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  1. Greece seeks to finalise 1 pct of GDP in new tax measures to close review

    EconomyMacroeconomy

    ) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... euros. 3) A levy on hotel stays of 1-5 euros per night, according to the hotel’s category

    9%

  2. Bailout talks resume with key issues pending and contingency measures emerging
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyProgramme

    . The European Commission along with the Greek government see a fiscal gap of 3 percent to achieve... and with a different approach on what the proposed measures might yield, the IMF insists that the measures of 3

    9%

  3. Newsletter 71 - 22/04/2016

    Newsletters

    the institutions that there is no urgent need for the legislation of contingency measures worth more than 3 billion euros on top of the 5.4 billion (3 percent of GDP) agreed with lenders but it appeared to have

    9%

  4. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    million) and future (43 million) supplementary pensions – 326 million. 3) Lower pensions for new... (and not on presumptive) income – 137 million. 3) New methodology for farmers’ contributions – 112 million

    9%

  5. Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes

    EconomyMacroeconomy

    The multi-bill tabled in Parliament on Wednesday evening included a set of parametric fiscal measures yielding around 1 percent of GDP that completes the 3 percent of GDP in fiscal interventions... sector attrition rule from the current 1 hiring for 5 departures to 1:4 in 2017 and further to 1:3

    9%

  6. Eurogroup sets conditions for disbursements totalling 10.3 bln to take place

    EconomyProgramme

    . The first instalment, amounting to 7.5 billion, is due in June after the implementation of 3 outstanding... and this money will now have to be collected from the pensioners. 3) Completion of milestones

    9%

  7. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    pillar II costs, fees fell 3 percent QoQ to 73 million euros, while fee expenses related to pillar II... II bonds (nominal value) were sharply reduced from their peak of 16 billion in Q3 2015 to 3 billion

    9%

  8. Newsletter 75 - 27/05/2016

    Newsletters

    as a way of partly negating the recessionary impact of the 3 percent in GDP of austerity measures... just passed a package of legislation that any administration in Europe would have balked at: 3 percent

    9%

  9. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    . The expenditure breakdown showed salaries and pensions dropped 1.4 percent in April and 3 percent... target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 235 million, at 15 percent

    9%

  10. PASOK and Potami aim to firm up joint platform
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    place on July 3 and comes after several rounds of discussions between representatives of each party... what a struggle Potami faces, with the centrist party lagging below the 3 percent threshold

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