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IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
EconomyProgrammebargaining. That said, the Fund notes that more ambitious targets should be set on those fronts... in the de facto liberalisation of the product markets and closed professions that will strengthen
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Athens steps up diplomatic efforts amid ongoing friction with Ankara
PoliticsForeign PolicyDe Gaulle, in the East Med. Greece is also hoping to wrap up a Greek-French defence agreement... military equipment as well. The issue is complex as the criteria set by the Navy General Staff
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Newsletter 260 -31/07/2020
positively but is also expecting to see real signs of de-escalation. The Greek government... away. According to an index set up by the Hellenic Chamber of Hotels (HCH) that monitors 500 hotels
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Newsletter 266 -18/09/2020
discussion about whether the authorities acted promptly, New Democracy unveiled a set of tax breaks... at least on the foreign policy front, although it may prove a brief respite rather than a long-term de
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Athens displeased with EU Council outcome, faces pressure for talks with Turkey
PoliticsForeign Policymediate in the Greek-Turkish crisis, which aimed to de-escalate tensions in the East Med. This has... Macron’s vocal criticism of Turkey appeared to be set aside last Thursday. Government sources in Athens
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Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingmilestones that set the foundations of the next day for Piraeus Bank.” “We are taking another major step forward in the de-risking agenda we have been rigorously pursuing over the past years, allowing us
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S&P holds off on new rating upgrade, ECB holds key to investment grade
Economyupgrades if the reforms implementation continues with tangible results, the debt ratio de-escalates... purchase programmes. The Greek authorities have set a target of securing the investment grade
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Newsletter 323 - 14/01/2022
that there will be a “de-escalation” in the coming weeks. He likened Omicron to a “summer storm.” The PM also labelled.... This set a trend that continued all the way to the latest release by ELSTAT where the increases
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Athens encouraged by agreement on EU's Strategic Compass
PoliticsForeign Policy, annual defence spending exceeds 2 pct of national GDP, a goal that is set out in the Compass... to follow a path of cooperation, consistent de-escalation and to respond to the adequate concerns
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek Politics. The better-than-expected fiscal performance combined with a de-escalation in energy prices look likely to give the government more freedom to utilise the 1 bln euros of cash reserves that it set aside
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