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Reforms
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PoliticsGreek Politics
PM tries to steer agenda back to reforms as OPEKEPE scandal rumbles on A barrage of policy announcements by PM Kyriakos Mitsotakis have been overshadowed by the continuing stream of damaging revelations connecting New Democracy to organised fraud at the farm payments agency OPEKEPE.
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PoliticsGreek Politics
Mitsotakis pledges faster reforms as polls capture disaffection after subsidy scandal A revised government action plan promising tangible reforms for the second half of the year was PM Kyriakos Mitsotakis’s parting gift to the cabinet at the start of the summer recess, as the latest polling figures show the public is losing faith in the administration.
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PoliticsGreek Politics
PM pledges water reform in bid to avert scarcity crisis As southern Europe swelters, Greece finds itself confronting a water crisis that has been steadily building beneath the surface.
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EconomyMacroeconomy
PBO affirms strong macro and fiscal trajectory, growth seen at 2.2 pct The Parliamentary Budget Office (PBO) published its quarterly report on Tuesday, where the stable economic outlook and the solid fiscal performance were reaffirmed, though the PBO does see challenges mostly due to geopolitical instability and trade-related tensions.
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PoliticsGreek Politics
PM seeks escape from Tempe in reforms agenda, as opposition parties mull next move Prime Minister Kyriakos Mitsotakis focussed on business as usual in Wednesday’s cabinet meeting, in an attempt to distance himself from the growing clamour as the two-year anniversary of the Tempe rail crash approaches.
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EconomyMacroeconomy![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF's Article IV consultation notes progress, reiterates low long-term growth outlook The IMF published on Friday the staff statement following the conclusion of the mission in the context of Article IV consultations, noting the progress that Greece has achieved in recent years on the fiscal and debt fronts.
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PoliticsGreek Politics
Government pledges more reforms, but economy set to prove deciding factor in 2025 After suffering a more turbulent year than it expected, the government is aiming to regain its footing in 2025 by returning to the reform agenda that served as the flagship of its first term in office. However, its record regarding the performance of the Greek economy will likely be the factor that determines whether New Democracy enjoys a better year or not.
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EconomyMacroeconomy
BoG sees sustained growth and progress, but challenges require policy drive The Bank of Greece published on Friday the latest interim monetary policy report where, as is common practice, the central bank notes the positive developments in the Greek economy while it highlights specific areas where policy will need to address weaknesses to Greece’s economic outlook.
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PoliticsGreek Politics
Mitsotakis sets off barrage of legislation to shake off introspection With the opposition in disarray, Prime Minister Kyriakos Mitsotakis has fired off another round of reforms, hoping to regain forward momentum and put the internal scuffles in his own party behind him.
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Economy
Credit rating reviews highlight pressure points in economy The Greek government has been under pressure since the poor result in the European Parliament elections this summer.