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S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015
Economyby S&P and Fitch seem to put further pressure on the government to reach an imminent agreement... government issuing IOUs to pay employees, pensioners and suppliers. These IOUs could circulate
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Newsletter 25 - 08/05/2015
. The Tsipras–Juncker statement suggests that sensitive issues such as pension and labour reforms will be put... arrears to suppliers and vendors, it provides short-term cash relief for the government
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Newsletter 33 - 03/07/2015
is prolonged beyond 7 July, it is certainly expected that this will put further pressure both... is unlikely to en masse favour being part of a national emergency government. The other possibility... by domestic suppliers, public institutions and foreign companies. If we needed to understand how almost
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Lenders agree new loan disbursement, piecemeal approach to debt relief
PoliticsGreek Politicsthe government will reportedly have to lift the protection it put in place for state-guaranteed loans... off its suppliers and others it owes money to. The money that will go towards covering debt
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Newsletter 86 - 26/08/2016
The Greek government was put under pressure this week by the European Commission over the ongoing... on obligations to suppliers, while tax and social security contribution arrears will be paid in full
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New regime on electricity producers from RES/CHP stations foresees further investments in Greek energy market
Legalstations from RES and CHP put into operation in the Interconnected System from 1.1.2016 are included... Suppliers (or charge representatives). The provisions of the new law definitely create a favorable
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Athens struggles with civil service evaluation, reduction of arrears
EconomyProgrammeidentified the June 21 Eurogroup as the date by which they want to put together a global deal... it owes in tax refunds and payments to suppliers. Reducing arrears has proved a bureaucratic challenge
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Third bill on way as Athens looks to autumn reforms, negotiations with creditors
PoliticsGreek Politics. The adoption of the plan, along with the other scheme put forward by the Bank of Greece, is seen... another 127 firms with debts to the state or suppliers as well were also accepted in the scheme. Although
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Government readies up to 2 bln in assistance for shuttered firms and employees
Economy, Staikouras said. But he added that more measures would be put together in the future, according... over the next few months. The finance minister also committed to paying off state arrears to suppliers
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Newsletter 279 - 05/03/2021
hospital and one private clinic, totalling 405 beds, would be put at the disposal of the public health... was in part buoyed by a substantial deterioration in suppliers' delivery times, which would ordinarily
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