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  1. The race to reduce Greece's bad loans

    EconomyBanking

    and unsecured overdrafts which have not been serviced for around 5 years, coming to a total of 1 billion..., totalling roughly 1 billion euros, which are collateralised. With strong interest in all bad loan sales so

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  2. Income and living conditions survey shows persisting inequality
    Photo by Harry van Versendaal

    Society

    the age of 14. The total population’s risk-of-poverty rate was 20.2 percent in 2017, down by 1 percentage..., falling by 1.8 pps YoY. The rate fell by 1 point for the total population and those aged 18-64

    14%

  3. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    in the latest baseline scenario is seen levelling off at 1 percent in the long-term, which translates... not allow for optimism regarding real long-term growth in excess of 1 percent. Privatisation proceeds

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  4. Newsletter 168 -29/06/2018

    Newsletters

    is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal..., the corporate lending balance was negative by 169.2 million, recovering from a negative figure of 1

    14%

  5. Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might be realised. Moscovici... and reducing the tax-free threshold in 2020 so that another 1 percent of GDP (roughly 1.8 billion euros

    14%

  6. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    low at 20.1 percent in 2017 versus the 34.9 percent EU average. The report concludes that every 1... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt

    14%

  7. Newsletter 169 -06/07/2018

    Newsletters

    of not having to implement the cuts, which aim to reduce pension spending by 1 percent of GDP, might... by 2020 and a marginal deficit of 0.1 percent of GDP in 2019. Prices will grow on average by 1

    14%

  8. Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    also had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos... to reduce pension spending by 1 percent of GDP or whether it will be able to avoid the cuts, a number

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  9. IMF voices concerns over long-term debt, sees more relief being needed
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    -term growth cannot exceed 1 percent, and even those assumptions can only be achieved if Greece..., which brings real growth that exceeds 1 percent. In the IMF’s baseline scenerio, although debt-to-GDP

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  10. Athens taking more time to consider 2019 measures ahead of budget talks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the compensatory measures that have been agreed with the lenders in return for implementing 1 percent... to be tabled by October 1 so that its review by EU authorities can begin under the terms of the European

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