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Reforms
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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.
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PoliticsGreek Politics
Tsipras urges swift conclusion of review but doubts linger Concerned about the possibility of the third review becoming a protracted affair, Prime Minister Alexis Tsipras has urged his ministers to act quickly to complete the prior actions before the end of the year, which is when the institutions would also like to wrap up matters.
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PoliticsGreek Politics
Coalition faces demanding September on reform, fiscal and economic fronts The brief respite for the government from bailout-related tasks is coming to an end as focus is gradually moving towards the next bailout review and the prior actions that Athens has to complete.
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EconomyProgramme
IMF approves programme "in principle," repeats position on debt and reforms In the early hours of Friday morning in Greece, the International Monetary Fund’s executive board approved “in principle” at a meeting in Washington a precautionary Stand-By-Arrangement (SBA) for Greece of approximately 1.6 billion euros.
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EconomyMacroeconomy
OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief In its latest Economic Outlook report the OECD notes that the Greek economy is starting to recover and its fiscal target has been surpassed, but that the structural reform process has been uneven.
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EconomyProgramme
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.
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EconomyProgramme
Debt relief, MTFS and return to bond markets on agenda after technical agreement Following the technical agreement between the Greek government and the institutions’ mission chiefs on Tuesday morning, an extraordinary Eurogroup Working Group (EWG) is due to be held on Thursday evening.
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EconomyMacroeconomy
Parliament Budget Office welcomes deal, warns on economic prospects and reform implementation The agreement reached with lenders is an important first step towards restoration of confidence, inclusion of Greek government bonds in the European Central Bank’s QE programme and a future return to capital markets, according to the Parliament Budget Office's (PBO) first quarter (Q1) report.