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Tsipras hopes to move on after decision on ex-airport project
PoliticsGreek PoliticsThe government believes that it has overcome the hold-up on the redevelopment of the former Athens... further legal obstacles may lie ahead, Athens clearly believes that it has got over the largest... that if the Hellenikon issue is settled, along with the problems the government has encountered
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Tsipras sets off for USA as prior actions, e-auctions dominate at home
PoliticsGreek Politicsthat the coalition is aware that it still has a lot of ground to cover before the completion... generate new momentum in efforts to promote the recovery narrative that the government has been focussing...) the option of further measures will be raised by Greece’s European lenders. The IMF has also raised
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Back from the brink: What next for Greece's property market?
EconomyFeaturesin 2013. The trend has been decelerating since 2016, with the rate of -2.4 percent being the slowest..., properties denominated in euros become less affordable. The result has been that estate agents in some... market. The popularity of high-end tourism destinations such as Santorini and Mykonos has boosted
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Tsipras returns from US with positive sentiment but absence of tangible results
PoliticsForeign Policyto attract investment. He argued that his government is simplifying licensing procedures and has passed... just start by saying that I think it has a great role in stability in the area. We have a feeling..., which Washington and the US Embassy in Athens has given much attention to recently. “On energy, we
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Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek Politicson Thursday that the deal to upgrade 85-95 of the 160 F-16 jets Greece owns, which has not yet been... to abandon the accession process for Turkey. This is a position that Athens has stressed recently... an opportunity to show the distance he has travelled since then. Questioned about where he stands in political
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Mitsotakis urges ND renewal, challenges PM over surplus
PoliticsGreek Politicsthe creation of a 12-member advisory team that contains several new faces. He has also overseen... of whom are in their 30s and 40s. Mitsotakis has pledged to shake up his party by welcoming in new faces and younger people. This has not gone down well with everyone at New Democracy and remains
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Athens expects 800 mln sub-tranche as review talks progress
EconomyProgrammeand is expected to approve the disbursal of the 800-million-euro bailout sub-tranche that has been pending since... in February if it has reduced its arrears in accordance with the agreement it made with the institutions... by the creditors to reach the 3.5 percent of GDP primary surplus target. It has been suggested
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Sub-tranche for arrears approved as round of review talks draws to close
EconomyProgramme. The latest disbursement means that the ESM has now paid out a total of 40.2 billion euros to Greece from the third programme, which has an envelope of 86 billion. When the previous bailouts... that has to be addressed is the size of this year’s overperformance and how the government
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Coalition seeks to remove review obstacles, turn up pressure on opposition
PoliticsGreek PoliticsDemocracy and its leader, Kyriakos Mitsotakis. The centre-right politician has proposed using... in taxes. The latter has pledged to reduce corporate tax from 29 percent to 20 percent, cut ENFIA...” to support the tax cuts he has proposed. “Will he cut pensions? Will he reduce pay in the public
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IMF adds to calls for no further delays to e-auctions
EconomyProgrammeThe International Monetary Fund has added its voice to those on the lenders’ side calling... their boycott. Meanwhile, Kathimerini newspaper reports that the European Central Bank has asked... with the demands of the third programme. It is believed that an agreement has been reached between
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