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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
EconomyThe Hellenic Republic Asset Development Fund (HRADF) announced on Wednesday that it has accepted the improved offer submitted by the Athens International Airport (AIA) SA for the 20-year extension of the concession for the airport. The final offer amoun...
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Athens holds off on bond as Tsipras talks up labour market
PoliticsGreek PoliticsThe process for Greece to return to the international bond markets did not begin on Monday, despite some of the local media predicting in the previous days that this would be the case. Government officials remained tight-lipped on when or if a trial bon...
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Government rounds off legislative activity, Mitsotakis offers alternative on education
PoliticsGreek PoliticsThe Greek government is trying to wrap up its legislative activity before the summer break so that it can then focus on different tasks from September. A raft of amendments was submitted to Parliament this week, much to the annoyance of the opposition p...
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Athens readies labour legislation, but not to cross off prior actions
PoliticsGreek PoliticsAfter a brief summer break, the Greek government is preparing to resume legislative activity, although its next move will not be linked to dozens of bailout commitments that are still pending. Prime Minister Alexis Tsipras met with Labour Minister Efi A...
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Tsipras eyes review conclusion, insists SYRIZA patience will pay off
PoliticsGreek PoliticsPrime Minister Alexis Tsipras assured SYRIZA’s political secretariat on Monday that the government will manage to wrap up the third review on time and that better days are on the way for his party. Speaking to SYRIZA officials after the departure of the...
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EC upbeat on reforms paying off, as long as they continue
EconomyProgrammeIn a background paper published on Monday, the European Commission (EC) takes stock of the progress in the first two thirds of Greece’s European Stability Mechanism (ESM) programme and provides an overview of the measures undertaken to date to achieve i...
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Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
EconomyMacroeconomyThe employment balance remained negative in November for a second consecutive month with 33,249 more departures than hirings, according to data form the Labour Ministry’s Ergani information system. However, compared to November 2017, there were an addit...
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Airport privatisation set for take-off as more sales head for runway
EconomyFeaturesThe privatisation of the Athens International Airport (AIA) moved forward a step this week when the Hellenic Republic Asset Development Fund (HRADF) announced that 10 parties expressed interest in the first stage of acquiring a 30 percent stake in the a...
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More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
EconomyThe government is lining up more fiscal measures to prop up the economy as forecasters becoming increasingly gloomy about the impact of the coronavirus. The legislative act for the first set of measures to support businesses affected by the virus was du...
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Govt holds off on new Covid-19 measures as public reacts to GD ruling
PoliticsGreek PoliticsAs Greece keenly waits for the sentencing process in the Golden Dawn trial to be completed, attention switched back to the coronavirus on Friday. Speaking on Skai TV, government spokesman Stelios Petsas denied that the authorities were considering the a...
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