Greece exceeds budget revenue targets and slashes expenses
To Vima — The Ministry of Finance has published its figures on the budget execution for the five-month period between January and May, according to […]
ECONOMY
Recipients of big loans are checked for money sent abroad
eKathimerini — Companies, entrepreneurs and borrowers in general who have received major bank loans since 2009 and sent most or all of the money abroad […]
Greek civil aviation staff to stage strike over privatization plans
PressTV.com — Workers in Greece’s civil aviation sector are set to hold a five-day industrial action to express their discontent with the government’s privatisation plans […]
Greek central bank chief calls for debt relief, lower primary surplus target
Reuters — Greece’s European partners should grant the country debt relief and lower its primary surplus targets, Greece’s central bank chief and former Fin Min […]
German lawmakers vote in favour of releasing next aid tranche
Reuters — The German parliament’s budget committee on Friday voted in favour of releasing the next tranche of aid to Greece from the European Stability […]
Euro Working Group gives the green light for Eurogroup to approve release of funds.
Greek Reporter — The Euro Working Group’s meeting in Helsinki on Thursday gave its approval to the reforms the Greek government has passed through parliament […]
Tsakalotos: Greece could be in the ECB’s QE program by this autumn
Bloomberg — Greek bonds will soon become eligible for the European Central Bank’s asset-purchase program, paving the way for an easing of capital controls, and […]
Europe prepares to pick who can run Greece’s banks
Wall Street Journal — European authorities are seeking to replace a third of the board members at Greece’s major banks, among the toughest actions by […]
Greece signs Ellinikon deal to release funding
NYT — Greece on Tuesday signed a major privatisation deal that will fulfil a key condition for the release of further bailout funding, but it […]
All eurozone economies grow in Q1, except Greece’s
eKathimerini — The eurozone economy grew by 0.6 percent in the first quarter of 2016, the highest rate for 12 months, supported by household spending […]
EU: Progress, but more measures needed to unlock funds
Reuters — The European Commission is confident that Greece will conclude the reforms needed to unlock bailout funds before next week’s meeting of euro zone […]
Survey shows 8 in 10 Greeks feel measures were off target
eKathimerini — Eight in 10 Greeks believe the government’s policies are taking the country in the wrong direction, with seven in 10 saying their personal […]
No end to ENFIA tax before 2031 at the earliest
eKathimerini — The new investment incentives bill submitted in Parliament on Friday contained the shocking presumption that the Single Property Tax (ENFIA) will remain until […]
MPs approve fresh prior actions but ECB says more needed
eKathimerini — Coalition MPs on Thursday approved additional measures demanded by the country’s creditors in exchange for rescue loans and access to cheap funding from […]
Greek GDP forecasts keep dropping
eKathimerini — Swiss bank UBS noted a clear deterioration in the Greek economy, saying that in contrast to what it terms as “optimistic” forecasts by […]