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OECD highlights reforms and imbalances that need to be addressed
EconomyMacroeconomyprotection system. The depressed wages have also led to in-work poverty rising. The OECD underlines
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Bank stress tests find no capital needs, clearing path for MoU exit
EconomyBankingan amount of 10 billion euros for support of the domestic banking system, which will now be subject
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Greece's antitrust damages initiative comes into force
Legalform or by any means, or stored in any retrieval system of any nature without prior permission
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Pension cuts due in 2019 fuel political battle, election talk
PoliticsGreek PoliticsMitsotakis has spoken of a wider reform of the social security system, bringing in the private sector
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Hirings balance hits record high of 100,246 in April
EconomyMacroeconomyThe employment balance showed a strong improvement in April as hirings outpaced departures by 100,246, data from the Labour Ministry’s Ergani information system revealed. April marks the third consecutive month where a positive hirings balance has been noted in the Greek job market. Compared
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Athens struggles with civil service evaluation, reduction of arrears
EconomyProgrammenot evaluated. This year, it has created an online system for the performance review, aiming to by-pass
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Newsletter 161 -11/05/2018
sustainability an amount of 10 billion euros for support of the domestic banking system, which will now
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Debt relief options pondered as institutions prepare for Athens return
EconomyProgrammethat it will involve three or four inspections per year. There is also the question of whether the new system
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Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgrammeto ensure that the e-auction system continues to be successful. We have seen a clear improvement
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Banks focus on defining challenge of reducing NPEs
EconomyBanking-auction system continues to be successful. We have seen a clear improvement here. Further progress
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