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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammeas part of the regular monitoring cycle of assessing policies and the country’s capacity to repay... concludes that Greece’s capacity to repay the Fund is adequate, and public debt-to-GDP is projected... that a comparative cost-benefit analysis of the proposals by the HFSF and Bank of Greece are needed before proceeding
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Are hirings in the public sector out of control?
EconomyFeatures. “The government is proceeding with thousands of irregular appointments and grantings of tenure, while... payroll overnight simply by not proceeding with renewals. Over 100,000 contract positions were... permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraand the disposable income base of citizens having to repay loans. On all three fronts the outlook... Reestructuración Bancaria’ (Company for the Management of Assets proceeding from Restructuring of the Banking
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First challenges for tourism plan, as public relaxes approach to virus
PoliticsGreek Politics-risk by the EU’s Aviation Safety Agency EASA, and would be under constant review. Theoharis stressed... and safety criteria”, adding, “the EASA list is our guide”. Currently, all arriving international... high-risk by EASA, and allows its citizens to holiday abroad. The US, along with large parts of Italy
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Newsletter 50 - 06/11/2015
proceeds will then be used by the bank to repay the 1.5 billion CoCos it would receive sometime next year... fell and production contracted, albeit at a slower pace. Output levels continued falling in October.... The objective of PPS is ultimately to measure Portugal’s capacity to repay its outstanding loans
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Athens struggles with civil service evaluation, reduction of arrears
EconomyProgrammeto repay its loans if given the appropriate assistance, likening it to the help Germany received... economies can fully repay rescue loans if the repayment obligations are stretched for a long time and do not exceed a threshold of 15 to 20 percent in relation to economic output,” he said
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Newsletter 202 -12/04/2019
perspective, it is reasonable to aim to repay this ahead of time, especially as Greece holds close to 30... sense to repay that because it would strengthen Greece’s debt sustainability,” he said. “Of course... at 1.8 percent of GDP this year, gradually dropping as the output gap closes. The Fund sees
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Domestic factors seen playing role in PM's pick for European Commission
PoliticsGreek Politics. Legislation landmarks The government is also proceeding with a busy legislative agenda in the final days..., journalists and public contractors. Promoting the bill, the government focussed on the automation
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Opposition parties continue to pursue wiretap claims, as surveillance bill passes first hurdle
PoliticsGreek Politicsthe intelligence service EYP to the operation of the Predator spyware via a government contractor... from invoices and bank statements pertaining to the activities of EYP contractor Krikel, which..., transactions totalling 5.3 million euros linked to the government contractor appear to have escaped
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The politics of debt dynamics in Greece
Agoraof the country’s economic output since mid-2008. Only if and when nominal GDP rises faster than the debt... Play. [1] This arrangement does not apply to the IMF. Greece has to repay the Washington-based
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