Search Results for: greece
Greece: Recap won’t be enough for credit sector
November 2nd, 2015
The Greek economy will have to grow at satisfactory rates for many years to recoup the severe output loss recorded during the 2008-15 period, and perhaps 2016 too. This is not likely to happen if the private sector is ...
Greece turns to USA for Natural Gas
October 29th, 2015
The ever changing dynamic in the Southeast European natural gas sector is seeing a shift in strategy by the Greek government, which is pressing hard for the introduction of prospective supplies of US LNG moving into Europe, via the ...
Greece, lenders start talks on reform compliance
October 22nd, 2015
Greece and its international lenders started talks on Wednesday to assess the country’s compliance with terms of an 86 billion euro bailout, as dissent stirred over tax hikes and pension reforms. Team leaders from three European institutions and the ...
Greece to unveil painful 2016 draft budget
October 5th, 2015
Greece will unveil a painful 2016 draft budget on Monday meant to satisfy international creditors, projecting the economy will stay in recession next year before returning to growth in 2017, in line with the estimates by the country’s lenders. ...
Greece: Recap is key to next disbursements – Eurogroup meeting
October 2nd, 2015
Greece: Banking reforms that are necessary for the sector’s recapitalization are key to the disbursement of the first couple of bailout subtranches, say sources in Brussels, as the Euro Working Group is set to convene on Friday to draft ...
Greece Could Return to Bond Markets Soon, Tsipras Says
September 30th, 2015
Greek prime minister warns that Europe’s migration crisis could harm efforts to turn around fragile economy Greek Prime Minister Alexis Tsipras said his country could return to bond markets soon, if it reached a debt-restructuring deal with creditors in the coming ...
Bailout reforms Greece must take by end-2015
September 23rd, 2015
Greece‘s leftist government will have to move fast to agree a new set of reforms to unlock a new tranche of aid under its 86 billion euro bailout deal. Prime Minister Alexis Tsipras wants a positive review that will ...
Greece’s turbulent year
September 21st, 2015
Greece’s Alexis Tsipras has said his left-wing Syriza party has a “clear mandate” after winning a second general election in less than nine months. But he said Greeks faced a difficult road and recovery from financial crisis would only ...
Greece’s election king still has it all to prove – The City View
September 21st, 2015
Hats off to Alexis Tsipras. In hindsight, we should not have believed that the Greek PM was facing a tough challenge in his bid for re-election. True, polls showed Syriza neck-and-neck with its nearest rival – the New Democracy ...
Greece: Council shows solidarity through faster mobilisation of EU funds
September 17th, 2015
On 16 September 2015, the Council’s Permanent Representatives Committee backed a Commission proposal to help Greece maximise its use of EU funds and improve liquidity for boosting growth and creating jobs. The proposal’s main objective is to address the lack ...
