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Tag Archives: review

Ministries to review building permissions of multi-story hotels close to Acropolis

The residents’ strong reactions to the construction of two multi-story hotel buildings at the foot of Acropolis forced two Greek Culture Ministry to take action and review the building permissions of these two investment projects. The Ministries of Culture & Sport and Environment & Energy will cooperate in order to …

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Dijsselbloem tells Greece to wrap up review quickly for a “clean” bailout exit

Greece must wrap up an upcoming bailout review quickly to pave the way for a “clean” bailout exit next summer without further conditions beyond standard monitoring, Eurogroup Chairman Jeroen Dijsselbloem said during a visit to Athens on Monday. “We are in full agreement for that – it should be a …

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Deal delay: Lagarde urges eurozone to back Greece debt relief, Schaeuble…

The International Monetary Fund and the eurozone may need more time to reach an agreement on a debt relief package for Greece, the Fund’s managing director Christine Lagarde said on Friday. She urged eurozone lenders to be “far more specific” in their commitment to a debt-relief package for Greece. “We …

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Greece’s €3bn loan to boost employment has to wait, says World Bank

The efforts of the Greek government to boost employment through a loan from the World Bank must be put on hold. And there are two reasons for this, reasons that have directly to do with the World Bank. According to exclusive information of daily Naftemporiki,  a standing and inexorable condition before …

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EU Commission is looking for staff level agreement on review by April 7

The aim is to reach a staff level agreement by the Eurogroup on April 7, European Commission spokesman Margaritis Schinas said on Monday, as Greece and lenders continue negotiations in order to conclude the second review of the current Greek program. The spokesman said that the negotiations between Greece and …

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Mustery solved: Greece to hire Rotchild as debt adviser

As concerns over Greece and its debt mount, Athens has reportedly decided to call in Rothschild, one of the oldest financial firms in the world, to navigate the country’s long-running creditor stand-off and avert default. According to the Financial Times, Greek authorities hope to finalize the appointment before crunch debt …

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EU source: Greece has made little reform progress

Same procedure as last time? Same procedure as every time! – before Greeks and lenders come together to talk about the Program progress that usually ends in the release of a bailout tranche. As the second review of the Greek program in terms of the third bailout are to commence …

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ESM Regling: Greece’s Review talks conclusion “in early May” … ehm… “end of April”

Amid the cold war between Greece and the International Monetary Fund over the Wikileaks and the conclusion of Greek program Review, European Stability Mechanism Chief Klaus Regling said today that he “estimates Greek bailout review will conclude by end of April or early May.” “My hope is that we will …

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EC Greece Report: new austerity measures €7.7bn for 2015-2017

The European Commission may hail the “Greek progress” in its April 2014 review of the second Economic Adjustment Programme for Greece.  The EC may hail the primary surplus and the structural reforms. However at the same time it stresses the need for additional austerity measures totaling 7.7 billion euro for …

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Huffington Post:”What Greece needs now is a new hero” – Oh My!

There is a long, much too long internet article on Huffington Post, advising Greece to find a “new hero”!? In a rather superficial and irrational,  if not ‘naive’ and kind of  popularized psycho-spiritual approach, Vanessa Andris, first generation Greek-American, seems to ignore the real Greece’s  problems of systemic fiscal mismanagement. What …

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