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EconomyProgramme
Athens, lenders trying to put last pieces in place for technical agreement With all indications suggesting that the Greek government and the institutions are close to reaching an agreement at technical level, there has been much speculation about how several issues that were proving contentious until recently have been, or will be, resolved.
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PoliticsGreek Politics
After raising labour concerns, back to grind of talks for Tsipras After raising Greece’s concerns about labour reform at the highest level over the last few days, Prime Minister Alexis Tsipras knows that his government must return to negotiations with its lenders this week if it is going to have any chance of securing a technical agreement in time for the April 7 Eurogroup.
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PoliticsGreek Politics
Progress seen after Brussels talks but review conclusion still out of reach There was no tangible outcome from the three days of talks between Greek ministers and representatives of the institutions in Brussels but there are indications that some progress was made, allowing talks to continue in the coming days.
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PoliticsGreek Politics
New Democracy in spotlight as coalition draws hope on labour reforms In the absence of any tangible developments from the ongoing talks in Brussels, fringe issues have dominated the political agenda in Greece since Monday.
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EconomyProgramme
No return of institutions after Eurogroup but talks to continue in Brussels Monday’s Eurogroup in Brussels proved inconclusive as far as the Greek review is concerned but did result in some hope that efforts to conclude the review would intensify in the coming days.
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EconomyProgramme
Greece, creditors seek progress at Eurogroup on key differences holding up review Greece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead.
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EconomyProgramme
Global deal in April ruled out as labour reforms prove biggest obstacle Speaking to Parliament’s Economic Affairs Committee, Finance Minister Euclid Tsakalotos said on Thursday that the agreement with the institutions would be difficult but would also have “positive surprises,” which could pave the way for QE from the European Central Bank and lead to sustained growth.
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EconomyMacroeconomy
Unemployment rate up to 23.6 pct in Q4, down to 23.5 for 2016 The Greek non-seasonally-adjusted unemployment rate increased to 23.6 percent in the fourth quarter (Q4) of 2016 from 22.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
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PoliticsGreek Politics
Slow progress on fiscal, impasse on labour keep review deal on hold There have been no visible signs of major progress in the discussions between Greece and its lenders this week, suggesting that the best-case scenario would be the conclusion of a staff-level agreement ahead of the April 7 Eurogroup rather than the one on March 20.
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PoliticsGreek Politics
Labour reforms, fiscal measures loom largest as Athens resumes talks with lenders Negotiations between Greece and its lenders are due to continue via teleconference this week with the aim of the various parties at least moving closer to a staff-level agreement by the time eurozone finance ministers meet on March 20.