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RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
PoliticsGreek Politicstransform the Greek economic model. The submission of the national proposals for the EU’s Recovery... in scope, amounting a ten-year plan for the transformation of the Greek economic model. The report... to a more extrovert model with more exports and more inward investment. The report claims
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Mitsotakis makes bid to dissuade farmers from continuing their protests
PoliticsGreek Politicsmodel” regarding universities, rather than the system used in Cyprus. He argued... with state-funded universities. He argued that the Cypriot model, by contrast, is more of a money... that the model is not even attractive to locals. Androulakis argued that Greece should not stand still
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Can the Green Transition be just?
Agoraby soaring fossil gas prices, puts forward a specific model of resource use. The energy crisis bore... Development Fund and the Recovery and Resilience Fund. This model of resource use can help mitigate... for a longer period. Secondly, and more importantly, this model based on subsidy policies does
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PM seeks diplomatic initiative in Middle East as PASOK looks for momentum at home
PoliticsGreek PoliticsAndrius Kubilius offered unusually warm praise, calling Greece a model for European defence... be implemented through social dialogue and tied to a broader shift in Greece’s production model - one... a Bulgarian‑style model of cheap labour and overwork. At the same time, PASOK is embroiled in a political tug
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The "King of the North" seeking to heal a fractured kingdom
Agoraof governing principles he calls “Manchesterism”. It is his attempt to articulate an alternative model - one... buses are not nationalised; they are operated by private companies under public control. The model..., and defended Greater Manchester’s “very interventionist” model as proof that growth requires strong public
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammeon April 19, except the new pension ceiling. This is now set at 2,000 euros (instead of 2,304) for a single.... 4) Increase in the insured income ceiling – 25 million..... 8) Lower pension ceilings – 98 million. 9) Lower family allowances for new pensioners – 23 million
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Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases
EconomyMacroeconomythe ELA ceiling by 7.8 billion euros to 77.9 billion amid improving liquidity for Greek banks following the equity raising. Since August 18, the ELA ceiling has been lowered by 13.1 billion, which
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Pension reform brings painful overhaul in social security contributions for self-employed
Economyat 2,300 euros, while the relevant income ceiling for contribution calculations is set at 5,900 euros.... Press reports indicate this ceiling could reach 55 percent for annual income between 20 and 30,000
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Houliarakis provides clearest view so far on Athens's debt relief expectations
EconomyProgrammethis scenario, Houliarakis said that the gross financing needs exceed the 15-percent ceiling... the 15-percent ceiling as of 2030. It also reduces the net present value (NPV) of Greek debt to 80
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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyrepresents the lowest reading since January 2015. The ECB decided to reduce the ELA ceiling for Greek... ceiling had remained stable at 46.3 billion. Meanwhile, Greek banks’ reliance on ECB funding further
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