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Privatisations
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Economy
Are things looking up for Greece's privatisation programme? In its latest weekly credit outlook published on Monday, Moody’s said that the “Greek privatization program looks to exceed targets by year-end, a credit positive (for the sovereign)”. This is the first positive comment on privatizations by a rating agency after years of setbacks and underperformance.
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Economy
New obstacle for privatisations as court blocks sale of water firm Greece’s highest administrative court has blocked the sale of the Athens water company, raising new questions about whether the government can meet its revised privatisation targets.
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EconomyMacroeconomy
With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP The Finance Ministry tabled on Thursday the 2014 budget to Parliament without the final approval of the troika since discussions between the two sides on next year’s fiscal gap and other matters have not yet been concluded.