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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammeconcerns that undermine the assumptions for a strong economic recovery in the coming years. The first... course. The Fund argues that upfront debt relief would send a “strong and credible signal to markets
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyoutperformance is largely attributed to an ongoing strong underspend, with primary expenditure 2.06... by 501 million. Following the strong revenue performance in May, the aggregate figures
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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyof 2018. Following two recessionary years, the BoG estimates a strong GDP rebound of 2.5 and 3... is supported by strong tourism, positive prospects in services and trade companies, low wage cost and lack
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Car sales fall 2.5 pct in June after impressive growth in preceding two months
EconomyMacroeconomyof 17,290 recorded in May. As we have previously noted, the strong growth rates in April and May.... The strong growth in sales over the last two years is attributed to the renewal of rental fleets
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Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
PoliticsGreek Politicsdelivery of translated court documents by the Foreign Ministry’s translation service. This sparked strong.... The government’s swift, and strong, reaction stems from the fact that it is conscious it has
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Greek stocks rebound for second straight week and edge up 2.5 pct
Economybillion euros, notably outperforming the target by 3.51 billion on the back of strong underspend... 0.9 percent after the strong rebound of 10.7 percent in the preceding week. They have gained 6.4
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TV permit auction boosts Greek coffers but questions linger
PoliticsGreek Politicsis the son of Christos Kalogritsas, the owner of a construction firm that is seen as having strong... parties to recognise the process following their strong criticism of the tender. He perhaps senses
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Effort to unite PASOK and Potami seems to have hit a wall
PoliticsGreek Politicsdespite PASOK’s strong criticism of the Alexis Tsipras’s administration. It is not clear... the opportunity provided by voters’ strong dissatisfaction with the ruling SYRIZA-Independent Greeks coalition
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Newsletter 93 - 21/10/2016
for a mild GDP contraction of 0.3 percent for 2016 and a strong rebound of 2.5 and 3 percent for 2017... with Russia, strong opposition to the TTIP trade agreement with the USA and the CETA equivalent
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyfrom 640 million in the 8-month period. The strong performance in September is largely attributed.... Nevertheless, the recorded strong underspend mostly reflects: · Social protection (at 608 million
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