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Reforms
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Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
The European Commission is due to publish on Wednesday the third enhanced surveillance report, highlighting that recent fiscal interventions by the government have cast doubt over whether this year’s primary surplus target will be reached.
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Lenders highlight risks of 'short-term popular' measures unveiled by government
There has been a highly sceptical reaction from the institutions to the fiscal expansionary measures announced by the Greek government this week, including a reduction to VAT rates and a bonus for pensioners.
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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Standard and Poor’s (S&P) reaffirmed on Friday its credit rating for Greece at ‘B+’, also maintaining its positive outlook.
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
The Bank of Greece’s (BoG) annual report has outlined a number of challenges and proposals for the Greek economy, and included a downward revised forecast for growth.
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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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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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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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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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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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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.