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  1. Commission sees lower Greek financing needs, provides timetable for course of programme

    EconomyProgramme

    Along with an updated debt sustainability analysis (DSA), the European Commission’s (EC) compliance report for the first programme review included an update on Greece’s financing needs. The European... as part of the programme envelope. The report notes that Greece’s current projected financing needs

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  2. Piraeus port sale setback troubles Tsipras ahead of China visit
    Photo by Harry van Versendaal

    PoliticsForeign Policy

    privatisation and Greece’s commitment to the implementation of the key pledges incorporated in the third... of “legal and technical improvements” that would alleviate COSCO’s concerns. The concession... has been openly opposed to OLP’s sale and has been widely accused of trying to obstruct the process

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  3. Coalition's proposal for PR electoral system unlikely to clinch supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    . The coalition’s proposal centres on three key themes: · Scrapping the 50-seat bonus for the winning part... led to several parties declaring their opposition to the government’s plan. New Democracy (75 MPs... stance until Saturday, when its leader Fofi Gennimata labelled the government’s proposal a “spasmodic

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  4. Tsakalotos confident on meeting fiscal targets, sees capital controls being gradually relaxed

    EconomyProgramme

    Tsakalotos appeared confident this year’s primary surplus target (0.5 percent of GDP) will be met... in the European Central Bank’s quantitative easing programme would contribute to improving depositor sentiment. On the International Monetary Fund’s participation in Greece’s bailout programme

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  5. Coalition goes in search of deciding votes for electoral law, prepares more legislation
    Photo by MacroPolis

    PoliticsGreek Politics

    and the coalition’s proposals for changes to the constitution, which the premier is expected to present on July... Tsipras is expected to make is a substantial increase of the Greek president’s powers. Reports suggest... against the government’s proposal. Interior Minister Panayiotis Kouroublis did not rule out completely

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  6. Net job hirings hit 33,608 in June, highest since 2001

    EconomyMacroeconomy

    in June 2016, up by 25,018 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data displayed on Friday. Moreover, this year’s figure is the highest... of hirings and almost 16 percent of departures involve those aged between 15 and 24 with this age group’s

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  7. Greece treads carefully, hoping to avoid blowback from failed coup in Turkey
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    and face future action at the European Court of Human Rights. Right from the start, the Greek government’s... not eligible for asylum and underlining Greece’s desire to stay out of Turkish domestic matters. On the other... night’s dramatic events. Fortunately for Greece, Turkey’s Foreign Ministry adopted on Sunday a milder

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  8. PASOK and Potami strengthen basis for cooperation
    Photo from http://topotami.gr/

    PoliticsGreek Politics

    in this way the new alliance in some way to draw a line under PASOK’s troubled past and Potami’s... out of the party’s 10 remaining lawmakers did not completely follow the party line in last Thursday’s vote on changing the electoral system. Potami had decided to oppose all the new law’s provisions

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  9. Greek stocks remain flat during week, banks underperform

    Economy

    to the previous week’s closing. S&P affirmed last Friday evening Greece’s ‘B-/B’ ratings with a stable... million, while EBITDA grew by 13.5 percent to 119.5 million. Jumbo’s Extraordinary General Meeting... to paid on August 4. NBG said on Monday it fully paid back pillar II bonds. Thus, the government’s

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  10. Political leaders weigh up next moves in August lull
    Photo by MacroPolis

    PoliticsGreek Politics

    positions that are more complex than simply opposing the government’s austerity policies. Part of Tsipras’s plan appears to tease PASOK and To Potami out of their own discussion about future cooperation... together. The small opposition party’s leader, Vassilis Leventis, strongly backed the switch

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