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Pensions
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EconomyProgramme
Athens moves ahead with expansionary measures as it waits for lenders' response The Greek government is set to find out this week what the institutions think about the package of positive measures submitted to Parliament on Monday and due to be voted into law by Wednesday.
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PoliticsGreek Politics![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2014/08/18/zappeio_myrto_1808-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Tsipras tries to entice voters with VAT cuts and pension bonuses Prime Minister Alexis Tsipras unveiled on Tuesday at a press conference the package of fiscal expansionary measures that the government has been planning for the last few months, hoping that this will sway voters ahead of the May 26 European and local elections, as well as the national vote later this year.
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Economy
Dispute over pensions backlog as future burden from retirees highlighted Pensions were once again in the news in Greece this week thanks to a combination of growing overdue pensions applications and further warnings over the burden Greece faced in the future over its pension payments.
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EconomyMacroeconomy
Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros The Labour Ministry's Computer Centre for Social Security Services (IDIKA) most recent report from the Unified System of Control and Pension Payments (ILIOS), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018.
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EconomyProgramme
New court verdict adds to concern about impact of backpay on fiscal balance Another court decision on backpay has revived fears that in the months to come the Greek government could be facing an additional spending outlay that may threaten to derail plans to maintain a primary surplus of 3.5 percent of GDP until 2022.
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EconomyProgramme
Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform The Greek government wasted no time following the conclusion of the Eurogroup on Tuesday, as it submitted to Parliament draft legislation that will lead to the pension cuts that had been lined up for next year being cancelled.
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EconomyProgramme
Athens prepares final 2019 budget after green light to ditch pension cuts The government is set to submit the final version of the 2019 budget to Parliament on Wednesday without the pension cuts that were pre-legislated in 2017 but with the so-called “positive” measures announced by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September.
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PoliticsGreek Politics Coalition closing in on goal of cancelling pension cuts The Greek government moved a step closer on Thursday to securing the much sought-after goal of not having to implement next year the pension cuts it committed to in 2017.
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PoliticsGreek Politics
Coalition optimistic about pension cuts deal as it readies reduction to contributions The Greek government is encouraged about the prospects of reaching an agreement with the institutions on pension cuts this week as it continues its drive to legislate the so-called “positive measures.”
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EconomyProgramme
Athens and lenders search for budget compromise by Thursday's EWG Greece and the European institutions appear to be just days away from a compromise over next year’s budget, although the form that their agreement will take is a matter of some dispute.