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Brussels highlights lagging reforms ahead of decision on debt relief measures
EconomyProgrammeThe European Commission issued on Wednesday the second review in the content of enhanced post programme surveillance of Greece.
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeThe institutions have put on record their concern about the delays from the Greek side regarding the implementation of the post-MoU reforms just as Athens pledged that it will be ready to legislate a new framework for the protection of primary residences by the end of the month.
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Lenders put spotlight back on pending reforms ahead of second post-MoU review
EconomyProgrammeAs Greece approaches the six-month mark after officially exiting its final bailout programme, the government’s to-do list still remains substantial.
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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgrammeSpeaking at the Capital Link Forum in New York on Tuesday, a day after European Commission official Declan Costello had issued another reminder that Athens must ensure it completes its pending reforms on time, Finance Minister Euclid Tsakalotos appeared confident that there would not be any delays.
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammeAs part of the European semester package, the European Commission issued on Wednesday the first report for Greece under the enhanced surveillance framework that came into effect following the conclusion of the European Stability Mechanism (ESM) programme last August.
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomyThe Organisation for Economic Co-operation and Development (OECD) issued its expectations for how the Greek economy will grow in the near future with the release of its economic outlook, and stressed the importance of Greece sticking to its reform programmes.
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesThe latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide.
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Greece 57th in WEF's Global Competitiveness Index based on new methodology
EconomyFeaturesThe World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell four places in a year, standing at number 57.
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Lenders' visit concludes with no firm answer on pension cuts
EconomyProgrammeThe first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders.
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Mixed picture for government after first day of talks with creditors
EconomyProgrammeA mixed picture emerged following the first day of talks between Greek government officials and the institutions’ mission chiefs in Athens as part of the post-programme visit by the lenders, which began on Monday.