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Eurogroup
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EconomyProgramme
Another crisis chapter closes, triggering final round of debt relief measures The Eurogroup noted on Monday Greece’s progress in the post-enhanced surveillance era and released another set of debt relief measures. This marked the end of a years-long period during which Greece was often a specific agenda item in Eurogroup meetings.
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EconomyMacroeconomy
Greece takes next steps, including bond swap, to enhance debt profile over coming years This week started with two developments that intend to further smooth out Greece’s debt obligations in the coming years.
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PoliticsGreek Politics
Leaders clash over economy as PM looks on bright side of Eurogroup assessment As it has been for the past few weeks, the economy proved to be the main political battleground on Friday, when Prime Minister Kyriakos Mitsotakis and opposition leader Alexis Tsipras battled it out in Parliament.
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Economy
Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch After more lengthy negotiations, eurozone finance ministers arrived at an agreement on Thursday night to add to the measures that have already been announced to combat the economic impact of Covid-19.
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Economy
Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move Tuesday’s Eurogroup teleconference ended in disagreement and is set to be repeated on Thursday, although Greece did secure a boost from the European Central Bank, which decided to allow Greek sovereign bonds to be used as collateral by local banks.
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PoliticsGreek Politics
Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions The Greek government will be watching Tuesday’s Eurogroup with a keen interest as it tries to adapt its ongoing response to the economic impact of the coronavirus crisis.
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PoliticsGreek Politics
PM joins forces with some eurozone partners to lobby for "corona-bond" Prime Minister Kyriakos Mitsotakis and eight other European leaders wrote a letter to European Council president Charles Michel on Wednesday, ahead of Thursday’s teleconference, arguing for a coordinated eurozone-level response to mitigate the impact of the coronavirus pandemic on member-states’ economies.
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EconomyProgramme Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions The government is lining up a new set of economic measures to help businesses struggling due to the impact of the coronavirus after receiving the all-clear from the Eurogroup regarding this year’s fiscal target.
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PoliticsGreek Politics
Govt ratchets up coronavirus measures, while planning further support for economy Greece is introducing tighter measures to discourage social gatherings, in an effort to put a stop to the widespread breaches and circumventions of the first wave of emergency measures introduced last week.
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EconomyProgramme
Piecemeal process likely in drive for more fiscal space It is becoming increasingly clear that the Greek government will have to be patient in its bid to gain greater fiscal space, a move that would allow it to live up to its promise to voters of easing the tax burden.