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Newsletter 163 -25/05/2018
on Saturday but subsequently did not manage to make a breakthrough on debt relief, although all... that need to be carried out over the next few weeks in order to bring the fourth, and final, review... of Greece’s key creditors, met earlier to discuss the matter in more detail. While European officials
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Eurogroup marks end of cycle and squaring of circle for Greece
Agora20 percent of GDP, in order to give comfort to the IMF and without incurring any additional costs... and fiscal targets are met over the next few years. Liability management We analysed in a recent blog that the IMF is a prime candidate of having all, or parts, of its loans to Greece pre-paid through
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Mitsotakis steps up pressure on coalition over wildfire deaths
PoliticsGreek PoliticsSkourletis, Alternate Citizens’ Protection Minister Nikos Toskas, Attica Governor Rena Dourou (all... that during the night of the fire, authorities made no mention of any deaths when they met... appear sombre, respectful and determined to take action in order to compare favourably
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Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA
PoliticsGreek Politicsnot be met otherwise. He said that this is not the case and that cutting pensions could damage Greece’s... opposition party will do all it can over the coming days to play down the importance of the MoU exit... and voters. “SYRIZA is consistently in favour of a new coalition with progressive forces in order
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingthat in the second quarter (Q2) of the year, Greece’s four systemic banks had met their NPL reduction... average of under 5 percent and the highest of all EU countries. However, numbers still remain high... information made known to the banks in order to identify strategic defaulters. The number of such defaulters
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Athens and lenders search for budget compromise by Thursday's EWG
EconomyProgrammebudget in order to ensure that the fiscal targets are met. Much is expected to depend on the latest... the pension cuts and go ahead with all of the “positive” measures announced by Tsipras at the Thessaloniki
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Getting to the church on time
Agoraopposed to his bid to tinker with Article 3 of the constitution (on the role of the church) in order... in schools. The New Democracy leader also met with the Clerics’ Union on Wednesday to assure its.... For two leaders who were meant to represent something new, this all seems awfully much like the same old
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New Democracy counters SYRIZA's offensive, unveils renewal effort
PoliticsGreek Politics, SYRIZA’s secretary Panos Skourletis met with the Venezuelan ambassador in Athens and expressed... the premier of painting all protesters as extremists. Renewal However, the conservatives also wanted to draw... facing the party if it veers towards the right. The former public order minister said in the wake
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Parliamentary report highlights demographics challenge and urges immediate action
Societyfor all births, not only the first one) was 28.8 years. In 2015, this had risen to 31.1 years. The report... rising number of people would need to be met by a constantly shrinking number of workers... fertility rates but also to keep the aging population in good health in order for them to remain
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammein most other areas, including collection after audits, are being met,” the Commission said. Legislation... or stagnating. Exports, in particular, need to be increased in order to reach the authorities’ export to GDP... that authorities continue their efforts to complete all pending conditions as soon as possible. The report
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