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  1. Newsletter 134

    Newsletters

    included in the MTFS, which was only submitted in mid-May. Total revenues have been downward revised from... The government has acknowledged that the fiscal targets of the 2018 draft budget may be hampered... billion euros. Direct taxes estimates for 2018 have also been downward revised from the May MTFS

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  2. Newsletter 138

    Newsletters

    form of monitoring, which may not be palatable to some in the eurozone, including the next... percent posted in July. The latest figure is the lowest reading since May. Breaking down the numbers... in the overall index month-on-month. ESI has been improving since May this year after the successful

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  3. Newsletter 142 -1/12/2017

    Newsletters

    to a botched deal to sell ammunition to Saudi Arabia, but it may not yet have weathered the worst... and that the Saudis may have decided to only take 100,000 shells, with the remainder secretly going... by compliant media, that many observers find reminiscent of the 1980s. More accusations of scandals may

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  4. Newsletter 149 -2/02/2018

    Newsletters

    nationalist supporters, he may decide the least bad option he faces is to withdraw from the current... for the current issue, one of the concerns the coalition has going forward is that investors may see more.... As such, the Greek exercise is seen lasting three months and the results should be available in May

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  5. Complications over reforms cast doubt on June target for global deal
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyProgramme

    deal between Athens and the lenders may have to wait until July, rather than June. More than 70... being reached at the July 12 Eurogroup may be more likely than at the June 21 meeting of eurozone finance ministers that has so far been the target for all sides. Nevertheless, it may be the case

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  6. Are hirings in the public sector out of control?
    Photo by MacroPolis

    EconomyFeatures

    rule, the annual window of measurement may obscure lags between the two sets of figures. For instance... may conceal deeper structural issues. Hiring criteria for fixed-term contract positions have... the public interest. In some cases, we may simply be witnessing the effects of crisis decision-making

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  7. Debt, fiscal path still divide lenders ahead of Washington Group meeting
    Photo by IMF https://flic.kr/p/zBf1FT

    EconomyProgramme

    to return to Athens in early May to start preparing for the completion of the fourth review. The initial date proposed for staff-level agreement to be reached (SLA) was the Eurogroup meeting on May 24... on time) by May or June, the institutions also have to reach an agreement on a range of issues

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  8. Newsletter 160 -04/05/2018

    Newsletters

    are to hold them at the same time as the European Parliament elections in late May 2019 in order... to bubble over in such a way now. It may just be a chance occurrence or, more likely, it is part... that the performance of private consumption suggests that “households may be more financially

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  9. Lower yields for short- and long-term borrowing boost Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May... ground since. The yield was at 4.09 percent on May 10. Before the programme is completed in August

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  10. Debt relief options pondered as institutions prepare for Athens return

    EconomyProgramme

    , will be on the fourth review but discussions are continuing in the background on what debt relief measures may... confirmed that the creditors are due back in Athens on May 14. It is expected that their visit will last.... Either way, there is much for Athens to do between now and the May 24 Eurogroup, when Greece and its

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