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  1. After fourth review SLA, build-up to May 24 Eurogroup begins
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    some of the remaining funding available in the third programme’s envelope to buy out the loans the IMF has made to Greece, returning the ANFA and SMP profits held by the Eurosystem, offering a grace... threshold in 2020. Compensatory fiscal measures, which include the base income tax rate dropping

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  2. PM presents warship, mutual defence deal with France as game changer

    PoliticsGreek Politics

    The media spotlight on Tuesday fell on the agreement between Greece and France for Athens to buy... Mitsotakis in Paris. It comes on the back of Greece agreeing to buy another six French-made Rafale jets, taking the total it has ordered to 24. In his comments at the signing ceremony, Mitsotakis

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  3. Revival of Mitsotakis-Tsipras rivalry points to future developments on political scene
    Image: www.syriza.gr

    PoliticsGreek Politics

    main political rivals even though the SYRIZA MP has not publicly indicated his intention to return..., Tsipras has steadily been rebuilding his reputation, which was tarnished during the four years he... in a meeting chaired by the Greek president. It has been notable that Tsipras’s return to prominence has

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  4. Six-day work week triggers opposition attack on labour reforms
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . In recent months, the government has introduced a series of measures under pressure from sectors...The introduction of the six-day work week has prompted the opposition in Greece to launch an attack... on a Sunday or public holidays. The measure applies in the first instance to workplaces which

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  5. Rental subsidy rekindles political debate over housing crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    The government is sticking by the flagship measure announced this week to support renters... monthly rent check. The PM said the measure aimed at relieving the pressure on households from... that the measure was not a “panacea” for the housing crisis, but was not insignificant either. The total

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  6. No further damage for Tsipras in second vote as SYRIZA stand-off continues

    PoliticsGreek Politics

    to help the government buy more time to prepare itself for a new showdown with creditors. During... has given the impression of wanting to carve out her own space, perhaps with a view to leading a rival... on Thursday following some six hours of debate, with 230 MPs supporting the measures, 63 opposing them, five

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  7. Debt relief talks enter final phase, with June 21 as target for deal
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    No final decision on Greek debt relief is expected at Thursday’s Eurogroup, although Athens has... abolishing the step-up interest rate margin related to the debt buy-back tranche from the end of 2012... measures that will be implemented after the end of the programme. Thomsen had suggested earlier

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  8. Eurogroup agrees return of mission to Athens but key issues unresolved
    Photo via Fosphotos

    PoliticsGreek Politics

    and will be fiscally neutral because every measure adopted would be balanced by another aimed..., whereby each new measure adding to Greeks’ burden would be countered by a measure lightening the load. He... on ensuring that any citizens affected by one measure would benefit from another. The idea

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  9. ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    EconomyBanking

    ) due to be conducted from June until March 2017 in quarterly intervals. Each of these operations has... relief measures aimed at making Greek debt sustainable. In such a case, we estimate that the ECB could buy up to 4.2 billion euros of GGBs, after the July 20 redemption of ECB-held Greek bonds worth

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  10. Talks to begin on plan to rescue PPC from dire financial straits

    Economy

    be “crazy enough” to buy it. The DG Comp team arrives as the deadline looms for binding offers... in the immediate future. While the new government has said that additional costs will not be transferred... million euros by 2022. If none of the suggested measures are adopted, the company’s EBITDA

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