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  1. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Tuesday. The headline figure is better than the 0.5 percent QoQ rise recorded in the flash estimates... for Q3 is also better than the 1.5 percent growth rate reported in flash estimates. In addition, GDP... by 14.1 percent that more than offset a rise in goods by 10.7 percent. The Bank of Greece’s (BoG

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  2. Newsletter 98 - 02/12/2016

    Newsletters

    . Rather than the criticism of his decision to fly to Havana, Tsipras will probably have been more... higher than last year’s figure of 3.05 billion, which is also attributed to the ongoing loan... than the 0.5 percent QoQ rise recorded in the flash estimates released on November 14

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  3. IMF sets out its stall as review deliberations resume in Athens
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    Greece exempts more than half of taxpayers from paying taxes. This compares to an average of just 8 percent in the eurozone. The tax-free threshold stands at 8,750 euros in Greece and is higher than... to restrict the ability of companies to dismiss employees, rather than to provide support

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  4. Budget primary surplus to Nov reaches 7.4 bln on continued strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    , 3.91 billion higher than target. Revenues Revenues (before tax refunds) rose for the fourth..., 146 million lower than target. For the 11-month period, primary expenditure edged up 1.5 percent... in the 11-month period, remaining 1.32 billion lower than target. In a separate table, the MoF

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  5. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Following the better-than-expected GDP outcome in the 9-month period, BoG upgraded its macro estimates... than expected dampening effect on the economy. An additional risk involves the existing gaps... by 11.3 percent, which corresponds to more than 100,000 NPls, mainly focusing on long-term solutions

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  6. Newsletter 104 - 27/01/2017

    Newsletters

    be. Tsakalotos claimed that all the participants acknowledged that the Greek economy performed better than... to 101.8 percent in Q1 2016. In addition, the household debt over assets ratio more than doubled, from... published by the Finance Ministry. The overperformance reflects higher-than-expected revenues (up by 1.88

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  7. Space and time the missing elements in Greek bailout talks
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    of road. The programme has less than 18 months to run, Greece cannot fund itself beyond the summer... (in terms of his and SYRIZA’s future) than hanging on until the last minute and signing up to a deal he... Tsipras and SYRIZA with a much more respectable legacy than the one they are destined

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  8. Newsletter 106 - 10/02/2017

    Newsletters

    some of the measures that the IMF is demanding. risk of committing the coalition to more than... 4 billion euros, in contingent measures to be legislated now. This probably more than the coalition... percent. The number of bank employees in the Greek market has dropped by 29 percent, or more than

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  9. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . The IMF has repeatedly stressed that more than half of Greek wage earners are exempt from paying... or two children respectively. It remained unchanged for families with more than 3 children... to 2,100 euros (for families with more than three children. It is worth noting that those tax-free

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  10. Newsletter 108 - 24/02/2017

    Newsletters

    than tripled, peaking at 27.5 percent in 2013, while it decreased by more than 2.5 percentage points..., respectively, coupled with a slightly higher goods deficit by 35 million, which more than offset... to 46.5 percent of new hirings from 41.8 percent in December. In addition, more than 41 and 17 percent

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