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Parliament's budget office highlights economic challenges beyond bailout
EconomyMacroeconomywill have a recessionary impact on the economy. However, the agreement should be judged by taking..., say Parliament’s experts. The domestic economy will not recover automatically after the first review... decades on reform issues and a flimsy background of public economy that was inherited from the past
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomythat if discussion drags on without any agreement in sight, then the domestic economy will enter... that the reduction in bad loans in imperative with multiple positive effects both on banks and the real economy.... For the domestic economy to move from recovery to sustainable, strong growth the BoG stresses that a number
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Lenders provide words of support and warning regarding debt talks
PoliticsGreek Politicsof uncertainty would be disastrous for the Greek economy and urged the country’s lenders to settle... economy to return to a path of normality and stability,” added the ECB official. He also referred.... “This is the only way for Greece to return to the market and to put its economy on a sustainable
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EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyThe European Commission remains optimistic about the Greek economy’s prospects in its Autumn... to 2.5 percent next year and in 2019. During the first half of 2017, the Greek economy only grew by 0.6... the economy in the second half of the year. The combination of improved consumer confidence
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Tsipras invites Middle East investment at second EU-Arab summit
PoliticsForeign PolicyAnastasiades, the UAE’s Minister of Economy, Sultan bin Saeed Al Mansouri and the President..., delivered an overview of the Greek economy in his speech at the start of the second day. Listing several..., that the Greek economy still had big economic challanges to overcome. “Greece is now facing three stock
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Tsipras eyes four-year term but snap polls an option after MoU exit
PoliticsGreek Politicsthat was on the edge of a cliff, we will deliver a country that is at the core of Europe… and an economy that will be growing, with social justice, which we did not even see when the economy was growing... that the recovering economy will heal some of the wounds caused by SYRIZA’s failed negotiations in 2015
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Newsletter 161 -11/05/2018
between 2018 and 2020, under the adverse the Greek economy would shrink by -1.3 percent his year.... A study this week re emphasised the importance of tourism for the Greek economy by showing that tourism... of tourism to the economy increased by 1.56 billion against a nominal GDP increase of 3.5 billion
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A moment to reflect, not celebrate
AgoraInternational Monetary Fund economists attempted to find policies to turn around a broken economy. Both... history, culture, politics, economy, institutions, society and mentalities. Others just latched onto.... In this polarised environment and as the economy continued to slide, SYRIZA began to build up its
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Falling bank shares prompt coalition to take closer look
PoliticsGreek Politicsa precautionary credit line, was based on greater stability and growth returning to the economy... Greece away from danger. In a statement on Wednesday, New Democracy argued that the Greek economy... Economy Minister Yiannis Dragasakis, who accused New Democracy of behaving irresponsibly in a radio
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The main economic challenges that will define the Mitsotakis reign
Agoracrisis are still evident, the recovery has begun. Albeit modestly, the economy has been expanding... to upset his plans to get the economy to kick on and produce growth rates of around 4 percent rather... last year. A recent study by IHS Markit on the prospects of the Greek economy highlighted that tax
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