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EC report notes economic imbalances and outlines remedies
Economyremains weak. In 2017, the current account balance recorded only a 1 percent deficit. However..., alleviate disproportionate restrictions to regulated professions, open up the energy market, set up
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Mati fire investigation puts spotlight on authorities and government
PoliticsGreek PoliticsIt appears that SYRIZA is set to come under further scrutiny about its handling of last summer’s wildfire in Mati, which caused 100 deaths, after prosecutors’ investigated how authorities dealt... been estimated that the reduction of the voting age by 1 year means that around 130,000 more Greeks
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No breakthrough in discussions over protection for main homes
EconomyProgramme20,000 euros, which is substantially lower than the 65,000-euro threshold set by the government... stricter, regime. The institutions are due to return to Athens on April 1 to start preparing
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Talks on primary residences continue as bill proceeds through Parliament
EconomyProgrammeto be submitted to the House in the coming days. The secondary legislation will set out the details of the new... the institutions return to Athens on April 1. The aim is to agree on the details of the scheme ahead
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Newsletter 200 -29/03/2019
1 billion euros at the next Eurogroup on April 5. The details of the new framework, tabled.... It should be noted that the government had initially wanted the maximum level of deposits to be set
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammebillion euros in debt relief. Greece was meant to have completed a specific set of reforms as part...’ worth of benefits and for 219 households payments will begin as of March 1. The total monthly cost
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammeGreek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some..., which also led to the activation of almost 1 billion euros in debt relief measures, has paved the way
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Newsletter 202 -12/04/2019
this week. Settling this issue will allow Athens to then set its sights on a new bond issue. The 10-year... on November 1. According to the agency’s plans, 120 inspectors will be tasked with going after debts
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Payment plans for overdue debts launched as Athens looks for revenue boost
EconomyProgrammedespite almost 1 billion euros in relief measures (VAT cuts and pension bonus) announced... will not be met. The issue is set to be addressed in more detail next month, with the European
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Piraeus Bank issues Tier II bond to strong demand
EconomyBankingby Goldman Sachs International and UBS Investment Bank. The coupon of the issue has been set at 9.75... contains properties worth around 1 billion euros. This deal was seen as a precursor to the issuance
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