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Lenders provide words of support and warning regarding debt talks
PoliticsGreek Politicsof uncertainty would be disastrous for the Greek economy and urged the country’s lenders to settle... economy to return to a path of normality and stability,” added the ECB official. He also referred.... “This is the only way for Greece to return to the market and to put its economy on a sustainable
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EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyThe European Commission remains optimistic about the Greek economy’s prospects in its Autumn... to 2.5 percent next year and in 2019. During the first half of 2017, the Greek economy only grew by 0.6... the economy in the second half of the year. The combination of improved consumer confidence
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Tsipras invites Middle East investment at second EU-Arab summit
PoliticsForeign PolicyAnastasiades, the UAE’s Minister of Economy, Sultan bin Saeed Al Mansouri and the President..., delivered an overview of the Greek economy in his speech at the start of the second day. Listing several..., that the Greek economy still had big economic challanges to overcome. “Greece is now facing three stock
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Tsipras eyes four-year term but snap polls an option after MoU exit
PoliticsGreek Politicsthat was on the edge of a cliff, we will deliver a country that is at the core of Europe… and an economy that will be growing, with social justice, which we did not even see when the economy was growing... that the recovering economy will heal some of the wounds caused by SYRIZA’s failed negotiations in 2015
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Newsletter 161 -11/05/2018
between 2018 and 2020, under the adverse the Greek economy would shrink by -1.3 percent his year.... A study this week re emphasised the importance of tourism for the Greek economy by showing that tourism... of tourism to the economy increased by 1.56 billion against a nominal GDP increase of 3.5 billion
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Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
Economyappears firmly anchored with the reforms starting to bear fruit. The economy is gaining strength... and creditors backing. The ongoing reform effort is slowly starting to bear fruit in the economy that has become..., with the economy finally showing signs of recovery. In Moody’s view, Greece has achieved substantial
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IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
EconomyProgrammefor Greece and its assessment of the condition and prospects of the Greek economy. Combined... administration is facing an ‘uphill battle’ on the growth front as the economy is still burdened by crisis... effective exchange rate is overvalued, which keeps the economy sensitive to internal and external
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomythose published by the Commission on Wednesday, with the Greek authorities seeing the economy growing..., the Greek authorities anticipate that some of its tax cuts will cascade into spending in the economy... economy will reach 197.32 billion euros in 2020, from 190 billion this year. Employment will grow
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Greece braces for recession, hopes to bounce back from summer onwards
EconomyThe extent of the damage that could be inflicted on the Greek economy as a result... on the economy, the government plans to expand the scope of companies that will be eligible for support... for the Greek economy and now see it contracting by 1 to 8 pct this year. Capital Economics sees economic
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economywill further boost liquidity in the economy. We welcome the ECB's decision to accept Greek government bonds as collateral in the Eurosystem, a move which will further boost liquidity in the economy. Acting... of the Eurosystem, which will support credit to the economy by easing the conditions for the use
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