Search
-
Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyGreece tapping markets after the second half of 2016. Privatisations MoF targets privatisation... (1.3 billion), development of Hellenikon (345 million), sale of real estate and shares (277 million... million). Including 2016 targeted revenues, privatisation proceeds since 2011 would reach 5.37 billion
32% -
Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
EconomyMacroeconomyreflects strong underspend, with primary expenditure coming in 1.19 billion lower than target... in the 4-month period, implying a strong underspend of 1.19 billion compared to the target of 14.23... privatisation revenues and higher tax refunds meant that net revenues fell short of their target
32% -
Coalition suffers space agency misfire
PoliticsGreek Politicson Thursday. It is a 52-member body that operates under the six-member political council. The strong... In the meantime, the process of moulding the merging of Greece’s centre-left into a single and unified
31% -
Technical MoU provides more detail on fiscal brake, arrears and privatisations
EconomyProgrammethat will be transferred to the new privatisation and investment fund. Starting with the contingent fiscal... enterprises that will be transferred to the new privatisation and investment fund. On top of the six companies
30% -
Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomyby 1.51 billion, reflecting a strong underspend with primary expenditure coming in 1.16 billion lower... period showed primary expenditure declined by 4 percent to 19.33 billion, still entailing a strong..., privatisation proceeds remained static month-on-month at 963 million in the six-month period from only 54
30% -
European Commission review of Greek programme: The key points
EconomyProgramme. Privatisations The target for privatisation receipts in 2014 was revised downwards to 1.5 billion from the 3.56... conditions and a strong fiscal performance in 2013. For 2015 onwards, the EC notes it is essential.... Tourism is likely to register another strong year, while the recent negative impact from transportation
29% -
PPC lignite unit bids fall flat in blow to privatisations
EconomyFeaturesto a closely watched privatisation. In December, PPC posted its nine-month results which noted a loss
29% -
Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgrammeprivatisation and restructuring of the Athens public transport organization (OASA). A second list of prior
28% -
Collapse of DESFA tender adds to Greece’s privatisation challenges
EconomyMacroeconomy. This caused a strong reaction by SOCAR, which claimed that this amendment significantly reduces DESFA... that the privatisation process of the Hellenic Gas Transmission System Operator (DESFA) has been cancelled after... for the completion of DESFA privatisation was an amendment tabled by former Energy Minister Panos Skourletis
28% -
Tsipras begins effort to avoid SYRIZA division over deal with creditors
PoliticsGreek Politics’s proposals on the privatisation issue are a little ambiguous. Greece commits to completing the privatisations where the tender process has already been launched. At the same time, though... the government’s handling of the situation still has strong support.
28%