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More changes needed to unlock private sector's potential, report says
EconomyFeatures. It highlights that the Greek business economy experienced a 38 percent decline in gross added value since 2008..., have left the Greek economy in a particularly poor state, the report underlines. “In comparison to 2008...-intensity and technology in the Greek economy. Although there has been an increase in terms
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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economy– understandably – is dominated by the impact of Covid-19 on the Greek economy, leading to the central bank... segment, the central bank outlines in detail how the virus will hit the Greek economy, meaning that its... slow down further by 0.6 to 1.4 percentage points. BoG argues that although the Greek economy
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Turkey continues Aegean jostling as Athens sends envoy to Syria, renews backing for Western Balkans
PoliticsForeign Policyconditions permit following the pandemic of Covid 19. The Greek foreign minister is to continue talks... Turkish jets which harassed a helicopter carrying Greek Defence Minister Nikos Panagiotopoulos... that Greece will not allow Turkey to “militarise” the Greek-Turkish disputes. “We won’t go
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Newsletter 275 -27/11/2020
final report The Greek government has finalised, and submitted for approval to the European... of the tax service and of Greek businesses, smart transport infrastructure, justice reform, and targeted... of the projects have been on Greek governments’ wish-lists for years due to lack of funding. The specific
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Newsletter 221 -27/09/2019
of GDP, if the Greek authorities go ahead with the implementation of the tax relief measures that the Greek Prime Minister pledged in his Thessaloniki Expo speech. These tax cuts include a reduction... and decreasing the personal income tax entry rate to 9 from 22 percent. The Greek ministry has been arguing
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Kerry positive during Athens visit, shows keen interest in Cyprus and energy
PoliticsForeign PolicyJohn Kerry last Friday. However, the main issues that dominated Kerry's talks with Greek officials... it is operating under. “I want to commend the resilience and the work of the Greek people. As you work your... joint press conference with his Greek counterpart Nikos Kotzias. The US Secretary of State met earlier
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Paddling with a wooden spoon
Agora. Firstly, because throughout the course of the Greek crisis the task of finding whose goals have been... analysis to, again, draw attention to its belief that the Greek programme cannot work as it is designed... to the Greek programme and that the issue of debt relief is kicked down the road far enough so that it does
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Newsletter 100 - 16/12/2016
concerning the Greek economy in the past. Athens made it clear in no uncertain terms... the IMF sees for 2018, and certainly not to legislate for them now. The tension over the Greek review..., strengthening suspicions that Berlin is aligning itself with the IMF’s position on the Greek review
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Athens aiming to step up diplomatic contact with neighbours
PoliticsForeign Policyaiming to inaugurate a new phase of Greek diplomacy which could be summed up as: “dialogue is better than... relations back on track. During his visit to Ankara, Kotzias delivered the invitation on behalf of Greek... the Greek presidency’s initial schedule for the beginning of 2018. Kotzias is said to have held
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankinggrowth prospects. The recent developments in Italy that had a knock-on effect on Greek borrowing costs... is a strong backstop for the long-term sustainability of Greek debt. The medium-term sustainability...) to keep the ‘waiver’ on Greek securities for its financing operations and also consider them for its QE
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