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Greek debt management agency sees Eurogroup debt deal favourably
EconomyProgrammethat Greece’s debt now has a comprehensive package of debt relief measures that were nationally formulated... measures, which the ESM has already implemented, and medium-term debt relief measures recently agreed... to 2032. Greece has now a protracted period without any financing needs thanks to the 24.1 billion euros
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Blueprint for election battle laid out in Parliament debate
PoliticsGreek Politicstargets the government has agreed with the lenders and the ones that the New Democracy led coalition... indicated that he has information that a member of Tsipras’s family has received favourable
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Diplomatic expulsions come amid worsening Greece-Russia relations
PoliticsForeign Policythe government has shown towards Moscow, including its position during the Skripal affair, when it did... the country’s position in the “western security framework.” On the contrary, the coalition has pursued improve relations with Washington and US Ambassador Geoffrey Pyatt has admitted many times
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Commission sets out parameters for post-programme enhanced surveillance
EconomyProgrammethe completion and delivery of ongoing reforms.” It will focus on the six areas in which Greece has... assistance that Greece has received has been repaid,” it added.
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New Democracy fires back at Tsipras over corruption allegations
PoliticsGreek Politicsis the same as in June although support for both parties has increase by one point since then. New... not necessarily mean that they are in favour of the settlement that has been reached... of the next elections remains the possibility SYRIZA has to win back voters that have been lost since 2015
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Mitsotakis warns party to be ready for elections as political contest intensifies
PoliticsGreek Politicsto voters. The opposition leader has planned a number of visits around Greece over the weeks ahead... to the Macedonia name deal. New Democracy’s main line of attack against the government has been to challenge its claims regarding a “clean exit” from the third programme, arguing that the coalition has agreed
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Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
EconomyMacroeconomyAuthority (ELSTAT) data published on Friday showed. The latest figure means that the index has remained positive for five straight months after the negative reading of December 2017, and has shown... month. In the year so far, industry confidence has declined by 1.8 points.
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Disposable income grows by 2.1 pct in Q1, gross savings continue to shrink
EconomyMacroeconomyin social contributions. Since 2011, disposable income has fallen by 22.1 percent, or by 7.6 billion... the previous quarter’s increase of 2.6 percent, and stood at 14.44 billion. Employee compensation has... 2011, property income has plummeted by 61.2 percent. Household final consumption grew by just under 1
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammebillion until the end of the year when net purchases are expected to end. The ECB as of June 2018 has...-lived as the scheme would conclude in a matter of months Greece has just over 50 billion euros... to interbank repo markets. Eurosystem funding has dropped from 126.6 billion in June 2015.
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Retail index jumps 5.3 pct in May led by fuel and supermarket sale
EconomyMacroeconomyindex has remained positive for four out of the first five months of the year with February the only... compared to the growth of 1.3 percent in April. As with the sales index, February has been the only... in July versus -52.4 points in June. Year-on-year, consumer confidence has improved by 11.6 points
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