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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyfunds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97
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Newsletter 235 -17/01/2020
was 2.82 billion, municipalities spent 1.12 billion, social funds 166 million and 859 billion
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No green light from troika yet as Greece moves towards bailout extension
EconomyProgrammeThe troika sent early on Wednesday a response to the measures proposed by Greece with the aim of securing the return of inspectors to Athens and a conclusion to the prolonged programme review. Greece’s lenders reportedly requested further clarifications...
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Institutions, Athens start new round of review talks as e-auctions get green light
EconomyProgrammeTalks between the institutions and the Greek government are due to resume on Tuesday with hopes of a staff-level agreement (SLA) being reached by the end of the year growing after notaries decided to end their strike so that electronic auctions can star...
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammeThe Council of State has approved the redevelopment of Athens’s former airport at Hellenikon, meaning just one prior action from the third review remains to be completed as the Greek government and the institutions gear up for the fourth review to start...
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeIt was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review. The news came as the European Commission appeared to indicate that it is not willing to make major concessions ...
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Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgrammeThe Greek government is hoping to table in Parliament early next week the new bill for the protection of primary residences from foreclosures after another round of talks with local bankers on Thursday. Reports on Friday suggested that several issues we...
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Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankingFinance Minister Christos Staikouras was due to meet the CEOs of Greece’s four systemic banks on Thursday as the government appears to be stepping up its efforts to secure approval for the Asset Protection Scheme (APS) aimed at reducing the giant pile o...
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Tsipras raises debt relief at UN but refugee crisis may prove more pressing issue
PoliticsForeign Policyconcern in the EU that Greece is not doing enough to deal with its part of the challenge. Hungarian
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Greece left isolated on migrant crisis, with bailout talks finely poised
PoliticsGreek PoliticsRepublic of Macedonia (FYROM). Hungarian Prime Minister Viktor Orban called last week for Greece’s
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