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After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammeshould be relaxed, banks’ corporate governance has to be strengthened by cutting links between both... has not managed to regain competitiveness. In the absence of product-market reform implementation
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Tight schedule to approve multi-bill, tick off remaining milestones
EconomyProgrammeMPs are to begin debating on Monday the multi-bill containing draft legislation that will conclude some of the prior actions Greece has to wrap up to secure its next bailout sub-tranche of 2.8... market, while its scope and jurisdictions are redefined. Remaining milestones The government has
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Athens pleased with UN talks, Cyprus deal seen taking time
PoliticsForeign Policymagnitude but also by its timing. The government suggested that this has strong support from Washington... personally prepared the relevant document, which has been agreed with Nicosia. On the issue of the Turkish
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Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
EconomyMacroeconomy, this segment has posted cumulative deductions of 188 million. Credit contraction in the Greek banking... of 28.1 percent has been posted in the consumer credit followed by decreases of 23.9 percent
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Greek government risks mauling after straying off
Agora, the Bank of Greece’s investigation into Attica Bank has also raised doubts about how at least one... that the current controversy will blow over. New Democracy has already suggested that such a ruling from
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Wise men proposals on labour market reforms give Ministry bargaining basis with lenders
EconomyProgrammein the profession. The state also has the ability to expand such agreements to the entire sector... or profession. The Labour Minister Giorgos Katrougalos has repeatedly noted that the committee
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Erdogan's questioning of border treaty catches Athens cold
PoliticsForeign Policythat the Treaty of Lausanne had not been the victory that it has been presented as in his country... is the subject of exploratory talks. Nevertheless, there has been no official complaint, a note verbale
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General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln
EconomyMacroeconomythis 2-month period. It should be pointed out that the MoF has noted in the last budget execution... by 274 million since the beginning of the year, while none of the gg bodies has shown an increase
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Tsipras's meeting with judiciary seen crossing the line
PoliticsGreek PoliticsPrime Minister Alexis Tsipras’s decision to meet with the heads of Greece’s judiciary on Thursday has sparked a new round of accusations that the government is attempting to influence the country’s... of the decline being caused by the government’s policies. The main opposition party has repeatedly
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Bad news for Greek Shipowners? Tonnage tax under European Commission scrutiny
Legalin respect of income tax on profits derived from the operation of ships. The Commission has voiced its... market. While the relevant negotiations are still ongoing, the shipping sector has been lobbying
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