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  1. Fires latest obstacle to coalition's momentum-building efforts

    PoliticsGreek Politics

    . The developments are another blow to the government, which has struggled to shape the narrative as it would like... to this sequence of domestic challenges, he has not been able to construct a convincing case that Greece is on its way to recovery. The other problem he has is that the media has already started turning

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  2. Newsletter 131 -15/09/2017

    Newsletters

    in the week that three-year licences had been issued for the firm’s Olympias plan, which has been operating... of the first programme review, central bank funding has fallen by 50.41 billion, with around two-thirds... for the fourth straight month Building activity has been on the rise in recent months. Building

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  3. Economic sentiment breaks 100-point mark in Sept, consumer confidence up by 3.3 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    since December 2014. Following the dips in the first half of the year, ESI has improved by 5.5 points..., rising by 3.3 points in September to stand at -53.7. On a year to date basis, the index has gained.... In the year to date, industry confidence has improved by 5 points, services confidence has jumped

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  4. Tsipras hopes to move on after decision on ex-airport project
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government believes that it has overcome the hold-up on the redevelopment of the former Athens... further legal obstacles may lie ahead, Athens clearly believes that it has got over the largest... that if the Hellenikon issue is settled, along with the problems the government has encountered

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  5. Back from the brink: What next for Greece's property market?
    Photo by Giannis Papanikos/Fosphotos

    EconomyFeatures

    in 2013. The trend has been decelerating since 2016, with the rate of -2.4 percent being the slowest..., properties denominated in euros become less affordable. The result has been that estate agents in some... market. The popularity of high-end tourism destinations such as Santorini and Mykonos has boosted

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  6. Tsipras returns from US with positive sentiment but absence of tangible results
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    to attract investment. He argued that his government is simplifying licensing procedures and has passed... just start by saying that I think it has a great role in stability in the area. We have a feeling..., which Washington and the US Embassy in Athens has given much attention to recently. “On energy, we

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  7. Tsipras concludes US trip with focus on geopolitics and investments
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    on Thursday that the deal to upgrade 85-95 of the 160 F-16 jets Greece owns, which has not yet been... to abandon the accession process for Turkey. This is a position that Athens has stressed recently... an opportunity to show the distance he has travelled since then. Questioned about where he stands in political

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  8. Mitsotakis urges ND renewal, challenges PM over surplus
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the creation of a 12-member advisory team that contains several new faces. He has also overseen... of whom are in their 30s and 40s. Mitsotakis has pledged to shake up his party by welcoming in new faces and younger people. This has not gone down well with everyone at New Democracy and remains

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  9. Athens expects 800 mln sub-tranche as review talks progress
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    and is expected to approve the disbursal of the 800-million-euro bailout sub-tranche that has been pending since... in February if it has reduced its arrears in accordance with the agreement it made with the institutions... by the creditors to reach the 3.5 percent of GDP primary surplus target. It has been suggested

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  10. Sub-tranche for arrears approved as round of review talks draws to close
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . The latest disbursement means that the ESM has now paid out a total of 40.2 billion euros to Greece from the third programme, which has an envelope of 86 billion. When the previous bailouts... that has to be addressed is the size of this year’s overperformance and how the government

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