Search
-
Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankinghas recorded a cumulative increase of 17.3 percent in the past two years, while the number of card transactions has soared by around 71 percent over this period. On fraud, the report revealed... of volume and value and has remained broadly stable over the last two years.
3% -
Schaeuble presents Athens with stark reality of programme without IMF
PoliticsGreek Politicsto the review being wrapped up quickly and without further measures. This prospect has appealed to Prime...-led coalition has shown that it prefers the short-term gains that would come from the IMF... up a path to a much simpler agreement with the eurozone lenders but the fact that Athens has put
3% -
Key fiscal differences lower expectations for Eurogroup
PoliticsGreek Politicsahead of Thursday’s Eurogroup. There has been reports, and rumours swirling in Athens, that Finance... or no movement on the issue of debt relief, which the Greek government has attached great importance... earlier, there has been no indication of any substantial discussion between the institutions about
3% -
Tsipras facing limited options as he waits for signs from IMF
PoliticsGreek Politicson the adoption of the interventions the International Monetary Fund has demanded. One of the few certain... government has felt for some time that there is a possibility Donald Trump’s administration may push... government has 153 MPs, this would either involve getting all the deputies from PASOK, the Union
3% -
Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek Politicsduring that past few days there has been an agreement on what they will demand from Athens in terms... has proposed. Although the Greek government insisted until recently that it would not legislate any new measures, its position has softened over the past few days and there have been suggestions
3% -
Athens in search of counter-measures to secure MPs' support for potential deal
PoliticsGreek Politicsthat the International Monetary Fund has made a prerequisite to complete the review. According... Nikos Fylis has also publicly questioned the government. Prime Minister Alexis Tsipras’s hope... could reassess its forecasts once it has the final data for 2016. It is unclear if the disagreement
3% -
Tsipras faces heavy lifting to finalise deal and get party approval
PoliticsGreek PoliticsThe Greek government has wasted no time in rolling out its strategy for ensuring the passage... that the Greek prime minister has ahead of him should not be underestimated. The two measures the coalition.... This leaves Tsipras with a difficult period to navigate before he can convincingly argue that he has secured
3% -
Tsakalotos appears but gives little away about negotiations with creditors
PoliticsGreek Politics. The coalition has sought to obscure the fact that the trade-offs it wants to implement, such as reducing... between SYRIZA and ANEL. The latest friction has come in the form of comments from SYRIZA MP Nikos Fylis. The former education minister has questioned the country’s defence budget and suggested
3% -
Tsipras defends compromise, appears optimistic on concluding review
PoliticsGreek Politicsbefore him, and other government officials before that, Tsipras insisted that the coalition has... in once the fiscal targets have been met. This is a point that the government has, presumably... of GDP over a period of 10 years. At this stage, Tsipras gives the impression that he has taken
3% -
First day of talks highlights distance that needs to be covered
EconomyProgrammeapart on the size of the reductions that has to be made as well as the type of counter-measures... the sale process in a number of SOEs has been stalled, while the updated Asset Development Plan (ADP) has not been tabled yet. One report suggests that the institutions believe they will probably have
3%