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IMF hints at flexibility as debt relief talks continue
PoliticsGreek Politicsa constructive role in securing a better compromise offer for Greece than the one put forward... primary surplus targets of less than 3.5 percent of GDP after 2022. There has been no clear indication... of respondents believe that conservative leader Kyriakos Mitsotakis would make a better prime minister than
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomyfor the second straight month, more than doubling to 659 million in April from 307 million in March... has prevailed in the Greek banking market. The loan balance has dropped by more than 25 percent amid... in NPEs, which as seen decreasing by more than 40 billion by the end of 2019. The bulk of the pledged
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek Politicson Monday that he expects an agreement within June, rather than at the Eurogroup on June 15 specifically... that the government knows it will have to back down eventually if nothing better than the May 22... for QE but also underlined that the deal will have to be more extensive than the proposal tabled
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Greeks tending to shop less often and opt for local products
Societypercent said that they believed that Greek products were safer and of better quality. More than 90... survey and 35.5 percent said that they use more than one source for their household shopping (53.3... slightly by 0.1 percent. Less than half of respondents said that they went shopping with a specific
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What can Greece expect at the next Eurogroup?
Agorawhich went further than the debt relief package outlined in the May 2016 Eurogroup statement. He... the markets would react if Tsipras issues the first Greek bond for more than three years. Unknown... the agreement as something more than a disappointing defeat, which was how the May 22 proposal
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New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
EconomyMacroeconomytime, the number of tax debtors fell for the third straight month, declining by more than 33,600...) eased to 90.76 billion euros at the end of March, of which more than three quarters stemmed from... period, corresponding to an average figure of 275 million per month, which is higher than the monthly
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Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek Politics. If this is the case, Athens will receive around a billion euros more than initially expected and will have more funds... clarity and his suggestion that debt relief will definitely be needed next year, rather than... that will be more robust than the one made at the May 2016 Eurogroup. It is still doubtful, though, that this would
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Newsletter 123 - 16/06/2017
. This was slightly larger than the 7.4 bilion euros initially earmarked for Greece. The instalment.... Meanwhile, the number of tax debtors dropped for the third successive month by more than 33,600... underspend. Primary expenditure came in 791 million lower than target. Gross revenues (revenues
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Eurogroup doesn't end in tie for Tsipras
Agora. It provides some certainty for the years ahead and means lower targets than some of the lenders might... that his government secured some more funding than expected for clearance of arrears, a little more... than Athens would have liked, to be done. It also creates a corridor of uncertainty between now
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Greek and Turkish PMs tone things down, look to new Cyprus talks
PoliticsForeign Policysources, Turkey wants the EU to offer something more significant than just guarantees on the Cyprus... citizens living in a united Cyprus. Still, Yildirim's statement provoked more questions than answers... comment more diplomatically than past statements on the subject from Turkish officials. He said
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