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No certainties for Athens before Eurogroup as lenders try for debt deal
PoliticsGreek Politicsthat there is a 50 percent chance of a deal at the May 22 gathering of finance ministers in Brussels... eurozone finance ministers set out last May the buckets of medium- and long-term debt relief measures
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The Court of Audit's opinion on new pension cuts and its implications
Legalfor the new Opinion adopted in its Resolutions taken in Plenary Session’s Special Meeting No2 on May... even for basic necessities. Disclaimer All rights reserved. No part of this publication may
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Slight rise of 0.3 pct in March retail sales after strong growth in February
EconomyMacroeconomyin February, which was the highest reading since May 2015. The SA volume index also dropped by 3.7... month and stood at -69.7 in May, reaching its highest level since January. In contrast, the retail
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Another Eurogroup for Greece where all options fell short
Agorathat the relief discussion will have to be within the framework of the May 2016 Eurogroup agreement... to strike the final nail in the coffin by saying that the proposal was actually way beyond the May 2016
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
Economywith a positive outcome at the end of May. AIA SA is a privately managed company with the Greek state... be decided at a later stage. The Medium-Term Fiscal Strategy (MTFS) voted in Parliament on May 18 foresees
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SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicsand the party leadership over the impasse at the May 22 Eurogroup. Understandably, concern about... on May 22 have failed to result in an obvious compromise that would satisfy these two Greek
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Industrial production edges up 1 pct in April after double-digit growth in previous two months
EconomyMacroeconomyconfidence indicator published by the European Commission fell by 4.8 points to -10.4 in May, which... straight month by 1.4 points to 49.6 in May, which is the highest reading since last August.
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Stocks edge down 0.6 pct this week amid soft volumes
Economy. It erased a part of those losses by the end of the week, closing at 782.1 on Friday. Since the end of May... in the previous week. Market news Foreign investors’ inflows stood at 124.1 million euros in May, resulting
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Greece as an energy hub: Reality or wishful thinking?
EconomyFeatures“Energy is the spearhead of Greece’s economic growth policy. The government’s aim is to make Greece a multiple energy hub,” Prime Minister Alexis Tsipras said in May during a press conference... to the ongoing economic crisis. In late May 2017, Greece’s Energean announced that it had signed a deal
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Greece secures next bailout tranche, moves towards deal with lenders
PoliticsGreek Politics, 8.5 billion would still represent a substantial improvement on what was on offer at the May 22... 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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