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Greece lays out plans for debt relief from eurozone
EconomyProgrammefurther steps to make Greek debt sustainable. The first post-PSI measures easing the country’s debt.... The remainder is post-PSI GGBs with favourable interest rates and repayment of principle from 2023... Parliament elections) and it is not clear whether Yannis Stournaras will retain his post as Finance Minister
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Key factors to look out for when Greek election results come in
PoliticsGreek Politicsthe post-election discussion as the two parties may have to sit down and work out a way in which... as a result of passing unpopular legislation. Who gets in One of the key factors in the post-election... There is little doubt that a New Democracy win will simplify the post-election process
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This is what the ECB’s comprehensive assessment tells us about Greek banks
Agorahaving the highest post-AQR NPE ratio of 56.7 percent. Higher NPEs coupled with the projected rise in provisions led to a 5.3 pp increase in the post-AQR NPE coverage to 49.6 percent from 44.3 percent before. Eurobank displayed the biggest change (+7.8 pp) and the highest post-AQR NPE coverage of 53.3
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After criticism over public sector jobs, gov't names new revenues chief
PoliticsGreek Politics, was given a government post. Giorgos Tsipras was appointed as an adviser at the Foreign Ministry last..., Katerina Savvaidou, to leave her post after she was charged as part of a judicial investigation... specialises in tax issues. Pitsilis’s name had been linked to the post since before Christmas
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Greek stocks rebound 1.9 pct during week but fail to match European markets
Economytheir post-Brexit losses during the course of the week. Except for Monday, the general index of the Athens Stock Exchange traded in positive territory, closing at 544.76 on Friday with post-Brexit losses... of their market value during June. It is worth noting that banks’ post-Brexit losses stand at 35.6
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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammeand cross-countries based on prior fiscal adjustments data. In the 70 years following the post-war... deficit of 2 percent immediately following the euro ascension. Cross-country evidence in the post-war... that have had an employment rate of more than 20 percent in the post-war era. High unemployment
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Greece issues 7-year bond, moves closer to wrapping up third review
EconomyProgrammebillion euros for the post-programme period. This is expected to be roughly equally split between... that will provide further relief if growth fails to meet expectations, and the post-programme framework... programme. That is why it is promoting its own post-MoU plan, with measures focused on growth
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Newsletter 154 -9/03/2018
, this means the European lenders can focus on settling the debt relief and post-MoU framework issues... in the coming weeks and the complex issues of debt relief and the post-programme framework that need... restructuring measures and the post-MoU framework into the autumn. GDP grows by 1.4 pct in 2017 January general
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The gruelling final straight of Greece's bailout
Agoralater that month. This would open up the path for the political decisions on debt relief and the post... will be subject to the normal EU post-programme monitoring, which will also take place under the ESM early... in the future. “If Greece requires additional debt relief measures, the post- programme surveillance may
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Tsakalotos sees timely conclusion to fourth review despite growing doubts
EconomyProgrammeon debt will be secured, we will agree the rules on [post-MoU] surveillance and the growth plan... and the subsequent agreements on debt relief and post-bailout monitoring. In fact, comments made... during the discussions on the post-programme framework that future primary surplus targets should
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