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  1. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    studies. 3) Abolition of tax breaks for farmers, including the reduction by 50 percent of the subsidy...) Reduction by 50 percent in the subsidy expenditure for heating oil. 5) Increase the rate of the tonnage

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  2. Crumbling Greek pension system threatens big fiscal gap, budget derailment
    Photo by MacroPolis

    Economy

    by the financial position of EOPYY, which was established in 2011 and receives a state subsidy of 0.4 percent... billion. Of this 1.69 billion relates to contributions and 347 billion to the state subsidy. Note

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  3. Committee of wise men proposes drastic changes to Greece's pension system

    Economy

    and compensation as well as reduced economic activity. In addition, state subsidy makes up 39 percent... into lifelong pension. The state subsidy would be limited only to periods during which someone is unable to pay

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  4. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    -employed, the gradual abolition of the subsidy for the diesel oil for farmers, the increased... and non-public pensions (188 and 539 million respectively), heating oil subsidy (105 million

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  5. Tsipras sails through multi-bill vote, looks to disbursement and debt relief
    By MacroPolis

    PoliticsGreek Politics

    subsidy for low-income pensioners this year, as well as funding employment schemes and tackling... this year’s subsidy. If there were any doubts in the minds of SYRIZA MPs about supporting

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  6. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    million from OAEE. This also reflects the reduced state subsidy, which was trimmed by more than 1.4... by 3.4 percent to 3.34 billion in 2015, while state subsidy was slashed by almost 20 percent to 525.5

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  7. Greek households switch to natural gas in record numbers as winter approaches
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    . The increased cost of heating oil, as well as subsidy schemes for the installation of gas boilers, and new... to initiate a connection. This change, together with a subsidy programme for retrofitting gas boilers

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  8. Reshuffle scenarios resurface for Tsipras after ministers resign over rent subsidies
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    was approved by opposition parties, as the coalition has been keen to stress. The subsidy was available only... and for the subsidy rule to be scrapped. The incident is unlikely to do any deep or lasting damage to SYRIZA

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  9. FinMin sets out how it would alter policy mix to prevent pension cuts
    Photo by MacroPolis

    EconomyMacroeconomy

    ). On the expenditure side, the rent subsidy is now reduced to 150 million euros, which is just a quarter... of a subsidy of social insurance contributions for young employees. Although a strong fiscal

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  10. Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
    Photo via http://www.delphiforum.gr/

    EconomyMacroeconomy

    going towards boosting the heating subsidy that is due to be paid out in the coming months... to the social dividend and an increase to the heating subsidy to be tabled in Parliament. Regarding

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