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  1. Lenders provide words of support and warning regarding debt talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    clear on the measures today would help frontload many of the beneficial effects, in particular... to the fact that “clarity” regarding the debt measures is a “necessary condition” for the central bank... an informed assessment if we have a clear view of the nature and extent of the envisaged debt measures,” he

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  2. EC sees strong recovery in 2021, solid growth in coming years underpinned by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    vaccination rates and the total number of severe cases that allowed the lifting of containment measures... was forced to introduce last week a new set of measures mostly restricting the mobility... in 2021, although most measures will get phased out by the end of this year, leaving just 1.5 pct

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  3. The numbers behind Greece's reform proposals

    EconomyProgramme

    of interventions and the consequent fiscal impact for this year. However, some measures and reforms... measures for the settlement of overdue tax and social security contributions (SSC) aiming to collect... services and basic energy provision by means of highly targeted non-pecuniary measures such as food

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  4. Tsipras sets target of trouble-free bailout review so debt relief talks can begin
    SYRIZA

    PoliticsGreek Politics

    government’s aim to adopt the measures in the bailout and lead Greece out of the crisis by 2019, when...” that would include alternative measures to the ones agreed with the quartet of lenders in the summer. Tsipras made reference to the need for some measures, such as the sale of electricity transmission

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  5. Parliament's budget office sees risks and rewards in third bailout
    Photo by MacroPolis

    EconomyMacroeconomy

    uncertainty returned and reforms have stalled, the report notes. Although the fiscal measures included... but includes several “horizontal” measures, such as the increase the VAT rates, which intensify the recessionary pressure. Overall, the report concludes that the tax measures have been decided

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  6. EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus

    EconomyProgramme

    the eurozone institutions and the International Monetary Fund on the key policy measures and actions... and pensioners will pay tax. 3) A series of parametric measures generating savings of 1.2 percent of GDP... percent of GDP) and cuts in defence spending (0.2 percent). On the parametric measures, there seems

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  7. Greek 2015 primary surplus at 0.7 of GDP under programme method as Athens looks for boost

    EconomyMacroeconomy

    in contingency measures right now. The stand-by measures are seen as a way of bridging the gap between Greece’s European lenders, who are content that the package of 5.4 billion euros in fiscal measures... measures need to be passed through Parliament straight away to ensure they will apply automatically

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  8. Coalition MPs and multi-bill clear first hurdle as tension builds
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    as tension builds ahead of Thursday’s ballot. Following a two-day discussion of the measures... to speak at the committee sessions. Many reportedly called for the government to scrap the measures..., government officials have indicated that Athens would take steps to cancel the measures it is due

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  9. Budget primary balance confirmed at deficit of 6.10 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    the monthly target. MoF noted that this decrease was mainly due to the adoption of tax relief measures... to the impact of measures taken to eliminate the negative effects of the coronavirus pandemic. State..., 2020, which contains the measures taken to address the effects of the health crisis, tax revenues show

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  10. IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    notes that Greece's modest recovery was interrupted by the measures required to contain the pandemic... significantly since March despite the various support measures. The IMF expects the Greek economy... to implement further measures to support the economy that might require additional support from

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