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Fourth review nears conclusion, clearing path for debt relief agreement
EconomyProgrammewill not be completed by Thursday but that all sides will accept that the government has taken all... that the EFKA social security fund has at Attica Bank. According to reports, around 60 prior actions have been... of this surveillance has not yet been confirmed but the “enhanced supervision” should be in place for at least
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Lenders set out post-MoU framework with aim of securing reforms
EconomyProgrammecommitments Athens will have to keep to in the years to come. According to what has been published.... It also has to ensure that new state arrears are not created. The government has pledged to reduce.... In terms of social security and welfare, Athens has to complete the creation of the EFKA pension fund
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The tie that binds
Agora.) The frivolity of it all was a poke in the eye for anyone who has suffered over the last eight years Greece has been under its three adjustment programmes, or memorandums, and mired in one of the worst economic crises on record, but was in complete keeping with a government that has often approached
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Loss of MP upsets coalition plans to build on positive momentum
PoliticsGreek Politicsthe coalition has had a close relationship until recently. ANEL called on the lawmaker to prove... it to another candidate. So far, the deputy has indicated that he will continue as an independent... with New Democracy and the fact that she is from Serres in northern Greece, where there has been
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Economic sentiment at 102.5 in June as improvement in subindexes slows
EconomyMacroeconomyabove the 100-point mark. Greece’s economic sentiment reading has remained above 100 for all months... has risen by 8.3 points. Consumer confidence also registered a decline of 1.4 points to -52.4 points in June versus -51 points in May. Year-on-year, consumer confidence has improved by 16.4 points
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Economic sentiment reaches 105.3 in July, highest since June 2014
EconomyMacroeconomy2014 when the reading came to 105.2. Greece’s economic sentiment reading has remained above 100..., the ESI has risen by 7.1 points. Consumer confidence also rose, increasing by 2.5 points to -49.9. Year-on-year, consumer confidence has improved by 11.6 points and by 0.4 points since the start
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ESM releases final tranche of third bailout, boosting cash buffer ahead of exit
EconomyProgrammeThe European Stability Mechanism confirmed on Monday that it has made the fifth and final... be on “progress, justice and growth,” the statement added. The ESM has lent a total of 61.9 billion euros out... as much as 25 billion euros. Along with the EFSF, the ESM has disbursed a total of around 204
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Under relentless pressure from opponents, Tsipras unveils plans for new crisis agency
PoliticsGreek Politics, which has now claimed 93 lives. The presentation was accompanied by a request from Tsipras... euros in funding has been secured for the service, which will be provided with extra staff.... The coalition has already announced a fast-track procedure for knocking down illegal buildings
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Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA
PoliticsGreek Politicsbailout, suggesting the country has a chance to make a new start after completing more than eight years... the government plans to use whatever greater economic freedom Greece has now that it has left behind... in pension spending that has already been legislated. Dragasakis explained that the measure
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Tsipras to set out path for new cabinet as pension discussion looms
PoliticsGreek Politicspresident Adonis Georgiadis led to her being ousted from the party. However, her outspoken style has... of more younger ministers, the cabinet now has 13 women, compared to just seven previously... beliefs. However, critics have pointed out that Tsipras has also increased the size of his cabinet
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