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  1. General gov't primary cash surplus widens notably to 4.84 bln by October

    EconomyMacroeconomy

    . The state budget primary surplus more than doubled to 4.45 billion euros in the 10-month period, from 2... revenues fell 8.3 percent to 27.74 billion euros, more than offsetting a cut in expenditure by 6.2..., and account for more than 10 percent of total. The remaining arrears relate to local governments

    2%

  2. Regling and Wieser: The key points

    Agora

    more money than the IMF could do, with much better terms: longer maturities and much lower interest.... When you look at the fiscal deficit, it was higher in Greece than in Ireland and Portugal. When you... weaker than we thought. What needed to be fixed took longer because the implementation capacity

    2%

  3. Addressing some misconceptions about Greek budget revenues and unpaid taxes

    Agora

    similar, pointing to another year of weaker than anticipated revenue collection. However, a closer look.... Of this, 46.6 billion- or more than 60 percent - had been created over the previous five years. Based on the same figures, more than 3.7 million taxpayers (3.33 million of which were individuals) owed less

    2%

  4. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    security contributions, one of the key funding pillars of the system, which were more than 22... than a quarter and the majority of sector wage agreements that tracked the minimum wage then followed... dropping from more than 13 billion euros in 2009 to an estimated 10 billion in 2016. Contributions

    2%

  5. Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    , which was downward revised. The YoY GDP contraction in Q4 was deeper than market polls estimating... to the persisting deflation of 1.7 percent in 2015. The real GDP contraction in 2015 is higher than... for a 2.3 percent recession, is largely attributed to better than expected private consumption and tourism

    2%

  6. Mapping the views of the Greeks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    than those who define themselves as “leftists”. Amounting to 17 to 20 percent of the population... has offered more to the EU than it has received from it, which the authors believe indirectly implies... wary of terms like “capitalism” and “shares”, only a very small minority (less than 6 percent

    2%

  7. Coalition hopes to ride out pension and tax dispute with farmers

    PoliticsGreek Politics

    that at the moment around 85 percent of farmers declare incomes of less than 5,000 euros, meaning... the coalition may have a little more leeway timewise than the farmers. The other factor on the government’s... low incomes, with only 4 percent saying they earned more than 10,000 euros in 2014, has been widely

    2%

  8. The refugee crisis and the beast within
    Photo via Human Rights Watch https://www.hrw.org/

    Agora

    psychological connection. It is less than 100 years ago that Greeks from Asia Minor packed onto boats... that Greek society has been more welcoming to the refugees than others in Europe is that Greece has so far been a transit country. It may have received close to 900,000 arrivals last year, and more than

    2%

  9. Athens and creditors edge closer on tax and pensions but gap remains on NPLs

    EconomyProgramme

    working years and a higher rate for those with more than 25 years, with the end-rate seen at 2.2... entail a cut in supplementary pensions above 150-170 euros by more than 20 percent. The Labour... understand that the tax-free threshold would be maintained above 9,000 euros, which is lower than

    2%

  10. Four in 10 Greek firms thinking about moving abroad, survey shows

    Economy

    and/or operations outside Greece. According to Endeavor's own projections, this would mean that more than 9,000... higher than the figure of 23 percent in the previous survey published last July in the aftermath... in the technology and health care sectors are the most willing to relocate, while the vast majority (more than 80

    2%