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Newsletter 101 - 23/12/2016
will soon be required to make difficult political decisions in order for the review to be wrapped up... and credit cards after the imposition of capital controls in July 2015 had a positive impact on VAT
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No fear of the bear? Bilateral economic relations between Germany and Russia
Agora’s executive order from December 30, 2016 against Russia sought to retaliate against efforts... money from one country to another, in violation of money laundering controls and in breach
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Newsletter 126 - 07/07/2017
(NPEs) and the plans to ease capital controls. In conclusion, the BoG reiterates the need for debt relief and policy directed towards long-term economic growth measures in order for Greece to return
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Back from the brink: What next for Greece's property market?
EconomyFeatures. In order for there to be a buzz across the whole market, the banks need to start lending again... controls introduced two years ago exacerbated this trend. Bad mortgages The issue of bad real estate loans
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturescontender for a regional energy hub. In order to fully realise this ambition, however, the onus... controls and recovery in the private sector is elusive, most of these projects are driven
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgramme. In order to meet this commitment, property taxes will be adjusted so that objective values are in line... controls are expected to be relaxed per the agreed roadmap. In the labour market, Greece re-affirms its
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Greek banks push for return to normality
EconomyBankingthis deadline in order for banks to meet their funding needs with their own collateral once ELA funding... products at the height of the crisis, Greece’s banks were further crippled by the capital controls put
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsis considering tabling its development bill alongside the tax bill in order to bolster its reformist... than rely on high surpluses. Stournaras also announced that capital controls would be lifted soon
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Mitsotakis in Berlin with limited expectations
PoliticsGreek Politicscredibility and improving fiscal performance in order to position itself for a potential relaxation of targets.... There has been positive news recently with the decision to lift capital controls, improved revenues
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicspackage in May. “This development necessitated an adjustment of expenditure in order to fulfill... of capital controls, are expected to facilitate the reinstatement of Greek government bonds to investment
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