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  1. Greece's troika talks begin with apparent deal on 2015 surplus
    Photo by MacroPolis

    EconomyProgramme

    agreed on a primary surplus of 3 percent of GDP for 2015 without additional measures. This is higher...) target of 2.5 percent. But it is in line with the Economic Adjustment Program (EAP) target of 3..., however it will detail how the 3 percent surplus will be achieved in 2015. The ultimate target of 3

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  2. Tsipras still hopes he can avoid being part of coalition government
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    and the Movement of Democratic Socialists fail to pass the 3 percent threshold, even more so if Papandreou’s... by Macedonia University for Skai TV on Monday gave PASOK just 3 percent, right on the threshold. Macedonia Uni for Skai TV SYRIZA 31.5% ND 27 Potami 6.5 G Dawn 6 KKE 6 PASOK 3 Ind Grks 3 Papandreou 2

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  3. Newsletter 11 - 16/01/2015

    Newsletters

    accordingly the debt stock but losing the cushion of EU money available for Greece. 3. Having to tap markets... Ministry preliminary budget data for 2014, the primary surplus reached 1.93 billion euros, 3 billion short... to 1.93 billion euros at the end of 2014, leaving it some 3 billion short of the target. For the full

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  4. Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln

    EconomyMacroeconomy

    displayed the highest primary surplus at 2.42 billion euros in 2014, albeit lower than the 3 billion..., a 5-year note of 3 billion in April and a 3-year note of 1.5 billion in July, 2) Redemptions of 16.5 billion 3) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. Short term

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  5. Minor changes in Greek time deposit rates, higher movements in corporate loans

    EconomyMacroeconomy

    the competitive yield of the 3- and 6-month T-Bills of 2.5 and 2.97 percent respectively. However, the Greek... by 3 bps to 1.12 percent in January. On the corporate loan front, two major movements were evident... more than 3 percentage points above the respective euro area average rate. In contrast, the rate

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  6. Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain

    EconomyProgramme

    million incorporated under ESA-2010, 298 million should be excluded under EAP 3) An amount of 193... figure for 2014 primary surplus under ESA-2010 includes this amount, which is then excluded under EAP. 3... target is to remain at 3 percent. In case target is lowered to 1.5 percent, as was initially indicated

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  7. A closer look at Greece's revised proposals to lenders

    EconomyProgramme

    include: 1) Increase in the corporate income tax rate by 3 percentage points to 29 percent from 26... to a total number of 35,000 VLTS that are expected to be installed in the second half of the year. 3... recorded profits above 5 million euros. 3) Increase in the solidarity levy rates for annual income

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  8. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    , employer social security contributions (SSC) were reduced by 2.9pp and employees’ by 1pp. 3) Increase... for supplementary funds from 3 to 3.5 percent with estimated revenues at 120 million in 2015 and 250... with expected revenues at 410 million in 2016 (from 450 million in the previous proposal. 3) Increase

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  9. How big is the gap separating Greece and the institutions?
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    to Greek Prime Minister Alexis Tsipras on June 3, while adding some of the measures proposed by Greece... for 2016. 3) The increase in the pensioners’ health care contribution for their supplementary pensions... of 48 million for 2016. 4) The increase in the employee contribution for supplementary finds from 3

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  10. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    studies. 3) Abolition of tax breaks for farmers, including the reduction by 50 percent of the subsidy... in the national health system (ESY). Media reports also indicate that recession may reach 3 percent this year... with a 3-month maturity. 3) Payments to the IMF of 1.57 billion euros due in September. 4

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