Greece’s former representative at IMF sees return to normality in 2018
To Vima — Panagiotis Roumeliotis, Greece’s former representative at the IMF and now president of Attica Bank, expressed the estimation that the country is returning […]
ECONOMY
Greek lawmakers approve 2018 budget, government says last under bailout
Reuters – Greek lawmakers on Tuesday approved by majority the country’s 2018 budget, which the government said would be the last under bailout terms which […]
Varoufakis seeks access to ECB records through the courts
Reuters – Former Greek finance minister Yanis Varoufakis and a German parliamentarian are suing the European Central Bank to gain access to a document underpinning […]
Greek economic turnaround continues
Balkaneu.com — The positive signs coming out of the Greek economy increased this week as the country saw its fiscal targets being met while unemployment […]
Lagarde: “Restructuring Greece’s debt essential”
eKathimerini — A restructuring of Greece’s debt is essential so that the future of the Greek economy can be sustainable, International Monetary Fund (IMF) Managing […]
Greek banks beat ECB target to shrink bad loans exposure
Reuters – Greek banks made further progress during the fourth quarter in reducing their exposure to non-performing loans, central bank data showed on Tuesday. At […]
Greece can become the energy gateway to all Europe
Handelsblatt — According to a German energy expert, the Greek gas and oil sector is where the smart money is heading, thanks to planned pipelines, […]
Eurogroup praises Greek progress, elects Centeno as president
To Vima — The Eurogroup Monday approved the staff-level agreement between the Greek government and its creditors, in the context of the ongoing third evaluation […]
Greece just witnessed something it hasn’t seen since 2006
Bloomberg — Greece’s economy expanded for a third straight quarter for the first time in more than a decade, providing a foundation for the country’s […]
Greece, creditors reach early agreement on progress and reforms – Eurogroup to approve Monday
Naftemporiki — Greek Finance Minister Euclid Tsakalotos on Saturday evening announced that a staff level agreement had been achieved with creditors’ representatives in Athens, a […]
Greece finalises deal with lenders over coal-fired power stations
Reuters – Greece has finalised a deal with its official creditors on the coal-fired plants the country will sell to comply with an EU court […]
Chinese zero in on Greek real estate
Nikkei Asian Review — Greece’s Golden Visa program, launched in 2013, entitles individuals who invest more than 250,000 euros in real estate to five-year resident permits. […]
ESM chief says Greek aid loan needs may be smaller than previously expected
Reuters – The head of the euro zone’s European Stability Mechanism (ESM) bailout fund has told a German newspaper that Greece was making good progress […]
Greek pensioners protest against government that ‘took everything’
Reuters – Several hundred elderly Greeks marched through Athens on Thursday, protesting against a government they say “took everything” with a new round of cuts […]
Average spending per tourist on Greek holiday in 2017 at 536.3€; double for Spain
Naftemporiki — Figures released this week by the Bank of Greece (BoG) show that average spending per tourist on holiday in Greece over the first […]