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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammein the latest baseline scenario is seen levelling off at 1 percent in the long-term, which translates... not allow for optimism regarding real long-term growth in excess of 1 percent. Privatisation proceeds
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Newsletter 168 -29/06/2018
is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal..., the corporate lending balance was negative by 169.2 million, recovering from a negative figure of 1
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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeto implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might be realised. Moscovici... and reducing the tax-free threshold in 2020 so that another 1 percent of GDP (roughly 1.8 billion euros
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomylow at 20.1 percent in 2017 versus the 34.9 percent EU average. The report concludes that every 1... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt
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Newsletter 169 -06/07/2018
of not having to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might... by 2020 and a marginal deficit of 0.1 percent of GDP in 2019. Prices will grow on average by 1
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammealso had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos... to reduce pension spending by 1 percent of GDP or whether it will be able to avoid the cuts, a number
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For better or worse: Greece's bailout exit deja vu
Agoraof pensions spending by 1 percent of GDP and collecting more revenues, also worth 1 percent of GDP
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IMF voices concerns over long-term debt, sees more relief being needed
EconomyProgramme-term growth cannot exceed 1 percent, and even those assumptions can only be achieved if Greece..., which brings real growth that exceeds 1 percent. In the IMF’s baseline scenerio, although debt-to-GDP
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeof the compensatory measures that have been agreed with the lenders in return for implementing 1 percent... to be tabled by October 1 so that its review by EU authorities can begin under the terms of the European
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Building permits up by 4.4 pct in May and 5.3 pct in first five months
EconomyMacroeconomyBuilding permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The latest monthly headline figure marks... drop of 1 percent, improving against the drop of 2.4 percent in 2016. The latest confidence indicator
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