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Athens balances EU line and opts for observer role in Trump’s Board of Peace
PoliticsForeign PolicyAfter some deliberation, Athens has decided to participate in US President Donald Trump’s “Board... sources. The issue of the Board of Peace has proved fairly controversial within the EU, with most member... not attend the inauguration of the Board in Davos. Only Bulgaria and Hungary formally signed up
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HFSF executive board members resign
EconomyBankingboard members - Aris Xenofos, CEO, George Koutsos, Deputy CEO and Anastasios Gagales, member - have... the assessment of HFSF's executive board for the first time. The panel was formed in January 2016... 1998 and 2012. Its main responsibilities are the annual evaluation of HFSF executive board
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ESM board to specify rules on short-term debt relief measures
EconomyProgrammeThe European Stability Mechanism (ESM) said on Thursday that its board of directors (BoD) will meet on January 23 to specify the rules of the short-term debt relief measures for Greece. These rules... of bank recapitalisation in December 2015. According to reports, Piraeus Bank’s board approved
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek PoliticsThe indication that no progress regarding Greece’s review should be expected before the International Monetary Fund’s executive board meets on Monday was strengthened by comments from European... that no decision can be taken until the Fund’s board clarifies its intentions regarding the Greek
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Reform proposals to define size of Tsipras's task in keeping party on board
PoliticsGreek PoliticsPrime Minister Alexis Tsipras’s effort to keep his party on board with the terms of the agreement at Friday’s Eurogroup begins in earnest on Monday when lenders are due to examine the government’s initial reform proposals, which are due to form the basis for the four-month extension. The Financial
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SYRIZA has makings of pact with Independent Greeks but To Potami not on board yet
PoliticsGreek PoliticsWith Greece heading towards February's presidential vote and possibly a general election after that, one of the main dilemmas facing SYRIZA is who it could govern with. One of the options open to the leftists is an unlikely alliance with the Independent...
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Lack of clarity across the board highlights review impasse
PoliticsGreek PoliticsThere appeared little chance of any progress in the talks between Greece and its lenders on Thursday as it emerged that Alternate Finance Minister Giorgos Houliarakis would not be attending the Eurogroup Working Group (EWG). Efimerida ton Syntakton news...
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyThe Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece is seen leaving behind the impact of the pandemic. The nominal GDP is expected to recover above the pre-pandemic levels of 2019 and the budget paves the way...
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Across-the-board price hikes bring CPI rise of 10.2 pct in April
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its record-breaking rise in April, increasing by 10.2 percent year-on-year (YoY), after rising by 8.9 percent in March, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT...
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The IMF crisis and how to solve it
Agoraparagraph offered by its Executive Board on June 5: Directors ... agreed that [the report] provides a good...…. Is that it? To those of us familiar with IMF Board-speak, it sounded as though the report may had just been.... The IMF refused to answer. The IMF Board Any assessment of IMF has to include its Board, the place where
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