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EconomyMacroeconomy
Economic sentiment drops to 101 in October, consumer confidence rises by 6.6 points Greece’s economic sentiment (ESI) fell by 0.3 points to 101 in October compared to September, European Commission (EC) figures revealed on Tuesday.
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EconomyFeatures
New details reveal what may have led to discrepancy in Athens Airport concession price Sources at the Hellenic Republic Asset Development Fund (HRADF) admitted this week that the initial price of the Athens International Airport (AIA) contract had been too low based on outdated parameters.
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EconomyProgramme
Athens to send draft budget to Brussels after talks with IMF on pensions The Greek government is expected to submit to the European Commission a version of its 2019 budget that is along the lines of the draft plan submitted to Greek Parliament on October 1, which includes a scenario in which the 1 percent of GDP in pension cuts agreed with the institutions are applied and one in which they are not.
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EconomyMacroeconomy
Economic sentiment drops in September to 101.3, consumer confidence picks up Greece’s economic sentiment (ESI) fell by 3.9 points to 101.3 in September compared to 105.2 in August, European Commission (EC) figures revealed on Thursday.
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EconomyFeatures
VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct The European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues.
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EconomyProgramme
Mixed picture for government after first day of talks with creditors A mixed picture emerged following the first day of talks between Greek government officials and the institutions’ mission chiefs in Athens as part of the post-programme visit by the lenders, which began on Monday.
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EconomyProgramme
No final word on pension cuts as lenders prepare for return to Athens next week Ahead of the institutions returning to Athens next week for their first post-programme visit, the Greek government has been given some encouragement in its bid to avoid the pension cuts that are due to be implemented next year.
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EconomyMacroeconomy
Economic sentiment remains stable as retail confidence materially improves Greece’s economic sentiment (ESI) remained broadly unchanged in August dropping by 0.1 points to 105.2 following a rise of 2.8 points in July, European Commission (EC) figures revealed on Monday.
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EconomyProgramme
Focus turns to first post-MoU visit by creditors and talks on pension cuts Greece’s post-programme era, which officially began on Tuesday, is to start in earnest on September 10, when the institutions are due to return to Athens for the first round of discussions with the government.
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EconomyProgramme
Last bailout tranche just days away as pension discussion looms All the hurdles have been cleared for Greece to receive the last tranche of the third and final bailout as focus shifts to the discussions that Athens is due to have with the institutions in the coming weeks, particularly on the issue of next year’s pension cuts.