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Athens ticking off prior actions one by one as EU keeps close watch
PoliticsGreek PoliticsEuropean Economic and Monetary Affairs Commissioner Pierre Moscovici is the latest EU official to visit Greece and check on the government’s progress in completing the tasks it has been set by lenders before the first review of the bailout programme lat...
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Some movement on Greece's name dispute but solution still long way off
PoliticsGreek PoliticsThe name dispute with the Former Yugoslav Republic of Macedonia (FYROM) remains one of the key unresolved matters in Greece’s diplomatic agenda but there appears to be movement on the issue at the moment. United Nations mediator Matthew Nimetz has recen...
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Greek stocks nosedive 9.8 pct over week amid bank sell-off
EconomyDespite a rebound by 3 percent on Friday, the Greek equity market tumbled 9.8 percent for the second straight week amid continued turbulence in the global markets and increasing domestic uncertainty that mostly hit the banking sector. The Eurogroup sent...
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ECB holds off on reinstating Greek waiver, waits for completion of prior actions
EconomyDespite expectations to the contrary, the European Central Bank’s governing council did not reach a decision on Thursday regarding the reinstatement of waiver on Greek government securities. ECB president Mario Draghi said that the council had been info...
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Tsipras tries to push snap election talk off political agenda
PoliticsGreek PoliticsPrime Minister Alexis Tsipras tried on Tuesday to rule out the possibility of snap elections, or at least remove the subject from the current political agenda. Visiting his family home in Epirus, northeastern Greece, Tsipras said that anybody thinking o...
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Tight schedule to approve multi-bill, tick off remaining milestones
EconomyProgrammeMPs are to begin debating on Monday the multi-bill containing draft legislation that will conclude some of the prior actions Greece has to wrap up to secure its next bailout sub-tranche of 2.8 billion euros. The omnibus bill was submitted to Parliament ...
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Parties reach consensus on broadcasting watchdog after coalition backs off
PoliticsGreek PoliticsAfter five failed attempts, Greece’s political parties managed to agree on Thursday over the appointment of a new board at the National Council for Radio and Television (ESR), which is crucial to the government’s efforts to regulate the TV sector. The c...
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Tsipras tries to take pressure off MPs but debt proving hard to settle
PoliticsGreek PoliticsSYRIZA’s parliamentary group is due to meet on Friday after a straightforward cabinet meeting on Thursday, during which Prime Minister Alexis Tsipras even envisioned the possibility of his party being in power for a second term. The gathering of SYRIZA ...
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
EconomyThe Hellenic Republic Asset Development Fund (HRADF) announced on Wednesday that it has accepted the improved offer submitted by the Athens International Airport (AIA) SA for the 20-year extension of the concession for the airport. The final offer amoun...
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Athens holds off on bond as Tsipras talks up labour market
PoliticsGreek PoliticsThe process for Greece to return to the international bond markets did not begin on Monday, despite some of the local media predicting in the previous days that this would be the case. Government officials remained tight-lipped on when or if a trial bon...
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