Negotiations aimed at clinching a staff-level agreement (SLA) between the Greek government and its lenders are due to resume in Athens on Tuesday as doubts remain about how the creditors will resolve their differences over debt relief.
The budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin.
Europe is breathing another sigh of relief after seeing centrist Emmanuel Macron burst through with an unexpected victory in the first round of the French presidential elections on Sunday.
ELSTAT’s confirmation on Friday that the 2016 primary surplus was well in excess of the agreed target appears to have given the government a boost for the time being.
The Greek equity market traded mostly in negative territory this week with very soft trading volumes, dropping by 1.8 percent and ending a 3-week rally that saw cumulative gains of 7.5 percent.
The impact of the economic crisis in Greece on health has been more nuanced than previous reports suggested, research conducted by a team of British and Greek scientists has found.
As both the Justice and Development Party (AKP) and President Recep Tayyip Erdogan are likely to win any upcoming elections, the approved constitutional changes will institutionalizs a populist one-man system equipped with vast additional powers