• Southern countries see Mediterranean as “strategic corridor” for conveying gas to Europe • Auction of T-bills raises EUR 812.5 mln • Greece on the right track as long as it is willing to continue reforms, says Regling • Power executive says sale of lignite plants faced with obstacles # Greece, France, Italy, Portugal, Malta, … Continue reading Athens Digest 31.01.2019
• Athens buoyed by bond-auction success • EC’s Katainen urges persistence on NPL effort • IOBE lowers growth forecast over election-year concerns # Greece’s first post-bailout test in bond markets was declared a success by relieved government officials last night, raising EUR 2.5 billion on a 5-year bond yield of 3.6 percent. Finance Minister Euclid Tsakalotos … Continue reading Athens Digest 30.01.2019
• Green light for market test with 5-year bond • Greece's return to the markets is a very delicate task, says Commission’s VP Valdis Dombrovskis • Minimum wage upped to EUR 650 (+10.9 percent) • Venezuela opposition urges Tsipras to reconsider Maduro support • Study: Outdated policy hurting Greek birth rate # Greece has green lighted plans … Continue reading Athens Digest 29.01.2019
• Creditors conclude mission as several pending issues remain open • IMF predicts rise in growth from 2018 but warns of dangers ahead • Reports says minimum wage will rise by 8-percent • Tsipras, Mitsotakis provide conflicting narratives to Economist # The representatives of the institutions completed their mission in Athens on Friday but with several … Continue reading Athens Digest 28.01.2019
Greece's Parliament has ratified the country's Prespa Agreement with FYROM after independent MPs followed through on a pledge to back Prime Minister Tsipras. The motion passed by 153 votes in a 300-seat parliament, 12 days after Tsipras' coalition collapsed and despite public protests and hostility from opposition parties.