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Series of failures provide opposition with platform to put pressure on PM
PoliticsGreek PoliticsAlthough it is still largely absorbed by its leadership contest, which is not due to conclude until early September, recent events have prompted SYRIZA to take a more aggressive stance regarding Kyriakos Mitsotakis’s premiership. The left-wing party was...
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State braces for losses as bank divestment plan is put into action
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) formally launched last week the process of divesting its small participation in the share capital of Eurobank. This set in motion HFSF's plan to dispose of its holdings in the four systemic banks, bringing to...
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Athens not put out by Turkey-Egypt rapprochement, but watching closely
PoliticsForeign PolicyAthens is assessing the results of the historic meeting between Turkish President Tayyip Erdogan and his Egyptian counterpart Abdel Fattah al-Sisi on Wednesday, in Ankara. The two leaders discussed ways to further repair the long-frozen ties between the...
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Newsletter 22 - 03/04/2015
After successfully covering its funding needs in March, which, at 2.2 billion euros (excluding... director Christine Lagarde would have a month before needing to report this to the board and put... tax. Beyond that, the reforms put forward by Athens are seen as “aspirational” (in fiscal terms
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Newsletter 88 - 16/09/2016
of that, the creditors appear to have put a stop to some of the government’s plans, such as allowing businesses... is trying to put pressure on the central bank chief. Anti-corruption prosecutors raided the office... The single property tax (ENFIA) due in 2016 stands at 3.18 billion, 2.2 percent lower than last year’s
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Newsletter 103 - 20/01/2017
in VAT Tsipras is unlikely to bring up the prospect of snap elections unless he feels he has been put... put in an untenable position. Capital ratios to remain high after NPE fall Italian Ferrovie signs... edged up 2.2 percent to 42.22 billion. Meanwhile, interest payments decreased by 14.8 percent
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek Politicsbeing put back to the next gathering of eurozone finance ministers on June 15. Eurogroup chief Jeroen... a 3.5 percent of GDP primary surplus from 2018 to 2022 and then 2 percent from 2023 to 2060 or a 2.2... on debt relief will put some extra pressure on Prime Minister Alexis Tsipras and his government
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Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Economypercent and 2.2 percent for 2018 and 2019 respectively, but with a much higher degree of confidence... to private sector. Against the expectations, the rating path would be put at risk if the Greek government... creditors that would put the euro area's support and commitment for further debt relief in question
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Rating agencies up Greece's scores, adding to positive outlook
Economy, seeing growth reaching 2.6 percent, with Moody’s more conservative at 2.2 percent. The political... the expectations, the rating path would be put at risk if the Greek government decided to deviate from its commitments and reversed reforms, leading to tensions with official creditors that would put
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Newsletter 166 -15/06/2018
property tax after the new objective values put together by evaluators were taken into account. According... by 3.2 percent after a slight decrease of 2.2 percent in the previous month. The volume decreased by 1.4... as of Q1 2007. Unemployment rate stable at 21.2 pct in Q1 Latest figures put quarterly unemployment
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