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  1. Fourth review begins, with Athens and creditors also focussing on post-MoU era
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    officials and the institutions started even though the third review has not quite finished yet. However... that need to be completed before then. One of the issues that has the potential to create friction between... leaving the programme. She also claims that the coalition has the lenders’ approval to restore basic

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  2. Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , and recovering again in December. As confidence has slowly returned, the ESI has gradually improved... rating, appear to have further bolstered sentiment. Year-on-year, the ESI has improved by 11.4..., consumer confidence has improved by 20.3 points. In the other indicators, industry confidence improved

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  3. Doubts about whether package deal with lenders is feasible by June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    reported 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

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  4. Final decision on 2019 fiscal measures still a few weeks away
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    with 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

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  5. Greece seeks better relations with Albania as wariness of Turkey grows
    Photo via @ditmirbushati

    PoliticsForeign Policy

    has 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

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  6. Mixed messages on foreign policy put coalition under pressure
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Minister 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

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  7. After Washington talks, debt relief and fiscal remain main obstacles on way to MoU exit
    Photo by Panyiotis Tzamaros/Fosphotos

    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

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  8. Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Entering 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

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  9. Over one in five Greeks struggled to make ends meet in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    New 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

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  10. Institutions prepare for Athens return, completion of fourth review

    EconomyProgramme

    Stability 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

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