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  1. October revenues reverse earlier shortfall, annual primary surplus in sight

    Economy

    , mainly owed to higher revenues more than offsetting a hike in interest payments and Public Investment... line. The consistent bottom-line outperformance - by more than 4 billion euros to October - continues... in unpaid taxes by more than 600 million per month and b) expenditure deferral, particularly regarding

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  2. Last man standing
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    on Sunday than during a John Ford western. Unfortunately, the level of debate was more suited to Blazing Saddles than The Searchers. Why Tsipras should choose to undermine himself in this way can only... governing parties or parties preparing to govern have to. The leftists, a party of less than 5

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  3. No victory, just plenty of misery

    Agora

    commentators that end up resembling cheerleaders rather than sober judges of the events that have unfolded... of 24 billion and a total deficit of more than 36 billion. On top of this derailment of public... mean having to wipe out a 24-billion-euro deficit and balance the budget in one fell swoop rather than

    12%
  4. UnLuCky for some: Another painful lesson from the euro crisis
    Photo by Harry van Versendaal

    Agora

    the damage on the economy and employment than had been thought initially. When this was combined... they did not control. The euro’s problems suddenly became national rather than common. Until... period did not get affected. As such, the attempt to depress the entire economy with the aim

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  5. The alternative of (tax-based) capital controls for Greece
    Photo by MacroPolis

    Agora

    . Capital controls would be less costly for Greece than Grexit. Moreover, capital controls would... leverage in the negotiations than they appear to think. Unless they were willing to put the Grexit option... greater cost for Greece than capital controls, it would be unlikely for Greece to go through

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  6. Greece's imminent funding problems: All the numbers you need
    Photo by MacroPolis

    EconomyProgramme

    the biggest hump it has to get over during the next four months. Greece's funding shortage is stretched.... It is estimated that an amount of more than 800 million euros is held by foreigners that took up about... obligations in the last month of each quarter. Greece has also to pay in March more than 1 billion euros

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  7. Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote

    PoliticsGreek Politics

    SYRIZA but also as a potential pool of support that could give the new party higher ratings than it would be expected to get if it just attracts backing from grassroot SYRIZA supporters, who... rebellion than in previous bailout-related votes last month should be expected. It is likely

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  8. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    security contributions, one of the key funding pillars of the system, which were more than 22... than a quarter and the majority of sector wage agreements that tracked the minimum wage then followed... dropping from more than 13 billion euros in 2009 to an estimated 10 billion in 2016. Contributions

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  9. Coalition hopes to ride out pension and tax dispute with farmers

    PoliticsGreek Politics

    the farmers some hope that if they push hard enough they will be able to get a deal. Tax and pensions... that at the moment around 85 percent of farmers declare incomes of less than 5,000 euros, meaning... the coalition may have a little more leeway timewise than the farmers. The other factor on the government’s

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  10. Four in 10 Greek firms thinking about moving abroad, survey shows

    Economy

    and/or operations outside Greece. According to Endeavor's own projections, this would mean that more than 9,000... higher than the figure of 23 percent in the previous survey published last July in the aftermath... in the technology and health care sectors are the most willing to relocate, while the vast majority (more than 80

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