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  1. Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    obligations to the International Monetary Fund next month and some state arrears - 3 billion euros... a maturity of 35 years and carry an interest rate of 1 percent. The debt sustainability issue, along

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  2. Newsletter 39 - 21/08/2015

    Newsletters

    the 3 percent threshold as well. There had been speculation that because of this uncertainty... on year (YoY), falling to 1 billion euros from 1.25 billion in 2014. The YoY deterioration mainly

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  3. Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
    Photo by MacroPolis

    EconomyMacroeconomy

    before. The revision is based on: 1) The calculation of the wages index according to a fixed base...) The exclusion of the severance payments in the calculation of the index as of Q1 2013. 3) The change of the base

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  4. The targets and deadlines in Greece's privatisation programme

    EconomyProgramme

    involve: 1) Regional airports divided into two clusters of 7 airports each. The tender was awarded... of the integrated development plan and urban plan study. 3) Astir Vouliagmenis, a hotal complex including

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  5. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    consumption increased 1 percent QoQ and 2.5 percent YoY accelerating from the reported growth rates in Q1... in 2018. The rating agencies have forecasted a GDP contraction ranging between 1.5 (Fitch) to 3 percent

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  6. Amid talk of post-election alliances, parties propose changes to bailout measures

    PoliticsGreek Politics

    , PASOK leader Fofi Gennimata set out the five following demands: 1) No freeing up of mass... be supported by 75 percent of future revenues from hydrocarbons 3) Review of higher taxes for farmers

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  7. Tsipras confounds expectations, creates new doubts by reviving coalition

    PoliticsGreek Politics

    difference was a surprise, as was the fact that SYRIZA saw its January support drop by less than 1... party falling short of the 3 percent threshold. These upsets immediately opened up the possibility

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  8. Ambitious privatisation targets will test government's resolve

    Economy

    the following measures: 1) Endorse the Asset Development Plan (ADP) approved by HRADF at the end of July, which... and management of railway activities) without any material changes in the current terms of the tenders. 3) Take

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  9. Lenders also require health and labour market reforms from gov't in next months

    EconomyProgramme

    outlines a series of key deliverables for September and October including: 1) Extension of the 2015 claw..., diagnostics and private clinics. 3) Publication of a price bulletin to reduce pharmaceutical prices

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  10. Portuguese election: Where those who lost may decide
    Photo by Alessandro Grussu via Flickr https://flic.kr/p/ffhoRc

    Agora

    in August was 12.4 percent); finally, the government insists that it is possible to reach a deficit below 3... rate in Portugal will drop this year almost 1 point compared to April estimates, although growth

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