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

    Economy

    The government and the institutions have broadly agreed that circa 1 percentage of the anticipated fiscal gap of around 3 percent of GDP by 2018 would be covered by the overhaul of the tax system. This would be brought about through a combination of broadening the tax base, which is favoured

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  2. Economic sentiment rebounds in March, consumer confidence nosedives

    EconomyMacroeconomy

    high of -5.3 posted in January. The retail trade indicator eased 0.2 points to 3 in March, after

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  3. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    trade indicator slipped 0.2 points to 3 in March, after posting strong gains of 34.2 points

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  4. Newsletter 68 - 01/04/2016

    Newsletters

    Convergence on fiscal gap Government aims for swift conclusion of first programme review The Greek government has broadly converged with the institutions on a fiscal gap of 3 percent of GDP (5.4 billion euros) by 2018, government spokeswoman Olga Gerovasili told a regular press briefing earlier

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  5. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    on a fiscal gap of 3 percent of GDP by 2018. Upcoming discussions will focus on agreeing

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  6. Range of issues unresolved as programme talks resume in Athens

    EconomyProgramme

    ) market and creation of the new privatisation fund. Greece has accepted a fiscal gap of 3 percent of GDP

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  7. Notable drop of 1.5 pct in March CPI

    EconomyMacroeconomy

    territory for more than 3 years. Since March 2013, when CPI turned negative for the first time

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  8. Greek stocks slip 1.7 pct during week with subdued volumes

    Economy

    was recorded by non-financials, namely: Folli-Follie (+4.7 percent), Aegean Airlines (+3 percent

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  9. Greece expects review to be completed by May 1 despite IMF objections

    EconomyProgramme

    of 5.4 billion (3 percent of GDP) agreed as part of last July’s bailout agreement have to be implemented

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  10. EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus

    EconomyProgramme

    and pensioners will pay tax. 3) A series of parametric measures generating savings of 1.2 percent of GDP

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