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Having failed to resolve differences, Greece and lenders enter new week of talks
EconomyProgrammeAhead of the Eurogroup Working Group due to convene on Monday, the Greek authorities held a teleconference on Saturday afternoon with the institutions’ mission chiefs on the second programme review. From the government, the ministers of Finance Euclid Tsakalotos, Economy Dimitiris Papadimitriou
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Athens sees flexibility on fiscal targets, singles out IMF over role
PoliticsGreek Politics“is not enough to put the Greek economy on a sustainable path.”
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Liquidity and NPL resolution feature prominently in draft deal between Greece and lenders
EconomyProgrammewill be detailed in the technical MoU. Following consultation with the institutions, Economy Ministry
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Greece and creditors feel their way into new round of talks in Athens
EconomyProgrammetheir debt. Economy Ministry sources had noted at that time that the mechanism will not include sole
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomy. Moreover, since cash helps tax evasion and shadow economy, the restrictions imposed on ATM
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Creation of unified social security fund poses new challenge for govt
PoliticsGreek Politicsit as a capitulation that has negative implications for the Greek economy, while in the case
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Provisions of out-of-court workout bill outlined ahead of submission to Parliament
EconomyProgrammeIn an interview with Ethnos daily on Saturday, Economy and Development Minister Dimitris Papadimitriou outlined the key highlights of the draft law on the out-of-court workout that is due to be tabled in the Parliament by the end of January. The mechanism will apply to all indebted companies
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Greece’s M&A market stagnates during recession
EconomyFeatureseconomic momentum gained by the Greek economy “needs to be supported and consolidated through adherence
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IMF's outlook on debt unsustainability adds to doubts after inconclusive Eurogroup
EconomyProgrammethat all participants acknowledged that the Greek economy performed better than expected last year
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Newsletter 104 - 27/01/2017
be. Tsakalotos claimed that all the participants acknowledged that the Greek economy performed better than
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