We can finally say that Greece is out in the financial markets. The first (and trial in a way) Greek bond issuance after 2014 was moderately successful. A conflict erupted between the ex Minister of Finance Y.Varoufakis and the Greek government after claims regarding the period before the referendum and the PM’s attitude.
The ground of Kos was shaken from a massive earthquake of 6.4R, that left two young people dead and several injured, some of them severely. The continuing of the imprisonment of a PhD student has caused massive reactions and protests. The accusations are based on a quite shaken ground due to insufficient evidence; however this […]
Greece is preparing to reenter the financial markets, by issuing a 5-year bond. The lifting of the excessive deficit procedure for Greece was a significant step for the country’s re-entrance in the markets. A positive signal is that the sale of 2 lignite-based units of PPC is being prepared and is to be sent to […]
The summer has begun in Greece and it brought with it the summer fires. The fireguards were facing flaming fronts in Attica and Peloponnese, while other areas are in danger. Another flaming front is the Cyprus issue. The negotiations between the Greek Cypriot and the Turkish side unfortunately were unsuccessful.
The government’s negotiations with the city administration workers front was ultimately successful since the strike of the workers responsible for garbage collection has come to an end. The government accepted the changes in the books used for the Religion course requested by the Church of Greece, avoiding that way a disturbance of relations with […]
After the difficult period of negotiation the Greek government has to return to the reality of the country’s governance. First thing to handle is the trash collectors’ strike which have left the country with a mass of garbage during the summer. The Turkish PM B. Yildirim has visited Athens in order to discuss with the […]
A new set of measures and reforms -a new MoU according to some- was voted by the Greek parliament in order to complete the second program evaluation. The EWG of the 22nd of May did not reached in any conclusions regarding neither the closing of the evaluation nor the issue of the national debt. It […]
After a period of high uncertainty regarding the closing of the second program evaluation, we are now waiting the voting of the required measures by the Greek Parliament. While the French elections, the new President and First Lady of France monopolise the Greek media, our “neighborhood”, the Balkans are a powder keg waiting to blow.
The closing of the second programme evaluation seems to be a done deal, since the greek government and the Institutions have agreed to the measures to be implemented for the next 2 years. The reform that is currently causing the most and most intense frictions is the decision regarding the opening of the stores on […]
Greeks are preparing for another small vacation due to the holiday of May the 1st. The negotiations for the second programme evaluation continue, with the issues of the non-performing loans (the “red loans” as they are called) and the pension system being the main obstacle.