Tag search



Results 121 to 130 out of 180.

  • Photo by Panayotis Tzamaros/Fosphotos IMF argues case for further reform of pension system


    One of the issues discussed in a recent International Monetary Fund paper deals with the Greek pension system and notes that the most recent reform goes in the right direction since it removes some distortions and reduces the overall pension cost.

  • Photo by Panayotis Tzamaros/Fosphotos Tsakalotos and Stournaras raise objections to IMF assumptions


    The Article IV consultation report on Greece published by the International Monetary Fund on Tuesday evening included letters by the Greek Finance Minister Euclid Tsakalotos and Bank of Greece governor Yannis Stournaras, which both outlined their disagreement on certain assumptions and comments in IMF’s debt sustainability analysis (DSA) and ex-post evaluation report.

  • Photo by Panayiotis Tzamaros/Fosphotos IMF sees much scope for reform progress, particularly on tax in Article IV report


    Despite the significant progress made so far, Greece faces fundamental challenges such as vulnerable public finances, notable tax evasion and ineffective tax administration, impaired bank balances sheets and pervasive structural obstacles to investment and growth, the International Monetary Fund’s Article IV consultation report concludes.

  • Photo by Panayotis Tzamaros/Fosphotos Pensions main source of finance for half of households as income falls again


    The inequality fuelled by the Greek crisis expanded even further in 2016, with three-quarters of households reporting that they were worse off quantitatively and qualitatively than before and with just under half of them claiming that they rely on pensions as their main source of income.

  • Photo by Panayotis Tzamaros/Fosphotos After pension dispute with lenders, coalition faces domestic unease

    PoliticsGreek Politics

    Opposition parties pressed the government on Tuesday to make public the letter sent by Finance Minister Euclid Tsakalotos to the institutions to smooth over the row that broke out after the government decided to grant pensioners a 617-million-euro Christmas bonus from the excess surplus produced in 2016.

  • Photo by Panayotis Tzamaros/Fosphotos Athens settles pension handout row, looks for review progress


    Eurogroup President Jeroen Dijsselbloem concluded on December 24 that “the way has been cleared for the European Stability Mechanism (ESM) to go ahead with the decision-making procedures” for the implementation of short-term debt relief measures after Greek Finance Minister Euclid Tsakalotos sent a letter to the institutions providing assurances regarding primary surplus targets and the distribution of any excess.

Results 121 to 130 out of 180.