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  1. ESM board to specify rules on short-term debt relief measures
    Photo by MacroPolis

    EconomyProgramme

    The European Stability Mechanism (ESM) said on Thursday that its board of directors (BoD) will meet on January 23 to specify the rules of the short-term debt relief measures for Greece. These rules include the pricing and funding of those measures ensuring that the related costs will only burden

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  2. IMF's outlook on debt unsustainability adds to doubts after inconclusive Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    could not be adopted. In comments after the meeting, Tsakalotos said it was against European

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  3. Retail sales rise at an accelerating pace of 1.8 pct in Nov
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    ) and super markets (-19.5 percent). The latest retail business indicators published by the European

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  4. Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) remained at 95.1 in January, unchanged from the previous month, the European Commission (EC) figures revealed on Monday. This means that the headline figure stayed at its highest level since March 2015, when ESI stood at 97.6. Consumer confidence fell by 3.4 points

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  5. Turkey ratchets up pressure on Greece in wake of extradition ruling
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    chapters in its EU accession process. No European government is willing to agree to these demands due

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  6. Greek-Turkish rift puts strain on Cyprus reunification talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    – according to some sources – requested the legal opinion of the European Commission. Eide tried on Friday

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  7. Athens gears up for deal with lenders, pending news from IMF

    PoliticsGreek Politics

    of the bailout. He said that any new programme, led by the European Stability Mechanism, would need new approval

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  8. With review stalled, Athens continues to be coy on concessions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of efforts by Eurogroup chief Jeroen Dijsselbloem and European Commission President Jean-Claude Juncker

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  9. IMF sees much scope for reform progress, particularly on tax in Article IV report
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Greece’s European partners, the IMF stresses. The report notes that the reform momentum has slowed

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  10. Athens waits for move from lenders to get review going
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in the European Central Bank’s QE programme remains a priority. SYRIZA’s central committee is due to meet

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