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Greece prepares set of proposals for bridging deal with eurozone

Mon, 09 Feb 2015 18:42:00 GMT

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

What is in SYRIZA's 3-pillar programme to overcome the crisis?

Wed, 07 Jan 2015 08:15:00 GMT

interventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2... pillars. The five interventions of this pillar include: 1) Abolition of the single property tax (ENFIA... banks with an estimated cost of 1 billion euros. 5) Settlement of unpaid tax and social security

A breakdown of Tsipras's pledges on economic strategy in Thessaloniki

Mon, 15 Sep 2014 12:11:00 GMT

will derive from the National Strategic Reference Framework (NSRF) for 2007-2013 (1 billion), the NSRF... of 4 euros per square meter (cost 54 million). The last measure of this pillar involves a low-cost

Greece sends reform list to creditors, here's an outline of what it's likely to contain

Tue, 24 Feb 2015 08:06:00 GMT

by the Eurogroup last Friday. According to government sources the reform list includes: 1) All... 30,000 apartments with a rent subsidy of 3 euros per square meter (54 million). 2) A large part

Coalition seeks to quash concerns about complications with Hellenikon development

Mon, 08 Aug 2016 10:20:00 GMT

in an incremental rise of 1 million tourists per annum. Clearly, in the current environment the government cannot... for the 6.2-million-square-meter site. The project has received some negative publicity from the media

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

Fri, 19 Apr 2019 06:33:00 GMT

in 2012, the 16+1 network organizes annual Central and Eastern Europe–China Summits. In practice... in the Western Balkans.[1] Apart from China, which stands for the number one, the political and economic... infrastructure over educational initiatives to industrial park construction. The first 16+1 summit was held

Does the EU Commission suffer from optimism bias? (Part 1)

Tue, 24 Jan 2023 09:29:00 GMT

(the Book). In part 1 of this blog we will highlight differences in the macroeconomic scenarios... on the Maastricht deficit and debt Criteria. * * * Figure 1 below compares the baseline scenario... that was derived in preceding chapters of the Book.[1] The baseline scenario of the Book is well

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

Mon, 09 May 2016 11:17:00 GMT

reforms but also on other measures, each yielding 1 percent of GDP to a total of 3 percent of GDP (5.4... percent, expected to be effective from July 1 and with estimated revenues of around 450 million euros... with lenders and would yield 0.35 percent of GDP involve: As of June 1 Increase in the excise tax on gasoline

CPI rises by 1 pct in June, staying positive for third month

Tue, 10 Jul 2018 10:14:00 GMT

Greece’s Consumer Price Index (CPI) rose by 1 percent in June following an increase of 0.6 percent... July 2017 to June 2018 was 0.6 percent. Month-on-month, the CPI rose by 1 percent compared to May’s...) rose by 1 percent year-on-year in June. Month-on-month the HICP increased by 0.9 percent. The overall

Where is Odysseus? Part 1 - Demographics

Thu, 31 Mar 2022 12:02:00 GMT

In 2019, one of us wrote a book[1] about the Greek economy called “The Macroeconomy of Greece... demographics impacts the availability of labor (L). Population. Figure 1 refreshes the population baseline... demographic transition is moving toward an elderly and smaller population. In Table 1, we provide a sample