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economychildren (at 69.4 percent of the FY target of 650 million) 6) Grant to the Intergenerational Solidarity
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Deposit flow remains negative for the second straight month with outflows of 390 mln in November
EconomyMacroeconomy’ Eurosystem funding dropped by almost 6 billion to 113.41 billion in November. Overall, Central Bank
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agorainterest bill is below 6 billion. In total, Greece needs 13.2 billion euros to meet all its debt
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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammeand at 46.7 percent for 40 working years. 6) The overall main pension replacement rate also takes
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Gov't hits back as pension reform row heats up
EconomyProgrammestresses that current pensions will not be reduced even after the end of the bailout programme in 2018. 6
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgramme(150 million). 6) Increase in the tax rates on income from rents (142 million). Specifically
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