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  1. Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the so-called “positive measures” promised by Tsipras. The backpay relates to various pay cuts made in the period up to the end of 2016, and will not affect salaries going forward, as a new pay scale

    4%

  2. BoG highlights areas of concern in underlying NPE data
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    that are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction of credit risk. Unlikely to pay exposures stood at 27.8 billion euros, which is 31 percent of NPEs

    4%

  3. Parties vie for voters' attention as New Democracy prepares for congress
    Photo by MacroPolis

    PoliticsGreek Politics

    . At the same time, the coalition is highlighting that some pensioners will see their retirement pay... being awarded pay that was deemed to have been illegally cut in 2012. An amendment submitted

    4%

  4. Government and banks reach deal over new scheme to protect main homes

    EconomyProgramme

    haircut if the residual amount they have to pay on their housing loan exceeds 120 percent of the value... by banks will be able to take their case to court but will have to pay 30 percent of their monthly

    4%

  5. Name protests, scandal allegations inflame SYRIZA-ND rivalry
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the investigation into around 120 million euros that Hellenic Fertilisers (ELFE) failed to pay... with North Macedonia but it is not certain that New Democracy’s efforts to capitalise on this will pay

    4%

  6. PM hopes North Macedonia visit, debt relief decision will provide lift
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsGreek Politics

    of the programme. The disbursement would also allow the government to move ahead with its plan to pay off... for Hellenic Fertilisers (ELFE), a company which failed to pay tens of millions of euros in gas bills

    4%

  7. Early IMF repayment next goal for Athens after concluding second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    The Greek government is aiming to come to an arrangement with its lenders in the coming days so that it can pay off early at least some of the 10 billion euros it owes to the International Monetary.... However, it had underestimated the importance and attention that the lenders would pay to the new

    4%

  8. Athens gearing up for new bond issue amid favourable market conditions
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Greek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some... are at 1.5 percent,” he said. “When you pay off the loans prematurely, you help restructure your debt so

    4%

  9. Greece tax wedge rises two places to 13th highest among OECD countries, report finds

    EconomyFeatures

    to an average single Greek worker having a take-home pay after taxes and benefits of 73.9 percent versus... percent for this category. This translates to an average gross take-home pay after tax and family

    4%

  10. Lenders highlight risks of 'short-term popular' measures unveiled by government
    Photo by MacroPolis

    EconomyProgramme

    expressed concerns about the schemes unveiled on Sunday for taxpayers to be able to pay off their debts... confirmed on Thursday that Athens has made an official request to pay off part of its loan from the Fund

    4%