MacroPolis

Debt deal eludes Greece and lenders, June 15 set as final deadline

Monday’s Eurogroup ended without an agreement on debt relief for Greece, with a possible decision being put back to the next gathering of eurozone finance ministers on June 15.

No certainties for Athens before Eurogroup as lenders try for debt deal

Greece goes into Monday’s Eurogroup without any certainty that its lenders will arrive at a common position on how to put its public debt on a sustainable path.

Central government debt edges up to 326.5 billion in Q1

Greece’s central government debt rose by 171 million euros QoQ to 326.53 billion euros in Q1 2017, a Finance Ministry bulletin showed on Friday.

Full backing for multi-bill from coalition MPs, Tsipras looks to lenders for next step

The multi-bill of measures agreed between the Greek government and its lenders passed through Parliament in Athens on Thursday night with the support of all 153 coalition MPs.

Tsipras upbeat on debt relief prospects, lenders more cautious

Prime Minister Alexis Tsipras appears upbeat that an agreement on debt relief will be secured at Monday’s Eurogroup, although this was not backed up by officials on the lenders’ side.

Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year

The government tabled in Parliament on Saturday night the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 as the last article in the 275-page multi-bill containing the measures needed for the conclusion of the second programme review.

EC lowers growth forecasts, sees fiscal targets within reach

The recovery of the Greek economy is expected to restart this year, largely on the back of improving consumer and investor sentiment, the European Commission (EC) noted in its spring economic forecasts published on Thursday.

Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets

By: Manos Giakoumis

The approval by Parliament next week of the measures agreed by the government and the lenders could be a trigger for several positive developments, including a return to international bond markets for Greece.

Tsipras tries to take pressure off MPs but debt proving hard to settle

SYRIZA’s parliamentary group is due to meet on Friday after a straightforward cabinet meeting on Thursday, during which Prime Minister Alexis Tsipras even envisioned the possibility of his party being in power for a second term.

Debt relief, MTFS and return to bond markets on agenda after technical agreement

Following the technical agreement between the Greek government and the institutions’ mission chiefs on Tuesday morning, an extraordinary Eurogroup Working Group (EWG) is due to be held on Thursday evening.