Search
-
Piraeus port law amended, resolving dispute with COSCO over privatisation deal
EconomyCorporatesGreece 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
11% -
Regling and Wieser: The key points
Agoraof 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% -
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
11% -
EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
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
11% -
Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof 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
11% -
Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyincrease in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so
11% -
General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyentities. Similar to January, the state budget recorded the highest surplus at 852 million, yet
11% -
Greeks express most negative sentiments about economy in global poll
Societysurvey was conducted in March and April 2017 through face-to-face interviews with 852 respondents
11% -
Travel balance increases by wide margin in June from last year's tourism collapse
EconomyMacroeconomyto 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments
11% -
In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyprevious estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration
11%