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IMF's outlook on debt unsustainability adds to doubts after inconclusive Eurogroup
EconomyProgrammeto have come under strong pressure to adopt the fiscal measures demanded by the International... would have to be assessed. The disagreement over the contingent measures may be completely... to the local media on the condition of anonymity, Greek government sources said that the IMF’s DSA may
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Newsletter 105 - 03/02/2017
Govt may accept upfront legislation All eyes on Monday’s meeting of IMF executive board A decisive... the last few days that it may back down as part of a compromise with the institutions. Specifically... for a strong economic rebound and, ultimately, lead the country on an upward trajectory. Adverse weather
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Greece searches for balanced deal as talks get underway in Athens
PoliticsGreek Politics-measures proposed by Athens. One report suggested that the coalition may try to convince lenders... threshold. Reports suggest that the ceiling may be brought down to just below 6,000 euros from the current... of handout it made to pensioners in December, but there is unlikely to be strong approval
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Round of talks nearing end with limited progress, serious doubts about March 20 goal
EconomyProgrammesources are saying, the volume of measures to be pre-legislated may end up close to 2 percent of GDP... that it still expects a strong recovery in 2017. On the out-of-court workout, which was also discussed... is possible but, at the same time, suggest that the deal may be reached in time for the April 7 Eurogroup
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Nouy voices concern about impact of uncertainty on banks, rebuffs capital concerns
EconomyBankingthat the time that has been lost may lead to harder and more complicated decisions in the future. They also... of the ECB stress tests in 2018 may not be as good as those under normal conditions. Nouy refuted press... it will be a strong signal to the markets, to investors, to the depositors as well that can go back
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Greece and lenders trap themselves over labour reforms
Agoramay have exceeded 3 percent of GDP against a target of just 0.5) to show that this figure can... reach an agreement the terms of an agreement may be established through arbitration The wise men... and competitiveness, due to slow implementation in the face of strong opposition from vested interests.” All
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Poll spells worse trouble for PM than concerns of party turmoil
PoliticsGreek Politics, provided the bulk of the committee members who signed the statement. Some reports suggest that this may... measures, which parliamentary speaker Nikos Voutsis suggested could take place in early May... in some ways but there is no strong indication that this intra-governmental friction will spill over
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Athens waits for dust to settle after Erdogan's victory in Turkish referendum
PoliticsForeign Policyofficial stamps to be counted. Some analysts claim that Erdogan may appear more moderate and rational... European course may soon come to an end. Before that happens, Athens should reinstate its bilateral... in Turkey. Opposition parties remain strong, with large popular support. Turkish society is however
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Tsipras looks to build political capital from 2016 overperformance
PoliticsGreek Politics. This assurance may go some way to calming any last-minute jitters within SYRIZA about voting the fiscal... will take place in the first two weeks of May. The greater confidence about meeting future fiscal goals... in tax reforms for 2015,” the premier added. Tsipras identified the creation of a strong economy
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Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks
EconomyPositive sentiment prevailed in Greek stock market this week, leading to strong gains of 6 percent as the return of the institutions returned to Athens and optimism about a successful conclusion... yield of 6.6 percent. The ex-dividend date is on May 2. Sarantis holds its AGM on May 3. No other major
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