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Newsletter 68 - 01/04/2016
Convergence on fiscal gap Government aims for swift conclusion of first programme review The Greek government has broadly converged with the institutions on a fiscal gap of 3 percent of GDP (5.4 billion euros) by 2018, government spokeswoman Olga Gerovasili told a regular press briefing earlier
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Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
Economyon a fiscal gap of 3 percent of GDP by 2018. Upcoming discussions will focus on agreeing
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Range of issues unresolved as programme talks resume in Athens
EconomyProgramme) market and creation of the new privatisation fund. Greece has accepted a fiscal gap of 3 percent of GDP
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Notable drop of 1.5 pct in March CPI
EconomyMacroeconomyterritory for more than 3 years. Since March 2013, when CPI turned negative for the first time
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Greek stocks slip 1.7 pct during week with subdued volumes
Economywas recorded by non-financials, namely: Folli-Follie (+4.7 percent), Aegean Airlines (+3 percent
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Greece expects review to be completed by May 1 despite IMF objections
EconomyProgrammeof 5.4 billion (3 percent of GDP) agreed as part of last July’s bailout agreement have to be implemented
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EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus
EconomyProgrammeand pensioners will pay tax. 3) A series of parametric measures generating savings of 1.2 percent of GDP
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Break in bailout talks leaves question mark over their conclusion
PoliticsGreek Politics. The tender sets the starting price for bids for national TV licenses at 3 million euros each
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Greek ministers still hopeful of reaching deal with creditors this month
Economythat the fiscal gap of 3 percent of GDP will be covered via interventions on income tax, pensions and other
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S&P highlights risks for Greek banking sector
Economy2017. The rating agency reiterates its estimate for zero GDP growth in 2016 and strong rebound of 3
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