Search
-
New round of talks on second review begin with labour reforms high on agenda
EconomyProgrammeand selection of its board of directors by the end of the year, as well as the formation of the fund’s... to HCAP those it does not plan to develop. On the labour market reforms, ahead of Tuesday’s meeting, the Labour Ministry repeated the government’s key priorities in negotiations with institutions, which
2% -
EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek PoliticsTwo of the key players in the negotiations over Greece’s second programme review expressed some... Eurogroup president Jeroen Dijsselbloem responded to questions at European Parliament’s economic... of the week, saying that this is “feasible and in Greece’s best interests.” If Greece fulfils its
2% -
Fiscal dispute dominates as Greece and lenders gear up for more talks
EconomyProgrammethe government’s proposal for lowering of the fiscal targets, as soon as possible, from 3.5 to 2.5... contributions for SMEs. Speaking at the European Parliament’s Economic and Financial Committee... a new fiscal brake being in effect beyond 2018, which could bypass the Fund’s demand
2% -
Creation of unified social security fund poses new challenge for govt
PoliticsGreek Politicsof breakdown in the talks, Kyriakos Mitsotakis’s party will have to be ready for snap elections. Another issue... pensioners. Its creation is part of the government’s bailout commitments but is also seen... a press conference on Tuesday to set out the government’s goals regarding EFKA and pledged that new
2% -
Govt hopes for Feb review deal but opposition readies in case of snap polls
PoliticsGreek PoliticsEurogroup) suits the government as it should have a clearer picture of the International Monetary Fund’s.... In the following days, IMF officials are expected to go to the Fund’s board as part of the Article IV Consultation with the aim of deciding whether it will remain part of Greece’s bailout. Government sources have
2% -
Athens gears up for Cyprus talks, expecting progress rather than agreement
PoliticsForeign Policyunder the Guterres’s presidency. European Commission President Jean-Claude Juncker will lead the EU...’s position on the issue of security and guarantees. It should be noted that Nicosia and Athens want... that will begin in Geneva resembles the one used for Iran’s nuclear program agreement. Leaders discuss
2% -
Athens warms to idea of eurozone going it alone after Schaeuble IMF comment
EconomyProgrammemonetary system. In such a case, the IMF’s role should be assigned to the European Stability Mechanism... would need to be ratified by the German Parliament, Schaeuble stressed. In response to Schaeuble’s... soon.” It is not clear if Schaeuble’s comments were an attempt to move discussions towards
2% -
Decisive week for Greek programme begins with proposal from Athens
EconomyProgrammeon the review front ahead of Thursday’s Eurogroup, from which Greece hopes to emerge with an agreement... Monetary Fund’s participation in the Greek programme, he met with Christine Lagarde in Davos on Friday... that “there are still few issues on the table”. “Let’s be very pragmatic, my priority is not to discuss
2% -
Key fiscal differences lower expectations for Eurogroup
PoliticsGreek Politicsahead of Thursday’s Eurogroup. There has been reports, and rumours swirling in Athens, that Finance... and QE, which it is desperately searching for, it would also test the coalition’s political resolve... government argued at the time that the country’s constitution does not allow this type
2% -
IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeFollowing the International Monetary Fund’s executive board meeting on Monday, the Washington-based... the lessons for the IMF from Greece’s 2012 Extended Fund Facility (EFF). Programme targets The programme... expected to reduce the debt by 20 percent of GDP by 2020. Politics In the report’s view, significant
2%