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Reforms
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Economy
EC report notes economic imbalances and outlines remedies The European Commission’s country report on Greece for 2019 has highlighted a number of imbalances in the country’s economy and outlined ways in which these can be addressed.
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EconomyProgramme
Brussels highlights lagging reforms ahead of decision on debt relief measures The European Commission issued on Wednesday the second review in the content of enhanced post programme surveillance of Greece.
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EconomyProgramme Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct The institutions have put on record their concern about the delays from the Greek side regarding the implementation of the post-MoU reforms just as Athens pledged that it will be ready to legislate a new framework for the protection of primary residences by the end of the month.
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EconomyProgramme
Lenders put spotlight back on pending reforms ahead of second post-MoU review As Greece approaches the six-month mark after officially exiting its final bailout programme, the government’s to-do list still remains substantial.
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EconomyProgramme
Fresh reminder about pending reforms for Athens, which remains confident on goals Speaking at the Capital Link Forum in New York on Tuesday, a day after European Commission official Declan Costello had issued another reminder that Athens must ensure it completes its pending reforms on time, Finance Minister Euclid Tsakalotos appeared confident that there would not be any delays.
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EconomyProgramme
European Commission approves 2019 budget, urges focus to meet end of year reform goals As part of the European semester package, the European Commission issued on Wednesday the first report for Greece under the enhanced surveillance framework that came into effect following the conclusion of the European Stability Mechanism (ESM) programme last August.
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EconomyMacroeconomy
OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence The Organisation for Economic Co-operation and Development (OECD) issued its expectations for how the Greek economy will grow in the near future with the release of its economic outlook, and stressed the importance of Greece sticking to its reform programmes.
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EconomyFeatures
Greece drops to 72 in Doing Business index as long-term problems persist The latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide.
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EconomyFeatures
Greece 57th in WEF's Global Competitiveness Index based on new methodology The World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell four places in a year, standing at number 57.
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EconomyProgramme
Lenders' visit concludes with no firm answer on pension cuts The first post-programme inspection by the institutions is due to be wrapped up on Friday with no final decision on whether the pension cuts due to be implemented next year will be called off, but with the Greek government confident that it will be granted this concession by its lenders.