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Athens expects 800 mln sub-tranche as review talks progress
EconomyProgrammeThe European Stability Mechanism’s (ESM) board of directors is due to meet on Thursday and is expected to approve the disbursal of the 800-million-euro bailout sub-tranche that has been pending since the summer. Meanwhile, talks are continuing in Athens between the institution’s mission chiefs
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Sub-tranche for arrears approved as round of review talks draws to close
EconomyProgrammeThe European Stability Mechanism board of directors approved on Thursday the disbursement of the remaining 800 million euros in bailout loans as talks concerning the third review progressed in Athens. The ESM confirmed that the Greek government had overperformed in respect to the target of settling
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Newsletter 137 -27/10/2017
received a boost on Thursday, when the European Stability Mechanism board of directors confirmed
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Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) slipped under the 100-point mark in October to 98.3, compared to 100.6 points in September, European Commission (EC) figures revealed on Monday. October’s figure represents a drop of 2.3 points in the overall index month-on-month. ESI has been improving since May
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Sub-tranche released but PPC poses key challenge in review
EconomyProgrammeThe European Stability Mechanism (ESM) disbursed the 800-million-euro sub-tranche from the Greek programme on Monday as Athens focusses on completing dozens of prior actions in the hope of concluding the third review before the end of the year. The instalment was released by the ESM in the wake
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Retail sales drop by 0.3 pct in August, first negative reading for the year
EconomyMacroeconomyby the European Commission showed that consumer confidence declined slightly after improving for six months
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SYRIZA feeling internal pressure due to handling of refugees
PoliticsGreek Politicsby the European Union that 1,896 asylum seekers, or 4 percent of the total, had been successfully
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Athens eyes ample cash buffer, prepares for bond swap
EconomyProgrammeby the European Stability Mechanism, with the rest being raised from bond issues in the coming months. It has
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Tsakalotos stands ground on taxes, finalises social dividend plan
PoliticsGreek Politicsto agree on a form of post-programme monitoring and suggested that the European Commission would
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Eurogroup marks start of countdown for prior actions
EconomyProgrammewith a primary surplus of 2.2 percent of GDP, the possibility remains that Greece’s European partners
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