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Greek banks' NPL selloff gathers speed
EconomyBankingfor strategic defaults, means that today, European Commission figures estimate that Greece has the highest
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OECD highlights reforms and imbalances that need to be addressed
EconomyMacroeconomyin 2019, below the Greek government estimate of 2.3 percent for this year and 2.6 percent for next year
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Greece's antitrust damages initiative comes into force
Legalof the available evidence, the competent national court is empowered to estimate the likely amount
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomydebt sustainable. The MTFS revises the initial growth estimate for 2018 to 2 percent, from 2.3 percent
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Cabinet reshuffle expected to presage coalition's revival effort
PoliticsGreek PoliticsMinistry revised its estimate for when all the unpaid pensions would be settled. The new date given
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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammeto the initial estimate, they account for 2 billion euros out of a total of around 11 billion euros
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammeestimate will have a fiscal cost of more than 1 percent of GDP in 2019 and beyond. These range from
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammeon May 26 would have a fiscal impact of 1.1 to 1.4 percent of GDP, around double the Greek estimate
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Newsletter 210 -07/06/2019
of GDP, around double the Greek estimate, and would, therefore, put this year’s primary surplus target
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IMF paper suggests shadow economy still thriving
EconomyFeaturesA working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has shown that the phenomenon continues to persist in Greece. The paper aimed to note the drivers of the shadow economy in Europe and estimate its size. It found that the shadow economy mostly declined
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