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New Democracy bewildered by ballot failure as Tsipras solicits consensus
PoliticsGreek PoliticsNew Democracy’s electoral committee is due to meet at 1 p.m. on Monday to decide what action to take next after the party failed to hold its leadership election on Sunday due to software problems. The two options that seem to be open to the conservatives are to quickly find a new way to hold
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Apartment prices fall at an accelerating pace of 6.1 pct in Q3
EconomyMacroeconomypercent and 1 percent in 2017. These forecasts were based on the institutions’ summer projections
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set of milestones so it can receive the next sub-tranche of 1 billion euros, an EU official told Kathimerini on Thursday. The most difficult issues included in this list relate to the settlement of non
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeThe privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion. According to the third memorandum of understanding (MoU) signed with eurozone partners in mid-August, the Greek
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Greek teachers low paid, but work shorter hours in smaller classes
Society’s primary teachers are aged 50 and over while less than 1 percent are under 30. Only Italy had
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Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammeThe Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion. According to government sources cited
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomypercent in 2015, 5 percent and 1 percent in 2017 under the baseline stress test scenario. Housing
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Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek PoliticsGreece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds. There was a compromise between the coalition and the institutions on the most politically sensitive issues
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Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsinstalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension
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Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomymillion from deficit of 1 billion last year.
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