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  1. Bailout review to continue in Athens, lenders identify key tasks ahead
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    EconomyProgramme

    Commission (EC) had a lower figure of 3 percent. In addition, the government’s estimates were... if this meant Catholic Easter on March 27 or the Orthodox one on May 1.

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  2. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    the seasonally adjusted retail sales and volume fell by 1.6 and 1 percent MoM respectively in January... trade indicator slipped 0.2 points to 3 in March, after posting strong gains of 34.2 points

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  3. Greek stocks advance 2.6 pct for second straight week on improved investor sentiment

    Economy

    on a fiscal gap of 3 percent of GDP by 2018. Upcoming discussions will focus on agreeing on the required measures related to the pension reform, tax and indirect taxes that are expected to yield 1

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  4. Range of issues unresolved as programme talks resume in Athens

    EconomyProgramme

    ) market and creation of the new privatisation fund. Greece has accepted a fiscal gap of 3 percent of GDP... yielding 1 percent of GDP (1.8 billion euros) each. Pensions We understand there is a broad

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  5. Greek stocks slip 1.7 pct during week with subdued volumes

    Economy

    tax measures equivalent to 1 percent of GDP to cover the remaining fiscal gap by 2018. According... was recorded by non-financials, namely: Folli-Follie (+4.7 percent), Aegean Airlines (+3 percent

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  6. Break in bailout talks leaves question mark over their conclusion

    PoliticsGreek Politics

    . European Economic Affairs Commissioner Pierre Moscovici recently suggested Orthodox Easter on May 1.... The tender sets the starting price for bids for national TV licenses at 3 million euros each

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  7. Athens links extra measures with debt relief in search for review compromise

    PoliticsGreek Politics

    messages about whether it is prepared to accept an extra 3 billion euros, roughly, in contingency... on the draft legislation until after Orthodox Easter on May 1. The opposition has already indicated

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  8. Bailout talks inch forward as Juncker comments complicate matters
    Photo via @JunckerEU

    PoliticsGreek Politics

    , aimed at raising 1.8 billion euros, or 1 percent of GDP. Despite this issue apparently being... and IMF officials struck an unofficial bargain on an extra package of about 3 billion euros in contingent

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  9. Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    underspend is mostly attributed to: 1) Grants to hospitals (at 238 million, corresponding to 14.6 percent... percent of the annual target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 126

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  10. Hopes of swift deal on contingent measures doused by technical, political complications
    Photo by MacroPolis

    PoliticsGreek Politics

    arisen in the effort to agree the original package of measures, worth 3 percent of GDP or 5.4 billion... will be finely balanced going into the vote, which is expected after Orthodox Easter on May 1. The committees

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