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EconomyMacroeconomy
Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts 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.
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EconomyProgramme
European Commission keeps DSA broadly same, stresses need for relief 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.
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EconomyMacroeconomy
Economic sentiment reaches 101 pts in Dec, highest in more than 3 years 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.
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EconomyProgramme
EC upbeat on reforms paying off, as long as they continue 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.
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EconomyMacroeconomy
EC sees lower growth in 2017 but no concerns for fiscal targets The European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday.
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EconomyMacroeconomy
Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts Greece’s economic sentiment (ESI) remained in positive territory in October but slipped under the 100-point mark to 98.3 compared to 100.6 points in September, European Commission (EC) figures revealed on Monday.
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EconomyMacroeconomy
Economic sentiment breaks 100-point mark in Sept, consumer confidence up by 3.3 pts Greece’s economic sentiment (ESI) continued its positive trend in September, rising by 1.6 points compared to August’s increase by 0.8 points, European Commission (EC) figures revealed on Thursday.
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EconomyBanking
Review demands put spotlight on Greek banks Greek banks have been a topic of discussion over the last few days after eurozone official highlighted last week the need for the management of NPLs and amid pressure from the International Monetary Fund for new asset quality reviews (AQRs) to be carried out.
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EconomyProgramme
Clean exit under discussion but course of third review holds key The probability of Greece exiting its programme next August without a credit line appears to be rising, but this is still dependent on the third review being completed without any serious delays or complications.
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PoliticsGreek Politics
Tsipras urges swift conclusion of review but doubts linger Concerned about the possibility of the third review becoming a protracted affair, Prime Minister Alexis Tsipras has urged his ministers to act quickly to complete the prior actions before the end of the year, which is when the institutions would also like to wrap up matters.