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  1. Government faces tight schedule for amendments to bailout legislation

    EconomyProgramme

    stance on the matter. According to the latest official data, state guarantees to state-owned enterprises... actions and the official conclusion of the review, the next steps involve the publication of the relevant... of national parliaments before the ESM takes the official decision for the disbursement of the 7.5 billion

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  2. The joke's on Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    A Greek businessman, a Greek minister, a Greek opposition MP and a German official go... government’s fault,” said the German official before going on to explain the complexity of the current... on the lenders’ side. That leaves the German official to give a balanced take of the situation, admitting

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  3. Bond issue decision expected as clock ticks down
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    media and has not been backed up by any official statements or indications. An unnamed government official told CNN.gr that the government could comfortably swap the five-year bond issue in 2014..., beyond the main aim, which is the IMF meeting,” the official is quoted as saying. It is clear

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  4. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    ) framework due to the majority of Greece’s debt consisting of official sector loans with favourable... horizon under consideration (until 2080 in Greece’s case) to cover the maturity of the official loans...). The Fund does not see any material revenues from the state’s holdings in banks. Official interest rate

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  5. Clean exit under discussion but course of third review holds key
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    its debt commitments in coming months. Speaking to Reuters on Wednesday, a senior government official... official told Reuters that the aim is to conduct two or three issues after the third review has been... official pointed to the redevelopment of the former Athens airport at Hellenikon as one example

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  6. Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    to be completed smoothly and Greece’s official creditors to grant substantial debt relief this year... finances will remain on the path agreed with Greece’s official creditors, reaching and maintaining... or reversal of reforms, declining prospects of debt relief by official creditors and adverse

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  7. Clearer roadmap for completion of third programme emerging
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in Brussels yesterday ahead of Monday’s Eurogroup, a senior EU official said that the programme progress... regarding a possible extension of the current programme, the official expressed his surprise... by Gerry Rice during the regular press briefing on Thursday when the Fund official clarified

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  8. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    partial repayment of existing official loans to Greece by utilising unused resources within the ESM... unused ESM funds from the current programme. The IMF is one of the primary official creditors between... estimates that without any prepayments of the official sector loans a cash buffer of 17 billion would cover

    3%

  9. Moody's explains cautious approach to Greek credit rating upgrade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    authorities deviate from commitments or if tensions with the official creditors emerged, that could put... working relationship between Greece and its official creditors is the common denominator across all... with official creditors on the need for additional pension cuts of 1 percent of GDP in 2019, which

    3%

  10. Fresh reminder about pending reforms for Athens, which remains confident on goals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Speaking at the Capital Link Forum in New York on Tuesday, a day after European Commission official.... The institutions are expected in Athens in late January for their latest progress review. The EU official... their ELA and that deposits are returning,” added the finance minister. The SYRIZA official also

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