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Newsletter 486 - 28/11/2025
and 6% in rural areas. Housing in Greece is also the most expensive relative to available income... to -50.6 points, from -47.6 in the previous month, now down by 6 points on a rolling 12-month basis
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyreleased before three months. Private consumption is seen growing by 0.5 to 1 percent (from -2... to around 2 percent in 2014 (from -3 percent before), in line with official estimates, on the back... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgramme60 million in 2015 and 300 million in 2016 from 71 million for 2016 in the previous proposal. 2... (from 600 million previously) 2) Increase in the corporate income tax by 3pp to 29 percent...: New 1) Cut in defence spending by 200 million in 2016 2) Licenses to 4G and 5G for mobile
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Newsletter 44 - 25/09/2015
for a milder recession in 2015 of between 1.5 and 2 percent, compared to the official forecast of 2.3 percent... is the main reason for the surplus increase. 2 Repetition with little clarity Stability will be hard.... Candidates have to submit their applications by 2 October, but the tension will build until the vote
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Newsletter 46 - 09/10/2015
to be implemented by 15 October to unlock the first subtranche of 2 billion euros incorporates a first...-set relates to the: 1) adoption of a roadmap for the investment licensing reform, 2) establishment... up to non-pharmacists, 2) the implementation of at least 35 additional recommendations included
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomyperiod. The government has initially indicated that a part of the last two sub-tranches of 2 and 1... loans by 2.18 billion largely due to the payment of the last sub-tranche of 2 billion. All the other... redemptions of 6.7 billion, increase in repos by 1.4 billion and a net decrease of around 2 billion
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Newsletter 72 - 06/05/2016
so the main package of fiscal interventions can be settled. This will then leave the extra 2 percent... to back another package worth 2 percent of GDP, even if it may never be implemented. The European... to the form of contingency measures worth 2 percent of GDP the IMF is insisting should be detailed
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Tsipras gets full support in pension and income tax vote, moves on to Eurogroup
PoliticsGreek PoliticsGreek Parliament passed the pension and income tax reform bill entailing 2 percent of GDP in fiscal... worsening liquidity conditions over the next weeks – an extra 2 percent of GDP in standby fiscal... the sustainability of Greece’s debt and the pending standby measures worth 2 percent of GDP. The Foreign Ministry
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammevalues for the scores, ESM noted that a score of less than 2 corresponds to high vulnerability, between 2 and 2.5 to elevated, between 2.5 and 3 to moderate and a score above 3 means low vulnerability... with elevated risk since 2005. They turned to high risk since 2009. The Greek score hovered between 2 and 2.2
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Tsipras clears hurdle but isn't over finishing line
Agorareduced from 2.7 percent of GDP to 2 percent) is down to intransigence, indecision, shifting goalposts... pensioners would lose money. The impact of these measures, which amount to 2 percent of GDP in total... of expansionary counter-measures (also worth 2 percent of GDP) to be implemented in 2019 and 2020
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