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  1. Greece working on plan for multilateral talks in East Med

    PoliticsForeign Policy

    in the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... such as France and Italy. Turkey was also briefed on the plan by Foreign Minister Giorgos Gerapetritis, who met... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya

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  2. IMF outlines areas in which Greece needs further reforms, where it should apply caution
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    of 500 million euros (SDR 300 million) in 2024. The amount above 5.5 billion euros (SDR 4.6 billion... to Greece, Peter Dolman. “At the same time, the government should also be focussing on non-wage costs so

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  3. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    a surplus of 529 million in Q1 from a deficit of 1.1 billion last year. Nevertheless, the year to date... loans by 2.07 billion and EFSF/ESM/IMF loans’ redemptions of 611 million. The gross debt structure

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  4. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    by 11.1 billion euros to 327.6 billion mainly reflecting state arrears payments of 5.5 billion... (1.3 billion), development of Hellenikon (345 million), sale of real estate and shares (277 million

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  5. Primary cash surplus widens to 2.66 bln in first five months of 2016

    EconomyMacroeconomy

    . However, the monthly data points to a primary cash deficit of 277 million euros in May from a small... revenues rose by 8.2 percent in May and 5.5 percent in the 5-month period to 17.18 billion

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  6. Greek banks in intensive care: What lies ahead?
    Photo by MacroPolis

    Agora

    (Eurobank 950 million and NBG 1.35 billion) as well as subordinated and senior debt of 5 – 5.5... billion. From the beginning of 2016 the following three conditions must be met: a bail-in not less than 8..., in the aftermath of ECB stress test and another 1.1 billion in Q1. Piraeus also booked provisions of 2.1 billion

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  7. Newsletter 113 - 31/03/2017

    Newsletters

    by 1.1 points in March after a decrease of 5.5 points in February. Following a cumulative decline... regions of Greece, who met with Energy Minister Giorgos Stathakis this week. The government’s position

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  8. Sub-tranche released but PPC poses key challenge in review

    EconomyProgramme

    of the recent confirmation that Athens had met its targets for the payment of state arrears. The sub..., deliverable upon completion of the third review, is valued at 5.5 billion euros. The next watershed moment... 1.9 billion euros and that around 1.1 to 1.2 billion of this will be redistributed. SYRIZA-friendly

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  9. Greek families shell out for education as state system falls short
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    financial transfers by 33 percent. But spending on cram schools fell by only 1.1 percent, and private... billion euros, with 5.5 billion (62.8 percent) concerning public education and 3.3 billion (37.2 percent... historically met strong resistance. A recent UNESCO paper on accountability in the Greek education

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  10. EU digital certificate seen as boost for tourism against backdrop of worsening pandemic
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the idea of a vaccination certificate in January, but was initially met with objections from... rate in tests across the country remains high, at 5.5 pct, while the transmission rate R is currently estimated at 1.1. The picture is expected to worsen over the coming days, with wastewater

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