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  1. Multi-bill passed, sub-tranche released but debt relief expectations dwindling
    Photo by MacroPolis

    EconomyProgramme

    for the last few weeks after being satisfied that Athens has met the targets that had been set... has committed to paying off all its debts to suppliers and making all tax refunds by the end... lenders. It has already become clear that the eurozone is not going to offer the kind

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  2. Eurogroup marks end of cycle and squaring of circle for Greece
    Photo via Fosphotos

    Agora

    the International Monetary Fund, which the eurozone has identified as the ultimate authority on this matter, while... In the current schedule, the different loans that the eurozone has extended to Greece have various... assessment of how the cash buffer would shape up and function. Greece has already received 1.9 billion euros

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  3. Tsipras and Mitsotakis take messages abroad but face disquiet at home
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of Europe, but at the forefront of European developments,” he said after the meeting. Mitsotakis has... that the government has no intention of going back to the days of fiscal profligacy... answer. It is known, however, that the Public Debt Management Agency has been holding talks

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  4. High level of opposition to Macedonia name deal seems to boost New Democracy’s ratings
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    name deal, which has received strong backing from European officials but is proving to be highly... about the political cost of settling a dispute that has lasted more than 25 years because he believes that most of his supporters will applaud him. Mitsotakis has opted for fiercely opposing the deal

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  5. IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
    Image via www.imf.org

    EconomyProgramme

    will incorporate the updated Debt Sustainability Analysis (DSA). The mission concludes that Greece has..., growth has returned and unemployment is on the decline while last week’s debt agreement... to build up capital buffers along with further steps to mitigate liquidity and funding risks. The IMF has

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  6. Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    index has remained positive for three out of the first four months of the year. February has so far..., February has been the only month this year that the volume index fell into negative territory. Compared... has improved by 16.4 points and has fallen by 2.1 points since the start of the year.

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  7. BoG Monetary Policy Report positive on programme end but advises caution for future targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    of the crisis has created new issues that include high public debt, high long-term unemployment... threshold. For BoG, the signal that Greece has turned a corner and the crisis has been overcome..., no one else has achieved what is expected from Greece. In its own DSA, a scenario of higher

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  8. Unemployment rate edges up to 20.2 pct in April as number of employed dips
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    when the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five..., the figure for those employed has also fallen by 1,242. Total employment remained above 3.7 million... in unemployed by 7,698 compared to March. Against the same month last year, the number of unemployed has

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  9. Athens gets first taste of Erdogan's new era in power
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    to its leader. Erdogan has now been in office since 1994, when he was elected mayor of Istanbul... politically isolated) the AKP, or Justice and Development Party, which has been winning elections ever since... have led a stricter type of regime under Erdogan, who has gradually sought to bring the justice system

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  10. Greece-Russia spat intensifies but Athens hopes worst is over
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    by the Russia’s Ambassador to Greece Andrey Maslov that Foreign Minister Sergey Lavrov has cancelled plans... that Athens believes the matter has is now closed but noted that Greece would defend its national... ministry responded by saying that “no one can or has the right to interfere in Greece’s domestic affairs

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