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  1. ND moderates catch some flak, suggesting delicate party balance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    came under attack. New Democracy’s Vice President Kostis Hatzidakis, a former minister, published... at the heart of New Democracy, with the party’s other Vice President Adonis Georgiadis seeming... with the measured, sometimes conciliatory approach taken by Mitsotakis. Georgiadis’s approach

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  2. Coalition's ideological contrasts highlighted but Kammenos quashes rift talk
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    tertiary education reforms and the government’s instructions to schools to appoint students as flag... to recalibrate the party’s ties with the church. This reluctance appears to be a result of him recognising that New Democracy’s right-wing supporters would disagree with any such move. After all

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  3. Fitch upgrades Greek rating to B-, sees debt sustainability improving
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Fitch on Friday became the latest agency to upgrade Greece’s long-term credit rating, raising it to B- from CCC with a positive outlook. Fitch believes that Greece’s debt sustainability will steadily... to the private sector. In Fitch’s view, the positive outlook reflects the expectation that the third

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  4. About to soar? Greece's economy still needs to be handled with care
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    Last Friday’s release of the second quarter Greek GDP figures by ELSTAT confirmed that the economy... receipts jumped 11.5 percent. Also on Friday, Markit announced that Greece’s PMI reached its highest... the travel surplus increased by 9.4 percent to 3.17 billion euros. According to SETE’s projections

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  5. Early banks stress tests offered as Greek programme compromise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to Greece’s programme, which was the dispute over whether Greek banks need another round of asset quality... willing to ensure that the IMF’s fears about the strength of Greek banks would be addressed before... but it appears that Greece’s European lenders believe that this gesture will help overcome what appeared

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  6. Athens relieved as ECB and IMF seem to reach understanding on Greek banks
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    EconomyBanking

    and is no longer demanding Asset Quality Reviews (AQR) to be conducted for Greece’s systemic credit institutions... in the previous weeks. The pressure started in July when the IMF’s staff report for the Stand-By Arrangement (SBA) reiterated the Fund’s long-standing position that 10 billion euros of programme

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  7. Tsipras gets approval for gender bill despite coalition partner's absence
    Photo by Ageliki Koronaiou/Fosphotos

    PoliticsGreek Politics

    The government made it through Tuesday’s vote on the draft legislation allowing Greeks to change... any permanent damage despite the fact that SYRIZA’s coalition partner Independent Greeks (ANEL) did... of 148 MPs out of the 285 percent backed all the bill’s articles, including the one allowing Greeks

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  8. Tsipras concludes US trip with focus on geopolitics and investments
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    of his trip: Greece’s geopolitical role and its keenness to attract investment. Although Tuesday’s... his government’s agenda at various levels a day later. He also sought to address the controversy created by the apparent agreement to upgrade Greece’s F-16 fleet for a total cost of 2.4 billion dollars

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  9. Review gathers pace as mission chiefs prepare for Athens return
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    concerns is the sale of 40 percent of the Public Power Corporation’s (PPC) lignite-powered units..., with the lenders demanding that public gas firm DEPA’s share be reduced. Excess surplus The lenders will also want more information about the government’s plans regarding the redistribution of the excess

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  10. Sub-tranche for arrears approved as round of review talks draws to close
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    from the 8.5-billion-euro loan tranche approved by Greece’s lenders upon the conclusion.... Securing the 800-million-euro tranche was one of the government’s key targets for this week. The other... complications. By the end of Thursday, it appeared that the coalition’s hope might materialise, although

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