Search
-
Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup
EconomyProgrammeMonday’s Eurogroup did not provide any definitive answers regarding the negotiations between Greece and the institution over the 2019 budget but the indications are that Athens will be allowed.... Eurogroup chief Mario Centeno told journalists that the institutions are assessing “exactly how much fiscal
8% -
EU officials suggest frantic days ahead for Athens until March 11 Eurogroup
EconomyProgrammeadded that if Athens does not complete the necessary actions before the Eurogroup meets on March 11... and the Eurogroup to tie up the many loose ends that it seems to be facing. Reports suggest
8% -
Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammeThe third post-programme review, which was due to begin this Monday, has been postponed for a few days as Athens looks to secure the disbursement of nearly 1 billion euros from the Eurogroup on April... hopes it has done enough to get the green light from the Eurogroup on Friday. The legislation
8% -
Eurogroup emphasises limited room for discussion on fiscal targets
EconomyProgrammeThe first Eurogroup meeting after the election of a new government in Greece left New Democracy in no doubt that it faces a real challenge in trying to convince the institutions that the primary... Democracy’s tax plans. Regling’s position regarding the primary surplus was backed up by Eurogroup chief
8% -
Greek govt gears for final Eurogroup of 2019, hoping for better terms
EconomyProgrammeThe Greek government has set its sights on the last Eurogroup of the year, hoping that it will manage to secure from the country’s official creditors higher investment spending through the allocation... for their release at the December 4 Eurogroup, however a final decision on the disbursement and use of the funds
8% -
Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Economywas accordingly raised by 5 billion euros on April 2, following the Eurogorup decision to waive the fiscal
8% -
IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammeAhead of the Eurogroup meeting on Tuesday, the International Monetary Fund published its preliminary debt sustainability analysis (DSA), which was distributed to its Executive Board but was neither discussed nor approved. The report notes that the programme’s initial implementation problems mounted
8% -
Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeThe Eurogroup welcomed early on Wednesday the adoption by the Greek government of most of the required prior actions for the conclusion of the first programme review. A successful implementation of the total set of milestones will unlock the disbursement of 10.3 billion euros in two tranches
8% -
Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
EconomyThe Greek equity market showed two sides this week. Initial prospects for a positive outcome at Thursday’s Eurogroup pushed shares up by 3.4 percent in the first four sessions. However, those gains were erased as the market fell by 3.6 percent on Friday after the inconclusive meeting of eurozone
8% -
Stocks finish week on high after progress at Eurogroup
EconomyThe Greek equity market jumped 2.3 percent this week, mainly led by Friday’s gains of 1.5 percent, in the wake of the outline deal clinched at the Eurogroup and the decision taken for a return of the institutions’ mission chiefs to Athens as soon as possible. Τhe general index of the Athens Stock
8%