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  1. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    as it includes a number of contentious issues such as new privatisations, further reforms... that this forecast is more of a message of optimism rather than a reliable estimate. The PBO notes..., if the optimistic estimates by the government and the European Commission for growth of 2.7 percent

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  2. Newsletter 297 - 21/05/2021

    Newsletters

    to collect nearly 1.8 billion euros from asset development and privatisations in 2021. Should this target... the structured approach of Greek privatisations was introduced, the progamme has collected roughly 6.8... recovery plan through. Privatisation plan seeks to recover lost ground Greece is due to collect nearly 1.8

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  3. IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    of the remaining closed professions, foster competition and facilitate both investment and privatisations.... Moreover, the primary surplus is estimated at 0.9 percent of GDP in 2016, less than half the government’s recent estimate of close to 2 percent, while a marginal improvement to 1 percent of GDP

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  4. Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    level of 5.2 percent. Unemployment will drop to 18.2 percent next year, from 19.6 percent estimate... will court decisions and compensations for natural disasters. Privatisations The Finance Ministry... place and was initially estimated at 7.3 billion euros. Based on the programme methodology, next year’s

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  5. The sale of natural gas firm DEPA and its possible legal complications
    Photo via Flickr https://flic.kr/p/faksxt

    Legal

    a common evaluator for an official price estimate. The evaluation process is expected to take at least... acronym TAIPED) is keen on pushing ahead with the privatisation of the gas utility DEPA... on the fund’s intentions. In essence, this privatisation’s punctual progress is dependent on Shell

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  6. Collapse of DESFA tender adds to Greece’s privatisation challenges
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that the privatisation process of the Hellenic Gas Transmission System Operator (DESFA) has been cancelled after... for the completion of DESFA privatisation was an amendment tabled by former Energy Minister Panos Skourletis... 21, privatisation revenues of 2.59 billion euros are foreseen for 2017, while the sale of a 66

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  7. Privatisation of key northern ports on hold amid strategic rethink
    Photo by Fosphotos

    PoliticsGreek Politics

    of the privatisation programme drawn up with the country’s creditors. The announcement came as the sale... the privatisation fund HRADF had already awarded a concession for a cargo pier at Kavala to a consortium of US... is understood to be part of a bigger plan concerning a number of ports on the privatisation list

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  8. Review gathers pace as mission chiefs prepare for Athens return
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . Privatisations Privatisations are also going to form a big part of the third review as almost a third... have been noted by the creditors. It should also be underlined that the upcoming privatisations also.... It is estimated that at this stage, around 20 of the 95 prior actions have been ticked off. One

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  9. Turkey maintains maritime pressure as Athens and Ankara court Haftar
    Photo by MacroPolis

    PoliticsForeign Policy

    as Chevron’s decision to submit a proposal for two blocks south of Crete despite the Turkey-Libya... spatial planning (MSF) last April, but since then is trying to leverage its footprint in Libya... the Turkish-Libyan memorandum. Belgacem Haftar, the son of Khalifa Haftar and director of Libya’s

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  10. Athens presses Benghazi in bid to block ratification of Turkish–Libyan maritime pact

    PoliticsForeign Policy

    Gerapetritis and Aguila Saleh, president of Libya’s Benghazi-based House of Representatives. The meeting formed part of Athens’ regular contacts with representatives of Libya’s de facto government... of Exclusive Economic Zones among Greece, Turkey, Libya, Egypt and Cyprus. During the meeting, Gerapetritis

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