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  1. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    includes the payment of 630 million for one-off support to low-income pensioners. In addition, 2016... overperformance by 2.41 billion, including the one-off payment of 630 million (0.36 percent of GDP... to the 2017 budget, gg primary surplus (excluding the one-off payment of 0.36 percent of GDP) was expected

    4%

  2. Pensions main source of finance for half of households as income falls again
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    of households reporting that they were worse off quantitatively and qualitatively than before...) and education. Over half of households said they put off going to a doctor and receiving medical treatment... a household appliance, while 35 percent put off getting their car serviced. While almost one in ten

    4%

  3. The place where sanity goes to die
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    for which Greece would have to maintain a primary surplus of 3.5 percent of GDP. Brushing off the Greek... the other way and sign off on what was presented as progress in the Greek programme. Now the IMF has... deliberately put off for a long time. In mid-October, when this review began, Athens came to the table

    4%

  4. Don't celebrate a French reconnection for EU just yet
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    took the unusual step of congratulating Macron despite there being a run-off against Le Pen yet to come... of Europe’s tendency to laud the eye-catching victories but brush off the smaller defeats even though... by centre-right New Democracy beat off the anti-austerity insurgency from SYRIZA. It ignored

    4%

  5. Greece as an energy hub: Reality or wishful thinking?
    Photo via www.tap-ag.com

    EconomyFeatures

    in the exploration of two sites off the shores of Crete has already been received from a consortium of Exxon Mobil... the operator of the Ioannina block. If these deals are pulled off, they would represent a major investment... the Tanin and Karish gas fields off the coast of Israel. Production is expected to begin in 2020

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  6. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    with the latest EC economic forecasts (2.1 percent in 2017 and 2.5 percent in 2018) levelling off... points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF... growth of 3 percent between 2019 and 2060. Moreover, the primary surplus is seen leveling off at 2

    4%

  7. Compliance report looks at programme financing, arrears clearance and 2016 performance
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    collection rate. A number of one-off factors, such as low oil prices and the running down of inventories backed the recorded corporate profits, while some large one-off repayments of tax liabilities by firms under liquidation also supported CIT receipts. Other one-off factors with a positive impact

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  8. Newsletter 135 - 13/10/2017

    Newsletters

    collected, 1.07 billion of taxes remain outstanding each month. Tsipras off to US after tricky vote... brushed off difficulties within his coalition this week to set off for the USA on Friday

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  9. Budget primary surplus of 4.54 bln in 9-month below target despite underspend
    Photo by MacroPolis

    EconomyMacroeconomy

    at 29.71 billion euros, 1.62 billion euros off target. Net revenues came to 34.76 billion euros.... Specifically, income tax revenues were off target by 807 million, while property tax missed.... PIB PIB revenue stood at 81 million euros in September, 118 million euros off their monthly target

    4%

  10. Effort to end notaries' strike amid concern for auctions, NPLs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to their associations calling off their boycott. Their key demands relate around the protection... towards the state, banks and social security funds cannot exceed 120. Other creditors must be paid off... off repossessions and other legal consequences.

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