Greek banks unlikely to get green light for cheap ECB cash this week: sources
Reuters — Greek banks are unlikely to regain access to cheap funding from the European Central Bank this week after talks between the Greek government […]
ECONOMY
Greek shipowners net gainers in the global financial crisis
eKathimerini — Greek shipowners are among the net gainers in the global financial crisis, as they have managed to consolidate their domination of the global […]
Greece, lenders at odds over loose ends in reform programme
Reuters — Greece and its international lenders are inching towards an accord over a set of extra measures demanded from Athens to qualify for vital […]
For sale: Greek islands, hotels and historic sites
The Guardian — Privatisations have been at the heart of Greece’s rescue programmes, but from the start have been riven by discord and problem-plagued. Since […]
Greece tells lenders it can’t implement some extra demands
Reuters — Greece has told its European and International Monetary Fund creditors it cannot implement some of the extra changes sought in exchange for fresh […]
Athens hopes to qualify for QE programme
RTE News / Bloomberg — Greece’s finance minister has said he hoped Athens could swiftly qualify for the European Central Bank’s quantitative easing programme after […]
Putin signs economic deals with Greece
DW — Russian President Vladimir Putin sealed a number of economic deals during a visit to Greece aimed at reinforcing Russia’s relationship with Athens. The […]
New VAT rates scheduled to come into effect on 1 June
To Vima — The standard rate will increase to 24%, while the standard reduced rate for islands will increase to 17% The General Secretariat of […]
Greece to sell 5 pct of telecoms operator OTE under updated plan
Reuters — Greece plans to sell a 5 percent stake in dominant telecoms operator OTE under updated privatisation plans, the government said on Wednesday. The […]
IMF seeks to keep wiggle room while backing Greek debt deal
Bloomberg — The IMF sought to maintain leverage in Greek debt talks after the lender retreated from a key demand and agreed to work on […]
Eurogroup agrees Greek debt not sustainable to keep IMF on board
The finance ministers of the eurozone early Wednesday agreed on a new set of funding measures for Greece that was bolder than forecast but nonetheless […]
Fraport welcomes approval of airports concession contract
eKathimerini — Fraport Greece on Monday responded to Parliament’s approval on Sunday of the concession contract for the 14 regional airports to the German-Greek consortium. […]
Greece’s parliament approves new austerity bill
DW — Greece’s parliament on Sunday passed another omnibus austerity bill for tax hikes, more cuts and a new privatization superfund, which will manage almost all state […]
Greece braces for more austerity amid EU-IMF quarrel about debt
bloomberg — Greek Prime Minister Alexis Tsipras braces for yet another vote on additional austerity measures, as European creditors remain at loggerheads with the International […]
Greece records budget surplus in the first four months of 2016
CityAM.com — Greece recorded a budget surplus of €2.4bn in the first four months of 2016. The surplus in Greece’s central government primary budget exceeded its own […]