Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 ptsEconomyMacroeconomy
Greece’s economic sentiment (ESI) continued to strengthen in February, increasing by 2.4 points to 104.3 compared to a reading of 101.9 in January, European Commission (EC) figures revealed on Tuesday.
Work on post-programme framework continues despite tranche holdupEconomyProgramme
The delay in the disbursement of Greece’s next bailout tranche does not look like it will affect the plans to begin work on the fourth review, as well as the ongoing discussions regarding debt relief and the other post-programme arrangements.
Eurogroup confirms third review almost done but e-auctions still a concernEconomyProgramme
Monday’s Eurogroup did not bring down the curtain on the third review as Greece’s lenders are waiting for the completion of two more prior actions.
Moscovici upbeat in Athens, highlights elements needed for programme exitEconomyProgramme
European Economic Affairs Commissioner Pierre Moscovici had several messages to deliver during his visit to Athens, which focussed mostly on what needs to happen over the next few months to ensure that Greece completes the third programme without any problems.
Commission keeps outlook on Greece stable, sees growth picking up this yearEconomy
In the winter forecast it published on Wednesday, the European Commission kept unchanged its projections for Greece, which see real GDP growing by 1.6 percent in 2017 and by 2.5 percent this year and next.
Greece prepares for bond issue, looks to pave way for programme exitEconomyProgramme
Greece is expected to announce the start of the book-building process for a new 7-year bond this week as it also looks to provide greater clarity on debt relief measures and the post-programme scheme the that government is working on.
Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 ptsEconomyMacroeconomy
Greece’s economic sentiment (ESI) got off to a positive start in 2018 and rose by 0.6 points to 101.9 in January from an upwardly revised reading of 101.3 in December, European Commission (EC) figures revealed on Tuesday.
European Commission keeps DSA broadly same, stresses need for reliefEconomyProgramme
The Compliance Report issued by the European Commission following the formal conclusion of the third review at Monday’s Eurogroup includes the updated Debt Sustainability Analysis (DSA) put together by the European institutions.
Economic sentiment reaches 101 pts in Dec, highest in more than 3 yearsEconomyMacroeconomy
Greece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday.
EC upbeat on reforms paying off, as long as they continueEconomyProgramme
In a background paper published on Monday, the European Commission (EC) takes stock of the progress in the first two thirds of Greece’s European Stability Mechanism (ESM) programme and provides an overview of the measures undertaken to date to achieve its four main objectives.