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EconomyProgramme
Doubts about whether package deal with lenders is feasible by June The completion of the fourth review and the possibility that a delay in ticking off the 88 prior actions could push Greece and its lenders to the limit is back in focus this week.
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EconomyMacroeconomy
Economic sentiment drops in March after reaching recent high, consumer confidence stable The strong recovery trend in Greece’s economic sentiment (ESI) stopped in March as it dropped by 4.5 points to 99.8, from 104.3 in February, data from the European Commission (EC) showed on Tuesday.
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EconomyProgramme
Progress on new property values but concerns about energy privatisation A key prior action, involving the recalculation of property values so they can be fed into the ENFIA real estate tax, appears on the way towards completion but questions have arisen regarding another key deliverable.
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EconomyProgramme
Green light for next bailout funds as Commission stands ground on post-MoU scenarios It was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review.
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EconomyProgramme
Finance Ministry waits for new property values as talk of bad bank gathers pace The government is hoping to move closer to the completion of a key prior action this week, when evaluators submit the results of their work on the new “objective” property values that will be used by the Finance Ministry to calculate this year’s ENFIA real estate tax.
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EconomyProgramme
Athens under intense pressure over fourth review reforms Although there has been progress regarding property auctions over the last few days, the Greek government is under intense pressure to move forward with the 88 prior actions included in the fourth review so the programme can be wrapped up on time.
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Society
Greeks show highest mistrust in newspapers, TV and online news across EU A survey on fake news and disinformation, conducted by the European Commission, has revealed the general mistrust that Greeks have of their news media, as well as the perceived impact of fake news.
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EconomyProgramme
Focus of discussion for lenders moves to debt relief, post-MoU framework The official conclusion of the third review on Friday means that the attention of the Greek government and its lenders has moved fully to the final few months of the programme and what will follow.
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EconomyMacroeconomy
Economic sentiment at 104.3 pts in Feb, consumer confidence falls by 2 pts 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.
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EconomyProgramme
Work on post-programme framework continues despite tranche holdup 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.