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Fiscal issues appear settled as Greece and institutions head for review deal
EconomyProgrammea proposal to our Board to make IMF financing available to Greece,” he said. “Discussions are ongoing.... However, he stressed that there would be benefits for Greece if the Fund is on board. “I think one
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeto operate strictly in accordance with market principles while any potential replacement of board... will continue to make every reasonable effort to ensure the compliance of the board members of all
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Draghi sets out QE obstacles facing Greece
EconomyProgrammeby the Eurogroup [on June 21],” he said. “Then we have to wait for the decisions of the EFSF board. Only...,” added Draghi. The European Stability Mechanism’s (ESM) executive board is due to meet on Friday
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IMF sets date for Article IV and DSA as markets mull Greek bonds
EconomyProgrammeRice revealed that the Fund’s executive board is due to discuss issues relating to Greece on July 27... reports per year to our executive board. That involves a number of visits to Greece, engagement
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IMF insists labour market reforms need to be preserved
EconomyProgrammeAhead of the publication of the Article IV consultation for Greece which is due to be discussed by the International Monetary Fund’s (IMF) executive board on July 27, the Fund has reiterated its key... activities. Following the discussion by the executive board at the end of this month, Greece’s
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Last bailout tranche just days away as pension discussion looms
EconomyProgrammebillion euros, to be released. The ESM’s board of governors approved on Wednesday the supplemental Memorandum of Understanding, which was last updated in March this year. “This paved the way for the Board
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No final word on pension cuts as lenders prepare for return to Athens next week
EconomyProgrammefor the Eurogroup meeting in Vienna. It is still not clear that there is across-the-board support... on Wednesday, European Central Bank executive board member Benoit Coeure said he did not want to comment
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After Kotzias departure, Tsipras hopes for clear path to elections
PoliticsGreek Politicswas more concerned about keeping on board his coalition partner rather than his experienced and active... Kammenos on board and the coalition united. This is why there could only be one winner in the contest
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Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
EconomyBankingboard on Sunday and centres around a merger with the property company Grivalia Properties... million will also be distributed to Grivalia’s employees and board of director (BoD) members
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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeatureson Friday by PPC’s board. This will decide the next steps, which will include a discussion between Energy Minister Giorgos Stathakis and DG Comp. During PPC's board meeting, the new bid will be reexamined
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