Search
-
Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015
EconomyFitch affirmed on Friday evening Greece’s rating at ‘CCC’, where it had been upgraded by one notch on August 18. The rating agency highlights that the risks to the programme remain high and completion of the first review is unlikely before January. In addition, Fitch stresses that the political
2% -
A third of young Greeks would consider emigrating to escape economic problems
Societythe means to pay them. Over three in four Greeks (78 percent) were late paying least one bill late
2% -
Deal with lenders buys coalition more time but not internal calm
PoliticsGreek Politicsis only certain of protecting one in four mortgage holders and runs contrary to SYRIZA’s election
2% -
Embarrassment for New Democracy as leadership vote called off due to IT problem
PoliticsGreek Politicsis the incumbent. One of his rivals for the party leadership, ex-Administrative Reform Minister Kyriakos
2% -
Greece being boxed in by refugee crisis and security concerns
Agorafences one after the other. The Former Yugoslav Republic of Macedonia, which has provided the most
2% -
Broad agenda for Kerry's visit to Athens
PoliticsForeign Policybegin in the first quarter of 2016. Energy issues and trilateral cooperation One of the main issues
2% -
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
2% -
Energy drives closer cooperation between Greece, Cyprus and Egypt
PoliticsForeign PolicyGreece, Cyprus and Egypt have agreed to accelerate talks on the outstanding issues related to the delineation of the three countries' Exclusive Economic Zones (EEZ). This was one of the new elements in this trilateral cooperation, which was included in the Athens Declaration signed on Wednesday
2% -
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
2% -
Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomyGreece’s central government primary cash surplus notably widened by 72 percent to 4.48 billion in the 11-month period of 2015 from 2.6 billion in the corresponding period last year, Bank of Greece (BoG) figures showed on Thursday. Excluding several one-off items related to revenues from
2%