Search
-
Doubts about whether package deal with lenders is feasible by June
EconomyProgrammereported that an unnamed European official has suggested a final agreement on the review, debt relief... states, but it is also not likely that the option has completely been removed from the table. Should... time that the EU official has suggested that the process may be delayed. Tranche released
2% -
Final decision on 2019 fiscal measures still a few weeks away
EconomyProgrammewith the program in Greece”) as a sign that the Fund has take its decision to join the Greek programme. However... remains the same as it has been for many months. On the debt relief front, Rice indicated that the pace of discussions has picked up in recent weeks. “What I can say is that technical work
2% -
Greece seeks better relations with Albania as wariness of Turkey grows
PoliticsForeign Policyhas tried to tone down the rhetoric used in an official announcement from his office on Sunday, which... made by Erdogan. In most cases, the government has avoided firing back at the Turkish president... taking place. Any agreement will have to be approved by Albania's Constitutional Court. This has
2% -
Mixed messages on foreign policy put coalition under pressure
PoliticsGreek PoliticsMinister Alexis Tsipras has asked Kotzias not to publicly question or go against Kammenos due to fears... that SYRIZA is trailing New Democracy in the polls by some distance, Tsipras has to consider other.... “The Movement for Change has chosen to walk its own, distinct path so that it plays a leading role
2% -
IMF raises forecast for primary surplus but differences with European lenders remain
EconomyMacroeconomyfor the Fund to join the Greek programme. The IMF has been consistent in its view... has committed to further pension reforms in 2019 and tax reforms in 2020, although there is some... picture for 2018 will be more solid. At the same time, the view of the eurozone has been clear
2% -
Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammeactions that Greece has to carry out have not been completed so far. Should there be a delay, the aim... and the creditors into July, just a few weeks before the end of the third bailout on August 20. There has... to settle is on the fiscal side, where the IMF has so far indicated that it believes Greece will have
2% -
After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
EconomyProgramme-free threshold as well as cut pensions. It also has to avoid implementing any of the compensatory... settling the debt relief and fiscal issues, this also means that Athens has to progress with its..., the preparatory work for dozens of others has been done and they will soon be ticked off the list. It is however
2% -
Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek PoliticsEntering the final stretch of negotiations with the institutions, Prime Minister Alexis Tsipras has...,” he told lawmakers. In essence, this is a reaffirmation of the message that Tsipras has been sending... that Tsipras often visits in his speeches and is still one of the most potent tools he has in bringing his
2% -
Over one in five Greeks struggled to make ends meet in 2017
SocietyNew data from Eurostat has revealed that over one in five Greeks is classed as severely materially... is therefore the first time in seven years that the rate has gone down rather than up, but still means...). Households reporting pensions as the main source of income has risen compared to last year’s figure
2% -
Institutions prepare for Athens return, completion of fourth review
EconomyProgrammeStability Mechanism to be activated. This point seems to be one of the biggest hurdles that has to overcome... they can be” the better. The ECB has also advocated Greece taking out a precautionary credit line.... The central banker also stressed that although progress has been made on electronic auctions
2%