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Reforms
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EconomyProgramme
Athens hopeful of clinching SLA after progress in creditor talks Greece and its lenders appear close to reaching a Staff Level Agreement (SLA) this week after talks appeared to progress on Thursday, with the two sides said to have agreed on next year’s projected fiscal overperformance.
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EconomyProgramme
E-auctions get underway as draft SLA is prepared Electronic auctions made a successful, albeit brief, debut on Wednesday, boosting hopes that Greece and its lenders will conclude a Staff-Level Agreement (SLA) this week and pave the way for the completion of the third review in January.
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EconomyMacroeconomy
OECD sees growth picking up, warns about society and financial sector The Organisation for Economic Co-operation and Development (OECD) became the latest body to confirm Greece’s return to solid growth next year, although it issued a conservative forecast for economic activity this year.
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EconomyProgramme
Institutions, Athens start new round of review talks as e-auctions get green light Talks between the institutions and the Greek government are due to resume on Tuesday with hopes of a staff-level agreement (SLA) being reached by the end of the year growing after notaries decided to end their strike so that electronic auctions can start on Wednesday.
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EconomyProgramme
Institutions head back to Athens in search of SLA by end of week The institutions are returning to Athens this week with the aim of having a staff-level agreement (SLA) in place before Monday’s Eurogroup.
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PoliticsGreek Politics
Deadly floods blight Athens as progress sought in third review More than a dozen people were killed in flash floods that ravaged the outskirts of Athens on Wednesday, creating a bleak backdrop for political developments this week.
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EconomyProgramme
EC upbeat on reforms paying off, as long as they continue In a background paper published on Monday, the European Commission (EC) takes stock of the progress in the first two thirds of Greece’s European Stability Mechanism (ESM) programme and provides an overview of the measures undertaken to date to achieve its four main objectives.
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EconomyProgramme Effort to end notaries' strike amid concern for auctions, NPLs The Greek government is searching for a way to overcome the concerns raised by notaries regarding property auctions, which has led to the latter group refusing to take part in any more such transactions this year.
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EconomyProgramme
Eurogroup marks start of countdown for prior actions Greece is not on the official agenda for Monday’s Eurogroup meeting, although eurozone finance ministers are expected to receive an update from the institutions’ mission chiefs on where the third review stands.
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EconomyProgramme
Sub-tranche, 2017 fiscal performance ticked off on first day of review talks The first day of talks between Greek government officials and the institutions’ heads of mission in Athens on Monday appeared to settle a couple of issues but leave several others for further discussion this week.