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  1. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    by 4 bps for every 1 percentage point decline or rise in the debt ratio, but in any case... with weaker than expected policies resulting in lower primary surpluses of 1 percent of GDP

    12%

  2. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    supply production also declined by 1 percent. Only two of the five main industrial groupings posted... IPI rebounded 2.2 percent from the previous month, after contracting by 1 percent in November

    12%

  3. Apartment prices drop 0.6 pct in Q4 and 2.2 pct overall in 2016

    EconomyMacroeconomy

    in new houses rebounded by 1 percent, while those of older houses posted a smaller increase of 0.3..., pointed to a drop in housing prices by 5 percent in 2016 and by another 1 percent in 2017.

    12%

  4. Lenders make proposal to Athens but no immediate breakthrough expected
    Photo by Fosphotos

    PoliticsGreek Politics

    should pass 1 percent of GDP in new measures (1.8 billion euros) now and another 1 percent should

    12%

  5. Central government debt rises to 326.4 billion on ESM disbursement
    Photo by MacroPolis

    EconomyMacroeconomy

    than 5 years) debt made up 80.3 percent of total, while short-term (up to 1 year) and medium-term (1

    12%

  6. Tsakalotos appears but gives little away about negotiations with creditors
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the package of measures and counter-measures would be zero in fiscal terms. “For example, if 1 billion euros in [new] measures are adopted, another 1 billion euros in positive measures for the economy

    12%

  7. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    -free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros..., the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 pp

    12%

  8. Greece and lenders trap themselves over labour reforms
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    measures that the lenders are demanding: A 1 percent of GDP reduction in the tax-free threshold for personal incomes and another 1 percent of GDP cut in pension spending. Also, it might

    12%

  9. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    pensions that would yield savings of 1 percent of GDP (around 1.8 billion euros) as of 2020. Athens... as of 2019, targeting a widening of the tax base and additional revenues of 1 percent of GDP. Although

    12%

  10. PPC: The struggling electricity giant dominating bailout talks
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    repayments, including a bond redemption of 200 million on May 1, absent the finalisation of a 200... million on February 24 and said on March 1 that a new facility of 200 million, in the form

    12%