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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... 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

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

Mon, 05 Oct 2015 08:29:00 GMT

. The current set of prior actions involves: 1) Integration into the Unified Auxiliary Insurance Fund (ETEA) by September 1 of all supplementary pension funds, which will be only financed by own... to the banking sector to “safeguard financial stability” include: 1) Finalisation of a comprehensive

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

, the tax-free threshold for families with two children is set at 9,090 euros. It remains unchanged... 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

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.... It is worth asking what happened to Odysseus and his people who set off on their journey in relatively... demographics impacts the availability of labor (L). Population. Figure 1 refreshes the population baseline

Review set to resume in Athens as debt talks drag on

Mon, 24 Apr 2017 06:43:00 GMT

the 1 percent of GDP in pension cuts that will have to be implemented in 2019, the 1 percent of GDP..., the fiscal gap for 2018 and a range of other minor issues. The aim is to conclude the SLA by May 1... Ministry official, who told local media that discussions on debt relief are set to continue

Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln

Tue, 26 Aug 2014 12:43:00 GMT

low of 400-500 million recorded in April and May. The first-half target of legacy debt payments of 1 billion euros set by the Ministry of Finance (MoF) was almost met since the actual figure stood at 994 million. The MoF aims to collect an additional 1 billion euros in the second half of 2014, which

Lenders set to keep coalition waiting for answer on pension cuts

Tue, 25 Sep 2018 12:20:00 GMT

the draft budget, which the Greek government is due to table in Parliament on October 1 and then send.... This meeting is set to take place in the wake of the institutions issuing their first post-programme report... about whether the 1 percent of GDP reduction in pension spending is still needed or not. The European

Greece faces tight deadline for second set of milestones, first review looms

Fri, 04 Dec 2015 08:59:00 GMT

The Greek government has until December 11 to complete the implementation of the second set of milestones so it can receive the next sub-tranche of 1 billion euros, an EU official told Kathimerini... the implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs

Lenders set out post-MoU framework with aim of securing reforms

Wed, 20 Jun 2018 08:55:00 GMT

Details of the post-programme framework that is set to be agreed at Thursday’s Eurogroup, ensuring... in Kathimerini and Bloomberg set out the details how the enhanced surveillance will be structured and what... of around 1 billion euros to be released in June, although there is a possibility that two sub

Govt brings energy saving to forefront as cost of support set to skyrocket

Tue, 06 Sep 2022 10:48:00 GMT

following the news that the NordStream 1 pipeline is to be shut off indefinitely. With the EU’s energy ministers set to meet on September 9 to discuss bloc-wide interventions, the government in Athens... leading up to the TIF announcements, however energy is set to absorb the lion’s share of spending