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

    Agora

    above Portugal’s and 17 percent higher than the minimum wage in Spain. By 2009, total exports were... in the private sector would need to be significantly reformed, pay rates for overtime work would

    4%

  2. European Commission keeps DSA broadly same, stresses need for relief

    EconomyProgramme

    growth rate at 3.25 percent. Total proceeds from privatisations in the horizon of the exercise are seen... percent as of 2025. Greece’s borrowing rates during market access are expected at 4.1 percent

    4%

  3. Much ground to cover on prior actions despite privatisation progress
    Image via www.helpe.gr

    EconomyProgramme

    the final package to involve an extension of maturities, freezing of interest rates and other measures..., or GLF, loans that Greece has to repay from its first bailout. The total of GLF loans stands at 52

    4%

  4. Greek families shell out for education as state system falls short
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    tutoring by 0.7 percent. According to the study, total expenditure on education in 2015 came to 8.8... education,” the report notes. The positive points that the report notes were low dropout rates, Greek

    4%

  5. Manufacturing PMI up to 54.2 in May, completing 12 months of rises
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    a three-month high. According to anecdotal evidence the growth in total new business also came from new... throughout a year. Encouragingly, rates of growth in production, new orders and employment all picked up

    4%

  6. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    rates and partly abolished some interest rate charges from 2012. The medium-term debt relief... 2019 and 2024, with loan repayments amounting to almost 10 billion euros. Overall, out of the total

    4%

  7. Unemployment rate edges up to 20.2 pct in April as number of employed dips
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    increase was noted in monthly unemployment rates. During the month, employment fell by 40,758..., the figure for those employed has also fallen by 1,242. Total employment remained above 3.7 million

    4%

  8. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    (June 13). This is in part due to the fact that VAT rates stood at 19 percent in 2010 and went... the total amount from tax measures rising to 5.12 billion from 3.06 billion in 2016. Criticism

    4%

  9. Crisis-era productivity in Greece lowest among OECD countries

    EconomyFeatures

    productivity rates across several OECD countries before and during the economic crisis. It showed... and a high share of labor allocated to non-tradable sectors. Total factor productivity growth averaged

    4%

  10. Tax cuts set to lead package of post-MoU pledges by Tsipras
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    euros. Tsipras is also expected to announce the start of the process for paying out a total... leader said that he would ultimately like there to be just two VAT rates in Greece: 22 and 11

    4%