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Pensions
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EconomyProgramme
Eurogroup suggests there is scope for pension cuts to be called off The Greek government was given the clearest indication yet on Monday that its European lenders may agree to its request to scrap the pension cuts that are due to be implemented from the start of next year.
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EconomyProgramme
Athens prepares 2019 draft budget amid pension cuts dilemma The Greek government is set to take the next step in its efforts to call off next year’s pension cuts, when it submits the draft 2019 budget but finds itself in a delicate balancing act between domestic political pressures and the creditors’ concerns.
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PoliticsGreek Politics
Lenders set to keep coalition waiting for answer on pension cuts The Greek government is likely to have to wait until the December 3 Eurogroup until it finds out whether its request for next year’s pension cuts to be shelved will be accepted by the country’s lenders.
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EconomyProgramme
Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance Finance Minister Euclid Tsakalotos is due to speak with investors in London on Thursday but it is the discussion with the institutions over next year’s pension cuts, rather than market access or investments, that is topping the agenda at home.
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EconomyProgramme
No imminent decision on pension cuts as Athens moves ahead with minimum wage increase The latest indications received by the Greek government from its lenders suggest that a final decision on whether next year’s pension cuts will have to be implemented will not be taken before the Eurogroup meeting on December 3.
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PoliticsGreek Politics
Mitsotakis prepares to unveil economic plans, leave imprint ahead of elections This weekend will mark Kyriakos Mitsotakis’s turn to try to impress voters as he takes to the stage at the Thessaloniki Expo (DETH) a week after Prime Minister Alexis Tsipras.
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EconomyProgramme Lenders' visit concludes with no firm answer on pension cuts The first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders.
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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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PoliticsGreek Politics
Tsipras confident on pension cuts, reticent on snap elections Amid renewed speculation about snap elections next year, Prime Minister Alexis Tsipras has insisted that his government will be able to come to an arrangement with the institutions over the pension cuts that are due to implemented in 2019 and then hold out for a full four-year term.
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EconomyProgramme
Lenders appear at ease with Tsipras pledges, cautious on pension cuts The institutions have begun poring over Greece’s budget execution data as part of the first post-programme inspection, which will also include a close look at the pledges made by Prime Minister Alexis Tsipras at the Thessaloniki Expo (DETH).