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BoG cautions on impact of tax rises, updates on rising NPEs
EconomyMacroeconomysustainability assuming an extension of loan maturities by 20 years and smoothing of capitalised deferred
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Newsletter 78 - 17/06/2016
measures, including an extension of loan maturities by 20 years and the smoothing of capitalised
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ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBankingbuy up to 4.2 billion euros of GGBs, after the July 20 redemption of ECB-held Greek bonds worth
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Pending pensions mount up, complicating fiscal effort
Economyby 3.4 percent to 3.34 billion in 2015, while state subsidy was slashed by almost 20 percent to 525.5
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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomyof 1.45 billion) 3) Consumption and non-allocated expenditure (at 308 million, at less than 20 percent
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Piraeus port sale setback troubles Tsipras ahead of China visit
PoliticsForeign PolicyRepublic Asset Development Fund (HRADF) on January 20. The total value of the agreement would reach 1.5
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Adult skills in Greece lacking, indicates OECD survey
SocietyThe share of adults in Greece who score at the highest levels of proficiency in literacy, numeracy and problem solving is considerably smaller than the OECD average, an adult skills audit by the Paris-based organisation has found. Only about one in 20 adults in Greece attain the highest levels
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Study weighs up extent of Greek emigration during crisis
Societyinvolved much younger people (seven out of ten were aged 20–34). Half were skilled workers, while four
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Coalition tweaks draft electoral law in hope of clinching supermajority
PoliticsGreek Politicsthe vote takes place later this month. The ballot is expected on July 20 after a two-day debate.
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IMF sets out key priorities for Greece, including labour market flexibility
Economy, Greece’s share of senior workers was the 16th highest among 20 European countries. The report also
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