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  1. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    target for the second straight month by 540 million. Overall, revenues rose by 7.5 percent to 52.96... in the second half of the year, when the personal and corporate income taxes as well as the single property

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  2. ESM board to specify rules on short-term debt relief measures
    Photo by MacroPolis

    EconomyProgramme

    . The second measure relates to interest rate swaps, with the ESM entering into interest rate swap... regarding the second programme review as well as the implementation of the short-term debt relief

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  3. S&P affirms Greece’s rating, outlook remains stable
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    conditions, albeit with considerable lags, and despite the delays in the conclusion of the second... on February 24, while the second rating update by S&P is scheduled on July 21.

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  4. An unfounded argument leaves Greece in limbo
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    , the second review would be more manageable. The IMF believes that the measures that Greece has agreed... demands, lower the fiscal target from 2018 and, with all parties on the same page, conclude the second

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  5. Tsipras dismisses snap polls and new measures as review deal hangs in balance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    efforts to conclude the second review. His comments came as some reports in the local media suggested... to creditors’ demands so it can finish a strong second to New Democracy and still have powerful

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  6. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    to the delay in the conclusion of the second review, the report stresses that the “political time... result in a rapid recovery of the Greek economy as suggested by the performance in the second half

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  7. Athens accepts review's toughest fronts remain open
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    One day after a Bloomberg report cited a memo discussed at the last Eurogroup, which noted that almost two thirds of the second programme review prior actions have yet to be completed, the Greek.... The government is waiting for lenders to detail the minimum requirements needed for the second review to progress

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  8. With review stalled, Athens continues to be coy on concessions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , with SYRIZA in second on 16.8. The 11.8-point gap is one of the widest that a range of recent... a burden but the conclusion of the second review and a move onto steadier ground will help

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  9. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    retirement. At that time the Greek figure was the second highest in eurozone after that of Italy.... The second relates to reviewing the basic pension over the medium- to longer term strengthening

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  10. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece is showing signs of recovery and its economy is expected to strongly rebound as of 2017 if the second programme review is completed, the European Commission (EC) notes in its winter economic... to the Commission’s macro forecasts relate to uncertainties over the completion of the second programme

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