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PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomywould be subject to stricter conditionality as eurozone lenders would be under strong political... of 2016. However, the report reiterates that the government projection for a strong GDP rebound of 2.7... for a strong economic rebound are not yet in place. In the PBO’s view, only a brave reform effort
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeand strong political resistance in some EU countries on outright debt reduction, delay of debt restructuring... are based though on strong ownership and parsimonious conditionality With the benefit of hindsight... the adjustment more durable and equitable. In addition, Greece needs strong ownership and a number
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyretains its previous forecast for a strong rebound of 2.5 percent in 2017 driven by an upward trend... on the fiscal performance relate to uncertainties about the carry-over effect of the strong revenue.... For the domestic economy to move from recovery to sustainable, strong growth the BoG stresses that a number
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An unsettling role-reversal for Greece and Germany
Agoraloses a strong advocate within Germany for debt relief, although the SPD’s effectiveness in shaping... Grexit as an option during the campaign, made a strong return to frontline German politics. The 12.6.... The strong showing of the AfD is a worry for Greece because the nationalist party was created four years ago
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PMI at 52.1 in October, dropping slightly from previous month
EconomyMacroeconomywas driven by strong domestic and export demand, which increased purchasing activity and output. Higher raw material costs led to higher input price inflation, while strong demand created the capacity... the strong improvement in employment, which also stemmed from greater business confidence, but also
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesit arrives. A strong element of “pipeline diplomacy” is also evident in some of the other proposed projects... landscape in southeast Europe is likely to remain strong enough to see the first wave of projects completed in the early 2020s. At such a point, Greece would meet the physical requirements to be a strong
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Rating agencies up Greece's scores, adding to positive outlook
Economy. As the country started establishing a record of strong fiscal performance, in line with programme commitments... of the “clean exit” without a formal precautionary credit line but strong conditionality for the debt relief. Assisted by the strong fiscal performance and the economic recovery, all agencies see Greece’s
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Europe, the euro and a leader like Putin: survey reveals mixed views of Greeks in 2018
Societystrong, with 66 percent of respondents saying that for them personally, it would be better to stay... of the country. A strong majority (71 percent) also felt that the reform programme was an invention..., 47.5 percent said a strong and qualified political leader was most important, followed by a more
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Newsletter 157 -30/03/2018
exit and capitalising on whatever positive sentiment there is has long been a strong possibility... figure was still above the average figures that were reported during 2017. The strong recovery trend... 104.3 in February, data from the European Commission (EC) showed. February’s figure was a strong
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PMI at 55 pts in March, slowing from Feb but above 50 for tenth month
EconomyMacroeconomyfor an eight consecutive month thanks to strong client demand, although growth in both new orders and demand... in the face of strong foreign demand. Markit analysts commented that March’s growth remained strong
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