Economy
After unveiling growth plan, Athens has fourth review loose ends to tackle
Prime Minister Alexis Tsipras outlined at a cabinet meeting on Monday the growth strategy for the post-programme era, confirming that this task has now been completed and that his government can focus on the other parts of the fourth review that need to be taken care of.
Industrial turnover up by 3.4 pct in March, positive for third month
Greece’s industrial turnover increased by 3.4 percent in March after February’s growth was revised upward to 3.9 percent, Hellenic Statistical Authority (ELSTAT) data published on Monday showed.
March current account deficit at 955.8 mln on improvement in goods balance
Greece’s current account (C/A) balance recorded a deficit of 955.8 million in March, improving against February’s deficit of 1.29 billion, Bank of Greece (BoG) figures showed on Monday.
After fourth review SLA, build-up to May 24 Eurogroup begins
After Greece and the institutions reached a staff-level agreement on Saturday, attention is turning to the implementation of the fourth review’s prior actions and the discussion on debt relief and post-programme monitoring between the creditors.
Greece and creditors reach SLA - legislation of reforms and debt relief talks next
Greece and the institutions confirmed on Saturday that they have reached a staff-level agreement (SLA), which paves the way for a global agreement between all sides by June 21, the date targeted by Athens and the lenders.
Central government debt grows to 343.74 bln in Q1
Greece’s central government debt rose by 15.04 billion to 343.74 billion euros quarter-on-quarter (QoQ) in the first quarter (Q1) of 2018, from 328.70 billion in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday.
Fiscal issues appear settled as Greece and institutions head for review deal
There appears to have been a breakthrough in the negotiations between Greece and the institutions regarding fiscal issues, which would remove one of the biggest obstacles towards reaching a staff-level agreement on May 24.
Primary cash surplus at 7.45 bln in April on revenue growth, lower expenditure
Greece’s central government primary cash surplus recorded a surplus of 7.45 billion euros in the first four months of the year, Bank of Greece (BoG) figures showed on Thursday.
Fourth review talks move along but some obstacles yet to be cleared
Greece and the institutions took another step towards reaching a staff-level agreement on Wednesday as some issues were apparently settled, although much more needs to be done before talks in Athens wrap up on Saturday.
Report on PPC’s viability ruffles feathers and shakes share price
A leaked report by a consultancy firm on the Public Power Corporation (PPC) sent the majority state-owned entity’s stock price falling earlier this week after it raised concerns about PPC’s viability.