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Reforms
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EconomyProgramme
Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package The Greek government has given its clearest indication yet that it does not intend to implement the 1 percent of GDP in pension cuts due next year.
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EconomyProgramme
Focus turns to first post-MoU visit by creditors and talks on pension cuts Greece’s post-programme era, which officially began on Tuesday, is to start in earnest on September 10, when the institutions are due to return to Athens for the first round of discussions with the government.
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EconomyMacroeconomy
Growth conditions improving but more work needed over longer term, PBO suggests The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis.
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EconomyProgramme
IMF voices concerns over long-term debt, sees more relief being needed In the report of the Article IV consultation with Greece, the International Monterary Fund (IMF) updated its Debt Sustainability Analysis (DSA) to incorporate the debt relief measures that were agreed by the Eurogroup in June.
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EconomyProgramme
IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report The International Monetary Fund (IMF) published on Tuesday the report for the Article IV consultation with Greece, which was discussed by its executive board last week.
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EconomyProgramme
Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC The privatisation of Hellenic Petroleum (HELPE) inched forward as the tender process for a 50.1 percent stake in the oil refinery entered a new phase.
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EconomyFeatures
More changes needed to unlock private sector's potential, report says Greece has to take specific steps to unleash the potential of its business economy because the reforms implemented during its three adjustment programmes have not had the desired impact, a study carried out by the German Institute for Economic Research (DIW) argues.
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EconomyProgramme
HELPE privatisation moves closer as ROSCO sale is completed Two international bodies have made it to the second round of bidding for a 50.1 percent stake in Hellenic Petrol (HELPE) as progress continues on Greece’s privatisations.
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EconomyProgramme
Lenders set out post-MoU reform tasks ahead for Athens Aside from marking the completion of Greece’s third and final European Stability Mechanism (ESM) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off.
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EconomyProgramme
Lenders set out post-MoU framework with aim of securing reforms Details of the post-programme framework that is set to be agreed at Thursday’s Eurogroup, ensuring that Greece meets its fiscal and reform targets in the future, have been published.