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Everybody be cool
Agorapercent and a handling fee. Now, these loans do not have to be repaid before 2020 and the margin is down... that there are serious concerns over conflicts of interest. Stepping down is a natural development... probably satisfy Northern european countries and calm down Spain, where the rising Podemos is giving
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You've heard the Greek crisis myths, now here are some truths
Agoradown to 38.4 billion in four years, a 27 percent reduction. The task was made even more difficult.... To make this effort Sisyphean, the troika decided in 2012 to push down the minimum wage by 22 percent... in 2008 to just 24.3 billion euros in 2013, down 21 percent. At the same time, taxes on income were
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Newsletter 17 - 27/02/2015
and the highest since 2002, when Greece entered the eurozone. It pulled balances down to 148.04 billion...-on-year growth for Q4 was also revised down to 1.3 percent from 1.7. Overall, the Greek economy grew... not complete the review. This ties Athens down to the incredibly testing process of working with lenders
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General gov't primary surplus shrinks to 419 mln in January
EconomyMacroeconomymillion, yet it was down 68 percent year on year (YoY). Local governments’ surplus followed suit... of extrabudgetary funds nosedived to 84 million from 387 million a year ago (down 78 percent YoY), while... of total). The other subsectors showed slower changes with state budget arrears down 22 million MoM to 135
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Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target
EconomyMacroeconomy, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin. Tuesday’s figures... the 2-month figure at 7.9 billion, down 5.6 percent. Following an underperformance of 968 million euros... reached 7.29 billion, down 7.3 percent and 1.17 billion below target. Primary expenditure declined
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomythe 8-month figure down 4.7 percent to 30.26 billion, 4.23 billion short of target. Note though... to just 39 million. For the 8-month period, direct taxes are down 9.3 percent to 11.53 billion... by CIT (298 million). Indirect taxes fell 4 percent in August with the 8-month figure down 2.9
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Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomyshrinking with the 9-month figure at 1.9 billion euros, down 17 percent from last year’s number. Revenues... in August, to 3.78 billion euros, bringing the 9-month figure to 35.04 billion, down 6.7 percent... reading in the course of 2015. However, the 9-month figure of 2.17 billion (down 40.5 percent) still
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Newsletter 53 - 27/11/2015
for Meimarakis to step down on Sunday, after suggesting in the previous days that he was using his position... on a level playing field. While stepping down, Meimarakis also called for Tzitzikostas to leave his... two months into his latest stint as prime minister, is down to 153 out 300 seats in Parliament
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economymillion respectively leading the annual primary surplus target down by 364 million to 3.26 billion.... For the 11-month period, revenues reached 43.41 billion euros, which is down 2.4 percent. Despite... refunds jumped by 33.5 percent in November but the 11-month figure of 2.58 billion euros is still down
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Newsletter 66 - 11/03/2016
unemployment rate fell for the third straight month in December, when it edged down to 24 percent from... if the mechanism breaks down. European Union leaders and Turkish Prime Minister Ahmet Davutoglu are due to meet... the Aegean with the help of smugglers slip down the list of those eligible for resettlement, while others
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