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Newsletter 111 - 17/03/2017
review deal The best that The best that Greece can hope for from Monday’s Eurogroup meeting.... after 2018) in April. For the time being, the Greek government’s focus is on trying to settle all... shot down by the prime minister’s office. Primary surplus beats target in Jan-Feb Overdue taxes hit
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammeGreece and its lenders head into Monday’s Eurogroup with differences on several key issues... as many differences as possible ahead of Monday’s Eurogroup. However, despite the convergence... unions as well as the adoption of lockouts. Moreover, the IMF strongly opposes the government’s proposal
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Athens and lenders stay mum on agreement, domestic reaction awaited
PoliticsGreek Politicsat an event organised by Parliament’s Budget Office on Tuesday, Finance Minister Euclid Tsakalotos... and the institutions have reached an agreement over the sale of 40 percent of the Public Power Corporation’s... by the lenders but he also felt reassured by Tzanakopoulos’s comments on Tuesday that the coalition’s aim
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Tsipras eyes euro summit if new plan to break deadlock fails
PoliticsGreek PoliticsIn an apparent attempt to bring negotiations with Greece’s lenders to a swift and positive... of eurozone leaders to break the deadlock in the talks if Friday’s Eurogroup proves inconclusive. Tsipras... at Friday’s Eurogroup. He called on eurozone finance ministers to broker a deal that would end
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New Democracy's internal disputes continue to pester Mitsotakis
PoliticsGreek Politics. One of the government’s reasons for wanting to probe the health sector is to put pressure... on Georgiadis a rift may be created within the opposition party. As a result, Papakosta’s apparent questioning of Georgiadis was seen as playing into the government’s hands. However, it seems
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HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
Economycorresponds to a premium of 67.4 percent on OLTH’s current market capitalisation of 206.74 million. The premium is similar to that paid by COSCO’s in January 2016 for the acquisition of a 67 percent stake in OLP. Specifically, COSCO’s offer stood at 368.5 million, which corresponded to a premium
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Coalition MPs and multi-bill clear first hurdle as tension builds
PoliticsGreek PoliticsCoalition MPs passed on Tuesday their first test ahead of this week’s final vote on the multi-bill as tension builds ahead of Thursday’s ballot. Following a two-day discussion of the measures... it will not be the first general strike during the SYRIZA-led coalition’s tenure, it will undoubtedly make
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No certainties for Athens before Eurogroup as lenders try for debt deal
PoliticsGreek PoliticsGreece goes into Monday’s Eurogroup without any certainty that its lenders will arrive at a common... and other Greek officials have been stressing that there is still a chance that Monday’s meeting... surplus target will remain in place and what Greece’s growth trajectory will look like
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Lenders provide words of support and warning regarding debt talks
PoliticsGreek Politicsviews about the country’s programme and the prospects of concluding the review in the coming days... of uncertainty would be disastrous for the Greek economy and urged the country’s lenders to settle... at all the relevant information. The IMF’s debt sustainability analysis will be an important input
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Greece eyes higher growth as possible catalyst for Eurogroup deal
PoliticsGreek Politicsfor an agreement with creditors at the June 15 Eurogroup on the possibility of the country’s growth.... The first reference to this idea was made during Wednesday’s regular press briefing by government spokesman... relief measures will need to have. Greece’s European lenders and the International Monetary Fund were
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