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The tie that binds
AgoraA cringeworthy gathering full of symbolism but lacking any substance at the Zappeion hall in central Athens seemed a fitting way to mark the imminent conclusion of Greece’s final bailout and an agreement with the country’s lenders on debt relief. SYRIZA and Independent Greeks (ANEL) MPs gathered
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammein full), debt sustainability under the baseline scenario is restored in terms of GFN-to-GDP ratio
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IMF concludes Article IV consultation, prepares to publish DSA in July
EconomyProgrammeas a staff concluding statement, to the media on Friday. The full staff report will go to the IMF’s
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Newsletter 168 -29/06/2018
the assumption that they are applied in full), debt sustainability under the baseline scenario is restored
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Car sales up by 28.4 pct in June and 28.8 pct in first six months of the year
EconomyMacroeconomyby 21.4 percent and 22.2 percent. According to the full-year data for 2017, car sales doubled
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Budget primary surplus at 617 mln in June as expenditure continues to fall below target
EconomyMacroeconomyby 169 million euros. The full revenue breakdown will be provided upon the release of the final budget
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Government indicates readiness to play waiting game on pension cuts
PoliticsGreek PoliticsThe pension cuts due in 2019 continue to dominate the Greek political agenda, with the latest intervention from a government official suggesting that Athens has no intention of acting on this issue without first reaching an understanding with the European institutions. The Greek media was full
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Greece on track for bumper tourism year, figures show
EconomyFeaturesGreece is anticipating another record-breaking year of tourism arrivals this year according to reports from several industry bodies as well as the Bank of Greece. An estimated 30 million visitors are expected to visit the country this year. Last year, the Bank of Greece’s (BoG) full-year figures
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Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
PoliticsGreek Politicsministers with breathing space despite the full horror of what happened in Mati, a seaside resort
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Newsletter 172 -27/07/2018
that opposition leader Kyriakos Mitsotakis will also demand a full investigation into the incidents
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