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EconomyMacroeconomy
Consumer confidence hits 19-year high, ESI highest since 2007 Greece’s economic sentiment (ESI) strengthened by 3.1 points in August to reach 108.4 points, European Commission (EC) figures showed on Thursday.
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EconomyProgramme
Brussels urges Athens to remain on reform path as fourth post-MoU review looms The European Commission (EC) marked on Tuesday the first anniversary from the completion of Greece’s third adjustment programme - a 3-year adjustment effort with emphasis on structural reforms and provided loans of just short of 62 billion euros via the European Stability Mechanism (ESM).
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EconomyProgramme
Athens hopes lower bond yields strengthen case for reducing fiscal targets The Greek government is keeping high up on its agenda the matter of renegotiating lower fiscal targets with the institutions as New Democracy tries to build its case ahead of talks with the creditors in September.
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PoliticsGreek Politics
Third bill on way as Athens looks to autumn reforms, negotiations with creditors The third of three bills New Democracy wants to pass before Parliament’s summer recess is due to be submitted to the House on Friday as the government looks towards the challenges it faces in the autumn, particularly in terms of its negotiations with the institutions.
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EconomyMacroeconomy
Economic sentiment hits 105.3 pts in July, confidence at highest since 2004 Greece’s economic sentiment (ESI) strengthened by 4.3 points in July to 105.3 points, European Commission (EC) figures showed on Tuesday.
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EconomyProgramme
Finance Ministry faces balancing act as it starts to draft 2020 budget The Finance Ministry is getting down to the business of drafting the first version of the 2020 budget, which will have to achieve the key economic goals pledged by New Democracy but also satisfy Greece’s lenders.
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Economy
Talks to begin on plan to rescue PPC from dire financial straits One of the first orders of business for the new government is to tackle the beleaguered state-controlled energy company, the Public Power Corporation (PPC).
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EconomyMacroeconomy
Consumer confidence at highest since January, economic sentiment stable Greece’s economic sentiment (ESI) edged up by 0.2 points in June to 101 points, European Commission (EC) figures showed on Thursday.
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EconomyProgramme
Eurozone set to give next govt until Sept to address fiscal issues The new Greek government formed after the July 7 elections is unlikely to have to face probing questions about its plans and this year’s fiscal targets from its eurozone counterparts until September.
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EconomyProgramme
EC warns budget not on track due to handouts, advises against further underspend Greece’s official creditors have recently expressed at various levels their concerns about whether the country will be able to meet its fiscal commitments after adopting a new batch of expansionary measures last month, so it was no surprise that this issue was explored extensively in the latest post-programme surveillance report published by the European Commission.