PM aims to maintain pace of economic reforms as public worries about migrationPoliticsGreek Politics
The tax bill submitted to Parliament this week, the pension bill due in the coming days and the draft legislation for the overhaul of the Public Power Corporation (PPC) topped the agenda of Thursday’s cabinet meeting, where Prime Minister Kyriakos Mitsotakis urged his ministers to keep up the pace set since New Democracy came to power in July.
New asylum strategy to centre on relocation to closed camps, enhanced border protectionPoliticsGreek Politics
A new asylum strategy was announced by the government in Athens yesterday, aimed at decongesting the Aegean islands of up to 37,000 migrants and refugees who have been stranded there awaiting processing of their asylum applications.
Brussels gives Athens thumbs-up for reforms and budgetEconomyProgramme
Greece’s new government managed to successfully clear on Wednesday the first major approval hurdle in its brief tenure as the European Commission (EC) published the fourth post-programme surveillance report, concluding that Greece has taken all the necessary steps to meet its mid-2019 commitments.
IMF cool on growth, urges greater effort on bank, fiscal and labour reformsEconomyProgramme
The International Monetary Fund (IMF) issued on Friday its latest Article IV consultation report for Greece and its assessment of the condition and prospects of the Greek economy.
Athens hopes IMF prepayment go-ahead aids case for lower fiscal targetsEconomyProgramme
The Greek government is hoping to get the all-clear from the European Stability Mechanism (ESM) on Monday to make a loan pre-payment to the International Monetary Fund, a move which Athens hopes will boost its chances of convincing its creditors to lower its fiscal targets for the coming years.
S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controlsEconomy
S&P raised on Friday its credit rating for Greece by one notch, taking it to ‘BB-’, and kept its positive outlook for the country.
IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gapEconomyProgramme
The International Monetary Fund (IMF) concluded its consultations with the Greek authorities in the context of its Article IV mission with a statement issued on Friday afternoon in which its staff outline the challenges that the new administration will face.
ND promotes positive narrative abroad, away from inquiry clash at homePoliticsGreek Politics
While the domestic political agenda continues to be debated by the tug-of-war over the Novartis affair, the government continues to try to promote abroad a narrative based on progress and renewal.
ND aims to show progress at Eurogroup but QE unattainable for nowEconomyProgramme
Finance Minister Christos Staikouras was due on Friday to take up the government’s drive to convince Greece’s eurozone partners that the country is on the right track following this summer’s elections.
ND unveils development bill it sees as catalyst for growthPoliticsGreek Politics
The government has unveiled its development bill, which New Democracy hopes will act as a catalyst for greater investment in Greece, accelerating the growth rate and delivering the improved economic results Prime Minister Kyriakos Mitsotakis has promised.