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  1. Compromise proposal on table ahead of Friday's Eurogroup
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    and the Greek government, a compromise agreement on the fiscal measures beyond 2018 appears... from the European Central Bank, while the Greek Finance Minister Euclid Tsakalotos, the Labour... and the Greek government to agree each autumn, starting from 2018, on the fiscal outcome of that year

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  2. Newsletter 115 - 21/04/2017

    Newsletters

    ' The Greek government is hoping to emerge from this weekend’s talks on the sidelines.... Finance Minister Euclid Tsakalotos led the Greek delegation to the US capital, where he is due to hold... jeopardising the inclusion of Greek government bonds in the European Central Bank’s quantitative easing (QE

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  3. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Greek Finance Minister Euclid Tsakalotos emerged from talks with the institutions at around 6 a.m. on Monday to announce that there had been an agreement between the various participants. The Greek... prepared by the European institutions and the IMF were leaked in the Greek media over the weekend

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  4. PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    in output and reduction in staffing numbers coupled with marked input price inflation. However, Greek... clients. A similar trend was also evident in foreign demand for Greek goods. As a result, companies... that “The latest data highlighted a further deterioration in the health of the Greek manufacturing sector

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  5. Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , inclusion of Greek government bonds in the European Central Bank’s QE programme and a future return...-term in open economies with strong institutions, adding that Greek institutions are weak.... The report concludes that the current situation requires a double effort. On one hand, the Greek

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  6. Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek equity market climbed for the second straight week this week, rising by 5.9 percent... of June 2015. Over the last two weeks, Greek stocks have recorded double-digit gains of 12.3 percent... appetite for Greek stocks. As a result, the average daily turnover notably improved for the second

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  7. Deposit interest rates broadly stable in March, average loan rate down slightly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek households’ new time deposit rate edged down 1 basis point (bp) to 0.66 percent in March... rates in the Greek market currently stand 170-270 bps above the respective eurozone average rates... in the average interest rate spread for Greek banks to 4.16 percent in March.

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  8. Court ruling on pension cuts more political problem than legal obstacle for govt
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the measures that Greek MPs need to approve. Reports started emerging on Tuesday night that the court’s plenary... to the Greek constitution because the measure lacks the actuarial study that would show the intervention... this sufficient for their purposes. The Greek justice system, including the Court of Audit, has ruled cuts

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  9. Church, democracy and the evil eye: survey reveals Greeks' beliefs
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    a detailed picture of the role and influence the Greek Orthodox Church has in the Greeks’ lives... agreeing that being Orthodox is important to being “truly Greek,” against an Orthodox median of 70... as family members, compared with 70 percent among those who disagree that Greek culture is superior

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  10. Athens goes over energy plans, eyes enhanced role

    PoliticsForeign Policy

    . - The exploitation of national energy resources. Sources said that based on these aims, the Greek government... for interconnecting the Cypriot, Israeli and Greek transmission networks. The total length.... The approximately 878 km pipeline will join the Trans Anatolian Pipeline (TANAP) at the Turkish-Greek border

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