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  1. S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015

    Economy

    borrowing requirements. However, S&P expects that the government will continue to pay salaries... government issuing IOUs to pay employees, pensioners and suppliers. These IOUs could circulate

    4%
  2. Lack of time, lenders' demands back Greek gov't into corner
    Photo by MacroPolis

    PoliticsGreek Politics

    made by both parties. One eurozone official told Reuters on Wednesday that the government has to “pay... out of cash and has more than 700 million euros to pay to the International Monetary Fund on May 12

    4%
  3. SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
    Photo by MacroPolis

    PoliticsGreek Politics

    for the government to make it clear it would not pay the International Monetary Fund next month... commitment to pay wages and pensions ahead of creditors if the institutions do not agree to solve Greece’s

    4%
  4. Newsletter 28 - 29/05/2015

    Newsletters

    secured by Sunday, or June 5, when Greece has to pay the IMF 300 million euros, is very slim. common... of this being secured by Sunday, or June 5, when Greece has to pay the IMF 300 million euros, is very

    4%
  5. Tsipras forges ahead with referendum as lenders hold back, wait for result
    Photo by MacroPolis

    PoliticsGreek Politics

    would default on the European Central bank as it would be unable to pay the Greek bond that matures... for places outside banks to receive priority tickets to collect their retirement pay could be devastating

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  6. Newsletter 45 - 02/10/2015

    Newsletters

    , self-employed and firms will be required to pay additional taxes in October following the decision to increase the amount of income tax they must pay in advance. Another key issue for the new government

    4%
  7. Tsipras identifies debt relief, bank recap and attracting investments as key goals
    Photo by MacroPolis

    PoliticsGreek Politics

    seek to protect homeowners who genuinely cannot pay their mortgages from losing their homes... pay their loans. Investment The Greek prime minister also announced his intention to create a public

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

    Economy

    on individual notional accounts with pay-as-you go notional defined contributions. There would be also... into lifelong pension. The state subsidy would be limited only to periods during which someone is unable to pay

    4%
  9. Pension overhaul poses political challenge despite avoiding immediate cuts

    PoliticsGreek Politics

    and reductions in retirement pay for future generations. For New Democracy and PASOK in particular... to the retirement pay of those already collecting pensions. According to the coalition’s plan, main

    4%
  10. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    20,000 euros. Those with annual income of 25,000 euros would have to pay additional taxes of 626 euros, which would be an increase of 15 percent on what they pay at the moment. For incomes of 35,000

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