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  1. Institutions prepare for Athens return, completion of fourth review

    EconomyProgramme

    Stability Mechanism to be activated. This point seems to be one of the biggest hurdles that has to overcome... submitted by Tsakalotos at the meeting in the Bulgarian capital, ticking off one of the key

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  2. New increase in flow of refugees to Greece causes unease

    Society

    of May including 350 in one day. The majority of these arrived on the island of Lesvos, where... to more than one party shirking its responsibilities. Greece found itself at the sharp end

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  3. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    in Greece reflected net profits of 32 million euros, excluding one-time employee costs. Pre-provision income (PPI) fell by 55.1 percent quarter-on-quarter (QoQ) to 65 million. When excluding one-off

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  4. Ministers urged to speed up reforms as Athens prepares for lenders to return
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    actions. One of the key deliverables that the government is working intensively... convince the creditors that the majority was not a one-off as this would lessen the chances

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  5. Technical talks progress but debt relief, credit line continue to grate
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that strategic defaulters are not able to obtain protection. One of the measures being put forward... was one of the key deliverables for the fourth review. This apparent progress is in contrast

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  6. Fiscal issues appear settled as Greece and institutions head for review deal
    Photo by MacroPolis

    EconomyProgramme

    There appears to have been a breakthrough in the negotiations between Greece and the institutions regarding fiscal issues, which would remove one of the biggest obstacles towards reaching a staff.... However, he stressed that there would be benefits for Greece if the Fund is on board. “I think one

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  7. Debt relief talks enter final phase, with June 21 as target for deal
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    second opportunity to reach a deal if one was not forthcoming by June 21. The head of the Fund’s... the programme with funding, one of the issues that will then have to be addressed is that, according

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  8. Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    The safeguarding of financial stability is one of the pillars of Greece’s third programme and the Supplemental Memorandum of Understanding (sMoU) has a section dedicated to the banking sector... on the progress achieved so far. The Greek banks have overcome one major area of uncertainty by completing

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  9. High expectations and landmarks on road to privatisations in 2018
    Image via www.thehellinikon.com

    EconomyProgramme

    to the boost in private investment - one of the main drivers for growth in the coming years. Proceeds from... participants by June 15. One of the main privatisation projects in Greece, Hellinikon, the old airport

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  10. Macedonia name deal in hands of Tsipras and Zaev
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    that the settlement reached with Skopje was in Greece’s national interest. No one is certain why Greek Foreign..., Heiko Maas. It should be noted that one day before this meeting, the German Foreign Ministry had called

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