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How Greece sleepwalked off a cliff in 2009, in black and white
Agorahe hadn’t even started the job when the events unfolded. Those assertions do not stand up even... in the second half of the year would be reduced by 4.5 percentage points. The cash deficit up... in the region of 30 to 35 billion or up to 14 percent of GDP, given the dismal figures for September
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Government takes another stab at media regulation among growing scepticism
Societyits implementation on technical grounds. In the run-up to the first tender, New Democracy and PASOK..., a government contractor allied to SYRIZA, failed to come up with the funds for the license after... 35 million euros – significantly less than was raised per license in the last round, but adding up
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Reshuffle scenarios resurface for Tsipras after ministers resign over rent subsidies
PoliticsGreek Politicsin rent subsidies since taking up their positions in the government. It should be noted the ministers... have been stepped up and show no sign of abating. Tsipras is more likely to be concerned, though... April and to wrap up the fourth review in May. Although Papadimitriou’s primary role
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Newsletter 153 -2/03/2018
. Energy Minister Giorgos The government and lenders are aiming to tie up loose ends and sort out... aspects of the debt relief measures being lined up for after the end of the programme in the summer... 23,000 euros in rent subsidies since taking up their positions in the government. They were entitled
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The gruelling final straight of Greece's bailout
Agorato come together if the country’s third bailout is to be wrapped up promptly and successfully... the current government’s (in fact, any Greek government’s) point of view, the prospect of signing up... later that month. This would open up the path for the political decisions on debt relief and the post
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The race to reduce Greece's bad loans
EconomyBankingfour systemic banks have been stepping up action to reduce the stock, most notably by increasing loan... from small and medium-sized enterprises lined up for sale, which are collateralised mainly against... portfolio Eurobank has put up for sale takes the form of loans up to 10,000 euros in credit card debt
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeatures. According to the final budget figures up to August that were released by the Ministry of Finance (MoF..., movement appears to be picking up once more on the privatisation front, though not without controversy... is handling the privatisation of the Egnatia Highway. The concession agreement for the highway had come up
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As budget talks drag on, parties focus on inflicting damage via graft claims
PoliticsGreek Politics-legislated pension cuts can be cancelled, the domestic political agenda is being taken up by the parties... elections. In the absence of a deal, New Democracy has kept up the pressure on the prime minister... leader has built up expectations regarding the outcome of the talks by suggesting recently
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Travel balance rises by 21.4 pct in October
EconomyMacroeconomyGreece’s travel balance edged up by 21.4 percent in October, following a much smaller rise of 0.8... Confederation’s (SETE) annual outlook had predicted that tourist numbers could reach up to 30 million in 2018, but warned of competition picking up in neighbouring destinations. The latest figures from SETE
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Athens waits for response from institutions on primary residences proposal
EconomyProgrammeframework will use an algorithm that will examine whether the criteria – a residual loan amount of up to 130,000 euros, an assessed main residence value of up to 250,000 euros and an annual household... by December 30, 2018. Setting up the platform will be one of the biggest challenges as it will have
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