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Reforms
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Economy
Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook.
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EconomyProgramme
Athens facing final steps in third review as next milestones identified The countdown to next Monday’s Eurogroup, where the third review is due to be officially completed has begun following last week’s visit to Athens by European Economic Affairs Commissioner Pierre Moscovici, who also set out the key milestones for the months ahead.
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EconomyProgramme
IMF sticks to reform, debt relief demands as programme role remains in doubt A meeting between Prime Minister Alexis Tsipras and the International Monetary Fund’s managing director Christine Lagarde at the sidelines of the World Economic Forum in Davos on Thursday has rekindled interest in what stance the IMF will take regarding the Greek programme.
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EconomyProgramme
Lenders set ambitious e-auction targets for Athens Greece’s lenders have made it clear that they will keep a close eye on the unhindered conduct of auctions throughout Greece by attaching it as a condition for the second disbursement from the 6.7 billion tranche that was approved at yesterday’s Eurogroup.
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PoliticsGreek Politics
Coalition hits some turbulence but expects cohesion for multi-bill vote The coalition is not expecting any nasty surprises in Monday’s vote on the extensive multi-bill it submitted to Parliament last week despite some last-minute unrest within the government.
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EconomyProgramme
Omnibus bill to be tabled shortly as Athens edges to third review conclusion Prime Minister Alexis Tsipras is due to chair a cabinet meeting on Monday, which is seen as the last step before the government submits to Parliament the multi-bill designed to wrap up most of the remaining 70-odd prior actions of the third review.
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EconomyProgramme
Multi-bill on way as Athens aims to complete third review by Jan 22 The tabling of the omnibus bill that seeks to sweep up most of the remaining prior actions in the third review is just a matter of days away.
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PoliticsGreek Politics
Busy January ahead for coalition, which rebuffs accusations over Turkish airmen The end of the Christmas and New Year festivities means that political life in Greece is set to return to its normal rhythm, with January promising to be a particularly busy month.
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EconomyProgramme
Countdown begins for multi-bill, coalition eyes minimum wage increase The countdown to the submission of the multi-bill that will aim to address many of the prior actions the government has to complete as part of the third review has begun.
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Society
Despite cuts, pension system still at risk due to old-age dependency The Organisation for Economic Co-operation and Development’s (OECD) pension reform report revealed that on a global level, the organisation believes that further reforms are required to balance the impact of ageing populations.