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Newsletter 162 -18/05/2018
on the supplier surcharge, known as PHEFEL, which will be maintained until 2020 and then phased out... for RES by 2.5 GW until 2030. Bad debts have also been a long-standing problem for the company
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Debt relief talks enter final phase, with June 21 as target for deal
EconomyProgrammethe possibility of any decision being delayed until the July 12 Eurogroup, which was seen as possible... linked to Greece’s growth. Until now, the range of interventions under consideration include
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Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgrammeto that target for a period of five years, until 2022. In this context, the Greek authorities commit... As part of the ongoing policy reforms, Greece has several prior actions until the end of the programme
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeand overall viability. Any decisions until the end of the programme have to be taken in cooperation... mandate of the HFSF shall be extended until end-2022. The independence of the HFSF is to be fully
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Tsipras claims he is in no hurry to call elections after bailout exit
PoliticsGreek Politics, it is the strongest public statement he has made so far about holding on for a little while longer, until 2019... that he would live to 100 and remain in office until then as well. The prime minister’s comments
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Despite fresh uncertainty, Tsipras insists focus is on four-year term
PoliticsGreek Politicshis government seeing out its four-year term, which runs until September 2019. “Elections..., the idea of SYRIZA holding on until next year has been brought into question again by developments
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesto the tune of 12.3 billion out of general taxation. The state has also, until recently, paid its employees... terms, pension reform was needed because the system as it existed up until recently is unfair
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Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
EconomyProgrammewas on hold until a 20-year concession extension was cleared by the European Commission’s Directorate... wraps until the next phase. PPC The privatisation of the Public Power Corporation (PPC) is one
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Eurogroup marks end of cycle and squaring of circle for Greece
Agora. The Commission sees the remaining disbursements until the end of the programme at 18.4 billion euros, which... cover financing needs through to end 2019 and some 30 billion until end 2020. Long-term mechanism
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The tie that binds
Agoraof around 24 billion euros, Athens should be fully funded until the summer of 2020, providing a little... of GDP until 2060 is an impossibility. The lowering of these fiscal targets will also have
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