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Tsipras clears with relative ease first domestic hurdle to getting deal approved
PoliticsGreek Politics, rather than raising specific objections to the measures the government will have to adopt. Also... simply wanted to register their concerns rather than create a flashpoint and undermine government
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Car sales increase by 43.5 pct in March and 35.6 pct in Q1
EconomyMacroeconomyshare and accounted for more than 84 percent of car sales, while more than 61 percent
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Cyprus talks rolling again but Athens seems sceptical
PoliticsForeign Policymore damage than the “enosis” issue itself. Secondly, the issue of natural gas drillings due to begin... in other issues than its domestic politics. Diplomats with good knowledge of the Cyprus talks do
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The implications of Erdogan's referendum victory
Agorathe repressive apparatus and whip up Turkish nationalism rather than producing the inclusive... more than cultural rights and the deep mistrust between the two sides – due to the repression
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Primary surplus up to 3.9 pct of GDP in 2016, far above target
EconomyMacroeconomy. The government has repeatedly argued that the significantly better than expected fiscal performance... would have been significantly stronger than what we expected for 2016”. However, he stressed
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New overdue tax obligations increase by 989 mln in Feb, stock reaches 94 bln
EconomyMacroeconomyat the end of February, of which more than three quarters stemmed from companies (39.2 billion... than the monthly average of 206 million in 2016. The collection of new tax debt (excluding non-tax
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Credit contraction slows to 1.3 pct in March on net additions of 307 mln
EconomyMacroeconomyof 2011, Greece remains persistently in credit contraction, with the loan balance down by more than one... banks have committed to a sharp reduction in NPEs by more than 40 billion euros by the end of 2019
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Debt relief, MTFS and return to bond markets on agenda after technical agreement
EconomyProgrammethe programme target of 1.75 percent and higher than the 2017 budget estimate of 2 percent. Moreover... on the back of softer than initially expected economic data and indicators largely reflecting the delay
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Mitsotakis responds to coalition's counter-measure challenge with own proposal
PoliticsGreek Politicsimplement counter-measures straight away rather than waiting until 2019 and 2020. During a live interview... than the government, which said it will include the 2 percent of GDP in counter-measures it has
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Newsletter 117 - 05/05/2017
at a slower pace than the previous month, largely amid a deterioration in demand from clients... straight away rather than waiting until 2019 and 2020. Mitsotakis proposed adopting 0.5 percent of GDP
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