MacroPolis

Details of technical agreement between Greece and lenders set out in draft sMoU

The updated supplemental memorandum of understanding (sMoU), which was drafted following a technical agreement between Greece and its lenders, was leaked in Handelsblatt on Monday evening.

Greece agrees package of measures with IMF, eurozone to seal review

Greek Finance Minister Euclid Tsakalotos emerged from talks with the institutions at around 6 a.m. on Monday to announce that there had been an agreement between the various participants.

Athens and creditors get down to details in final stretch of review

The new round of discussions between the Greek government and the institutions’ mission chiefs began on Tuesday with the aim of reaching a staff-level agreement (SLA) in the next few days.

Tsipras focuses on debt relief goal as review resumes in Athens

Prime Minister Alexis Tsipras took to centre stage on Tuesday evening, soon after the second review of the Greek programme resumed in Athens, and used his first televised interview for weeks to strongly defend his government and the agreement it appears to have reached with the country’s lenders.

HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port

The Hellenic Republic Asset Development Fund (HRADF) said on Monday that it declared the consortium of Deutsche Invest Equity Partners (DIEP), Belterra Investments and Terminal Link as the highest bidder for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH).

PPC: The struggling electricity giant dominating bailout talks

By: Manos Giakoumis

One of the biggest stumbling blocks in the way of t the Greek government and the institutions to clinch a staff-level agreement (SLA) is the liberalisation of the energy market, with lenders requesting the sale of 40 percent of the Public Power Corporation (PPC) units.

Three investment groups table binding offers for Thessaloniki Port

The Hellenic Republic Asset Development Fund (HRADF) announced on Saturday that it received on Friday three binding offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH).

Fraport reveals airport plans as major privatisation overcomes obstacles

Fraport presented on Wednesday its plan for the modernisation and development of 14 Greek regional airports ahead of the official delivery of the airports and following the implementation of most of the required prior actions.

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.

Athens sees faster pace of progress in review talks but no final deal yet

Following the small progress made during Monday’s talks, Greek government sources appeared more optimistic after Tuesday’s meetings noting that a “quite large agreement” has been reached on many issues.