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  1. Labour market reforms did exactly what they were supposed to
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    , cutting private wages would have increased income inequality across the society. However, private... translate into lower labour costs in 2011, Greece’s lenders wanted to accelerate the reduction by cutting

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  2. Focus turns to first post-MoU visit by creditors and talks on pension cuts
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    that cutting pension expenditure by 1 percent of GDP is not necessary in fiscal or structural terms... cutting pensions next year, this could impact on the tax cuts and spending increases the government

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  3. Council of Europe report warns over austerity-inflamed inequality in education
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    as a cost-cutting exercise. This led to students having to travel greater distances in order to access... of education in Greece was attributed in part to austerity measures which have led to the cutting of certain

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  4. What Greece imports and why
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    with or drastically cutting back on food imports is not straightforward for a country that would otherwise... trade deficit is more likely going to involve ramping up exports rather than cutting back exports

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  5. Tsipras points to tax cuts as example of bailout exit benefits
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , we are reducing ENFIA, we are cutting tax for businesses and handing out a social dividend to 1.4... of the counter-measures agreed in return for cutting pension spending by 1 percent of GDP. Given

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  6. Newsletter 185 -30/11/2018

    Newsletters

    for cutting pension spending by 1 percent of GDP. Given that the pension cuts have now been abandoned... security contributions for the self-employed, we are reducing ENFIA, we are cutting tax

    1%

  7. FDI, rather than tax cuts, holds key to stronger growth rates - study

    EconomyFeatures

    found that cutting VAT and personal income tax helped raise consumption levels, but also led to greater imports, which do not contribute to economic growth and job creation. In addition, cutting

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  8. Newsletter 192 -01/02/2019

    Newsletters

    to their high budget costs. IHS Markit found that cutting VAT and personal income tax helped raise... creation. In addition, cutting corporate tax rates was found to have a negligible positive impact

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  9. Surprise handout announcement provokes storm of criticism from opposition
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    all previous governments of driving down the minimum wage by a third and cutting unemployment benefits... on cutting deals with special interests, while Mitsotakis dismissed him as a “failed prime minister” who

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  10. Newsletter 59 - 22/01/2016

    Newsletters

    failing was not having a clear idea of what it wanted to achieve or how to achieve it. Looking back... to represent: transparency, meritocracy and social justice. SYRIZA’s single biggest failing... to this realisation. Moving away from the negotiations, SYRIZA’s other major failing has been that it has

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