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  1. Greece prepares set of proposals for bridging deal with eurozone

    PoliticsGreek Politics

    foreseeing a deal that would last until September 1. This means the longer interim deal would include... last week that the government would commit to primary surpluses of 1 to 1.5 percent of GDP instead... is estimated by SYRIZA at 1.86 billion euros and relates to: 1) Subsidized meals for 300,000 poor families

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  2. The IMF crisis and how to solve it
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Agora

    -boggling 22% in just 18 months (yes, over 1 percent a month). Greece has endured the largest... paragraph offered by its Executive Board on June 5: Directors ... agreed that [the report] provides a good... and policy decisions. There are numerous other examples of inadequate explanations, including: (1

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  3. Disposable income rises by 5 pct YoY in Q2, final consumption up by 1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek household disposable income grew by 5 percent year-on-year (YoY) in the second quarter (Q2.... Since 2012, property income has declined by 41.2 percent. Household final consumption rose by 1 percent while the absolute figure for Q2 stood at 32.42 billion, marking a decline of 5 percent since 2012

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  4. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
    Photo by MacroPolis

    Economy

    growth (6.5 billion) and employment (5 billion). Debt Tsipras repeated that his party will demand... instalment for both tax and SSC obligations set at 30 percent of income. On the key issue of bad loans... for the creation of 300,000 jobs in the private and public sectors. Its cost is estimated at 5 billion

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  5. Lenders set out 49 milestones for Greece to meet before next bailout tranche

    EconomyProgramme

    . The current set of prior actions involves: 1) Integration into the Unified Auxiliary Insurance Fund (ETEA... to the banking sector to “safeguard financial stability” include: 1) Finalisation of a comprehensive... of the government council of public debt 5) The Bank of Greece issuing provisions to implement

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  6. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    in the excise tax on beer, cigarettes and tobacco. As of July 1 Introduction of a new tax rate of 5..., meaning 1 hiring per 5 departures in 2016, 1 hiring per 4 departures in 2017 and 1 hiring per 3..., the tax-free threshold for families with two children is set at 9,090 euros. It remains unchanged

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  7. What is in SYRIZA's 3-pillar programme to overcome the crisis?
    Photo by MacroPolis

    Economy

    banks with an estimated cost of 1 billion euros. 5) Settlement of unpaid tax and social security... interventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2... and citizens below the poverty limit (120 million). 5) Free electricity to 300,000 households below

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  8. Welcome to the club: Greece Joins the 17+1 network

    Agora

    in 2012, the 16+1 network organizes annual Central and Eastern Europe–China Summits. In practice... from different regions in Europe and with a diverse set of membership affiliations. The network... in the Western Balkans.[1] Apart from China, which stands for the number one, the political and economic

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  9. Greek banks set for early ELA return in apparent precautionary move
    Bank of Greece

    Economy

    to the Bank of Greece (BoG) for raising liquidity of 5 billion euros through the Emergency Liquidity... would no longer be eligible for ECB funding from March 1. However, it appears that liquidity... amount of state guarantees was set at a maximum of 23 billion euros and that threshold was later

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  10. Where is Odysseus? Part 5 - Productivity
    Photo via https://flic.kr/p/2cusZTV

    Agora

    on the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found... is more easily transmitted in graphs than in lengthy complex tables. Employment. Consider Figure 1, below....[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018

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