Tag Archives: review

The Court of Appeals in Athens has initiated a review of the sentences for the deadly Mati fire disaster case, following an outrage of victims’ relatives and an appeal against the controversial ruling. On April 29 and after an 18-month trial, the court convicted only six of the 21 defendants …

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A prosecutor ordered a review of SYRIZA leader Stefanos Kasselakis’ source-of-income declarations (pothen esches) for possible violation of the law, it was announced on Tuesday. The order for the review will focus on whether Kasselakis violated the law on asset declarations, particularly regulations forbidding Greek leaders of parliamentary parties from …

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Bank of Greece (BoG) governor, Yannis Stournaras, on Tuesday requested a review of all tax exemptions by the political leadership of the finance ministry, adding that “the country needs revenue.” Stournaras was speaking at a conference organised by ‘Kyklos Ideon’ think tank. He also argued that the revenues expected to …

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The staff of International Monetary Fund (IMF) has published the preliminary findings after paying a visit to Greece in the context of the 4. post bailout program enhanced surveillance review. Stressing that “The views expressed in the staff report and do not necessarily represent the views of the IMF’s Executive …

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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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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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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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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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While the Greek government is making desperate efforts to have the additional austerity measures of further pension cuts and broader tax-free basis implemented in 2019 and 2020, the known ‘powers’ take to their favorite hobby: sabotage, boycott, hit and run and new obstacles. A day before the crucial Eurogroup meeting …

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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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I had to contemplate a lot about the Eurogroup on Monday. I had to think a lot on whether I should write a report about the results or simply grab any Eurogroup post from my archives 2010-2016 and just copy paste it. From Eurogroup to Eurogroup, seven years long, always …

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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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The Eurogroup issued a Delphic announcement on Monday afternoon on the closely watched second review of the Greek program (third bailout), announcing previously leaked short-term debt relief measures, praising progress towards the review but insisting that the fiscal target of a 3.5-percent budget surplus goal should be “maintained in the …

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Greece’s prime minister told his new cabinet on Sunday that Athens “can and will” conclude its second bailout review in time for long-awaited debt relief talks to begin in December. Alexis Tsipras reshuffled his government on Friday and urged his ministers to work hard to rapidly complete the review, which …

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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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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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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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The IMF’s review on its Greek program was released late last night. The 51-pages document on Greece’s fiscal adjustment program 2010-2013 is more than clear: The IMF screwed Greeks for three consecutive years. The IMF failed to realize the damage  austerity would do. The IMF failed to predict the real …

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23 April 2010: Many Greeks did not quite understand what then prime minister George Papandreou was telling us from the remote but picturesque island of Kastelorizo. The houses were bathing in the sun, the deep blue sea was sparkling. It was all set up in a perfect scenery, but the …

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New austerity measures, new haircuts, grim predictions for the near future, debt unsustainability but also bold intervention in the internal political affairs of the country recorded in the latest Greek program review released by the International Monetary Fund on Friday. Greece is recovering but debt is not sustainable, International Monetary Fund …

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