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Focus of discussion for lenders moves to debt relief, post-MoU framework
EconomyProgramme, with many issues to be settled between now and late June. Speaking at the Delphi Economic Forum (DEF... about a precautionary credit line, insisting that the government would stick to its plan to exit... regarding a credit line could “not be accepted because they entail new commitments and a prolongation
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The gruelling final straight of Greece's bailout
Agoraa precautionary credit line is needed or not. This has obscured other important elements that need... Greece should seek a precautionary credit line rather than a cash buffer, estimated at somewhere... without any purpose. There are valid arguments on both sides. The credit line, or PCCL, would provide
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Newsletter 429 - 28/06/2024
result on June 9 has caused concern within the “system” about Mitsotakis’s prospects and is looking... sentiment in June to 110.6 points, from 111 points in the previous month. Consumer confidence moved up..., retail was stable and construction sentiment had a solid rise. Credit May data added another strong
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A quarter-pounder democracy
Agorafun now,” they boasted. “Only bullets will stop us,” they claimed. Still, nobody felt the need
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Mitsotakis breaks the ice in Sochi but Russia's wariness remains
PoliticsGreek Politicsto Brussels tomorrow to participate in the EU Foreign Affairs Council (FAC). The issue of sanctions
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Mitsotakis asks voters for four more years to deliver high-wage, low-tax programme
PoliticsGreek Politicsto introduce an alternative transactions system codenamed “Dimitra (Demeter)”. Kyriakos Mitsotakis poked fun
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Newsletter 157 -30/03/2018
relief and post-programme surveillance may not be reached at the June 21 Eurogroup but in July... of June or even July, rather than in May as had been hoped until now. Greek Finance Ministry sources... the completion of the fourth review, on June 21 despite the European official’s comments. Finance Minister
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Primary surplus target still on lenders' agenda despite snap elections
EconomyProgrammeairport site in Hellenikon. The deadline has been extended until June 28. Several other major... indicated that the institutions’ report, due on June 5, might remain private because snap elections... affairs. However, even if the report is not published, the June 13 Eurogroup is likely to address
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Megafire surges into Athens suburbs, posing major challenge for PM
PoliticsGreek Politicsas well as operational level. PM Mitsotakis visited the fire service’s operational centre twice... by the state and left to fend for themselves. Kasselakis also visited the fire service HQ but told journalists...). This is not the largest wildfire Attica has experienced over the last few decades, although it was one
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Fitch upgrades Greek credit rating to B with stable outlook
EconomyMacroeconomyhighest credit rating is the one from Fitch, followed by S&P’s ‘B-’ with stable outlook, which was set... loans’ ratio stood at 33 percent in 2013 and Fitch expects credit deterioration should decelerate
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