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  1. Samaras sets out New Democracy's plans for growth

    Economy

    property with an estimated total cost of 2 billion euros. ENFIA was introduced last summer replacing... revenues are targeted to be gradually reduced below 1 percent of GDP. It is noteworthy that SYRIZA has

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  2. What are Greek coalition's plans for privatisation programme?
    Photo by Harry van Versendaal

    Economy

    separate projects: 1) The split and sale of a 30 percent stake in PPC capacity and client base (small PPC). 2) The sale of a 66 percent share in the Independent Power Transmission Operator (IPTO... are profitable and do not burden in total the public coffers. SYRIZA has also strongly opposed

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  3. Greek stocks tumble, bond yields rise in wake of Tsipras speech

    Economy

    below the 800-point mark for the first time since February 2 and closed at 765.22, implying a drop... percent of total trading activity Bonds The prevailing negative sentiment was also evident.... The 10-year bond yield showed a lower increase by almost 1 pp to 11.28 percent. Investors remain nervous

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  4. Finance Ministry outlines plans for making savings, increasing revenues
    Photo by MacroPolis

    EconomyProgramme

    to around 1 billion euros a year and he anticipates this cost could be imminently trimmed by 20 percent. A large number of small tenders ultimately leads to large total expenditure, Mardas stressed... increase public revenues by 2 billion per year. The third intervention is more qualitative

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  5. Greece sets out broad reform plan for lenders' approval

    EconomyProgramme

    come up with their own judgment. The list involves intervention in the following areas: 1) Fiscal..., public spending, social security reform, public administration and corruption. 2) Financial... account for more than half (56 percent) of total expenditure. The non-wage benefits will be reviewed

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  6. Newsletter 17 - 27/02/2015

    Newsletters

    euros to the International Monetary Fund in March. Revenues falling almost 1 billion short... by 0.7 percent in 2014. In 2014, the Greek economy grew by 0.7 percent. 2 Turbulent months ahead Signs...’s 3.5 billion euros from the total of 7.2 billion in pending instalments. Schaeuble, meanwhile, has

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  7. Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate

    EconomyMacroeconomy

    of February - up by almost 2 billion euros in the year to date. The Finance Ministry has officially estimated that from the total outstanding tax debt, which involves more than 3.5 million taxpayers... Varoufakis on April 1, the government anticipated that the additional revenues expected from

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  8. ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks

    EconomyProgramme

    one). Eligible debtors must also fulfil the following criteria: 1) Their annual income should not exceed 50,000 euros (from 35,000 previously). 2) The total value of movable and immovable assets must

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  9. Greece makes new proposals in search for deal acceptable to lenders and MPs

    PoliticsGreek Politics

    offer would still be short of the target of 1 percent put forward by lenders last week. For 2016... percent but short of the lenders’ preferred target of 2 percent. From what is known so far, Athens has.... Greece is also proposing that the profits from the total SMP holdings, which are estimated

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  10. Industry turnover down by 2.3 pct in April for sixth straight fall

    Economy

    a double digit rise of 14 percent, yet it makes up just a fraction of the total turnover. Following April... by 2 percent. The breakdown of the April headline figure by region displayed mixed trends for yet...) and consumer durables (+1 percent). As in previous months, the performance of specific sectors displayed

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