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IMF proposes rebalancing of fiscal policy, reform implementation and debt relief
EconomyProgrammeThe International Monetary Fund’s executive board convened on Monday evening to discuss the Article IV consultation on Greece. The fund’s baseline scenario foresees a long-term GDP growth of 1..., without risking financial stability. Another issue discussed at the board meeting
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Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingPiraeus Bank announced on Wednesday evening that Christos Megalou was unanimously elected as CEO by the bank’s Board of Directors. The appointment has the consent of the Hellenic Financial Stability...’ restructuring plan.” “This is another major milestone for Piraeus Bank to build a strong Board
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The wit and will of men
Agorarecommend to the organisation’s executive board to join the Greek programme with funding. “It is recognised... that this was what was needed to keep the IMF on board and prompt the eurozone to agree the debt relief measures
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Eurogroup doesn't end in tie for Tsipras
Agorakeeping the Fund on board in the Greek programme for the time being. The option of the IMF approving... that since Schaeuble needed the IMF on board to live up to his pledge to German MPs, the adoption of 2
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Athens hopes for sub-tranche this week, ND keeps up pressure on Kammenos
PoliticsGreek PoliticsThe Greek government is confident that the European Stability Mechanism’s board of directors will approve on Friday the disbursement of a loan sub-tranche of 7.7 billion euros despite a hold-up over some remaining prior actions. The ESM’s board of governors met via teleconference on Wednesday
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Newsletter 126 - 07/07/2017
of the ESM’s board of governors on Wednesday did not result in the green light being given... meeting of the ESM’s board of directors. The ESM had identified several prior actions demanded
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Bond issue decision expected as clock ticks down
PoliticsGreek Politicsthe International Monetary Fund’s executive board meets on Thursday, July 20. It is clear that Athens... Giannousakis, the owner of the Noor 1 cargo ship which was seized with almost 2 tons of heroin on board
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IMF approves programme "in principle," repeats position on debt and reforms
EconomyProgrammeIn the early hours of Friday morning in Greece, the International Monetary Fund’s executive board approved “in principle” at a meeting in Washington a precautionary Stand-By-Arrangement (SBA... a second executive board decision and will expire shortly after the current European Stability
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Georgiou conviction may test relationship with lenders
PoliticsGreek Politicsfaced, which was of failing to consult properly with the ELSTAT board before sending the organisation... to convene board meetings once a month, as ELSTAT regulations demanded, and maintaining his position
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Healthcare next stop for Tsipras amid Georgiou case fallout
PoliticsGreek Politicsthe government envisages citizens having across-the-board free access to the public healthcare system... guilty this week of breach of duty because he failed to notify the ELSTAT board in November 2010 before
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