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  1. Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
    Photo by Harry van Versendaal

    EconomyBanking

    , the government also reached an agreement with the institutions regarding the privatisation... chairman Stergios Pitsiorlas appeared optimistic for the completion of a number of privatisation

    11%
  2. Piraeus port law amended, resolving dispute with COSCO over privatisation deal
    Photo via Flickr https://flic.kr/p/4LoFsN

    EconomyCorporates

    Greece has resolved its momentary dispute with Chinese giant COSCO over the legislation linked to the privatisation of the Piraeus Port Authority (OLP). The government made a number of amendments.... Dritsas has openly opposed the privatisation of OLP and his latest reaction now forces Prime Minister

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  3. Regling and Wieser: The key points

    Agora

    of the economy. Privatisations, and not fire sales he said, are needed to make the economy more...: The creation of the privatisation fund and the imminent pension reforms. The ESM director reaffirmed... reforms and the creation of the new privatisation fund. On pensions, Regling pointed out that pension

    11%
  4. EU and IMF bailout drafts confirm conditionality as well as differences on primary surplus

    EconomyProgramme

    , the EU draft is particularly detailed on the privatisations and the establishment of the framework... of the privatisation process of the electricity transmission company (ADMIE) as well as the transfer... estimates that the net savings of 2.5 percent of GDP will achieve a much lower primary surplus target

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  5. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    . In the previous DSA, total proceeds from privatisations were expected to reach 17 billion euros... not allow for optimism regarding real long-term growth in excess of 1 percent. Privatisation proceeds... percent, signalling a convergence with the IMF estimates, which outlined in detail last summer

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  6. Greece reignites energy alliance talks with Israel and Cyprus amid US interest
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    PoliticsForeign Policy

    of President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation

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  7. France and Greece upgrade defence pact as regional and political risks loom

    PoliticsForeign Policy

    and delivering practical solutions. Renewed engagement with Libya The visit of Greek Foreign Minister Giorgos Gerapetritis on Monday to Tripoli, Libya, marked a significant step in revitalising bilateral... was another key topic during Monday’s talks. Gerapetritis noted that flows from western Libya to Greece

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  8. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    increase in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so

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  9. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    entities. Similar to January, the state budget recorded the highest surplus at 852 million, yet

    11%
  10. Greeks express most negative sentiments about economy in global poll
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    survey was conducted in March and April 2017 through face-to-face interviews with 852 respondents

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