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Flare-up between Athens and IMF fuels doubts over review breakthrough
PoliticsGreek Politicsthe creditors. Speaking to Bloomberg, Economy Minister Dimitris Papadimitriou accused the IMF of indecision and making “spectacularly” wrong forecasts concerning the Greek economy in the past. All this makes... as the sides seem so far apart on fiscal matters. The Greek government insists, though, that an agreement can
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No fear of the bear? Bilateral economic relations between Germany and Russia
Agorais confident that German investments in the Russian economy reached up to 3 billion euros ($3.3 billion) by the end of 2016. German firms invested nearly 1 billion euros into the Russian economy in the first... the urban centers of Moscow and St Petersburg. German companies’ economic ties with the Far East of Russia
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First day of talks highlights distance that needs to be covered
EconomyProgramme, Economy, Labour and Energy ministers. Although the most important meeting was the fourth one... be reduced from 2019 and pensions from 2020, according to sources. But the two sides are still far... self-employed contributions as a recovery of the domestic economy that will be below the 2.7 percent
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Review talks focus on out-of-court workout, jobs scheme and energy market
EconomyProgrammebe clinched. It is worth noting that the Economy Ministry tabled for public consultation the draft bill on the out-of-court workout on February 21. In addition, Economy Minister Dimitris Papadimitriou... electricity market. Panagiotakis said that the market has not opened up so far because 21 percent
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Survey shows 42 pct of Greek expats unlikely to return
Societyfar, was presented in the context of the 3rd Human Capital Summit in April 2017. The results showed...). Greece’s brain drain comes at a heavy price to the economy. In the countries they end up... make a valuable contribution to the Greek economy need to be identified and effectively mobilised
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek Politics. It is possible that Tsipras will go as far as he can in order to get the best deal available (or to be seen... to the economy means it would be a self-defeating exercise. Tsakalotos’s comments to Reuters suggest... that a disbursement without clarity on debt is not enough to turn the Greek economy around," he said
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Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
Economyprospects and the tentative signs of the economy stabilising, the rating agency noted. On top... measures and considers that the progress made so far illustrates how the risk of Grexit has diminished... economy has definitely turned the corner, positive GDP growth is expected in 2017 after three years
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Rating agencies concur in improved prospects for Greece
Economy. Despite this, Greece is far from investment grade. It is six notches short and finds itself... performance which, combined with the improving economy, will bring the stock and servicing costs of the debt... consistently a source of instability in Greece with substantial spill-overs into the economy
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Newsletter 160 -04/05/2018
Democracy’s wake, at least as far as putting pressure on the government is concerned. Since... would be that the economy would have been afforded a little more time to grow, with potentially more... in 2017 Greece recorded the first year since 2006 that the economy grew in all four quarters, the last
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Growth, not just of the economic variety
Agorato be announced at the beginning of the week. In fact, ELSTAT indicated that the economy grew by 0.8... in 2014 - the last time the economy had started to show signs of recovery - because it was aligned.... One of the less obvious ones involves the media finding a role that lies far from the extremes
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