greek economy

Eleftherios Venizelos, one of the greatest statesmen of the Modern Greek state, spoke more about interests than about just rights.

The leader of New Democracy called for a change in the agenda of Greece-Germany economic relations.

Weber lambasted Tsipras’ economic policy and the Greek PM’s refusal to sign on to EU initiatives regarding the removal of Venezuelan President Nicolas Maduro.

The finance ministry now fears that fiscal targets will not be met if employees’ holiday bonuses are restored in the public sector.

Greece is the only eurozone country that borrows with such high interest rates. The crisis is over for Portugal and Spain, but unfortunately not for Greece.

In order to achieve the desired autonomous return to the markets and render the country fundable there must be repeated Greek bond issues at regular intervals and across all terms of maturity.

Katainen expressed the Commission's satisfaction regarding Greek investments under the European Fund for Strategic Investments

Isolated from the Greek people, burdened with politico-ideological fixations, and with a limited understanding of the contemporary world, Mr. Tsipras cannot keep up with international trends.

The government is signaling that it is all right if creditors are dissatisfied with the fact that it will not be able to meet a series of existing commitments by a 15 February deadline.

Asked if New Democracy will govern better or worse than SYRIZA 30.6 percent said it would do worse or probably worse, but 47.4 percent ND would do better or probably better.

The report of creditors will determine the stance of the markets and the return of about 700mn euros in profits of eurozone central banks from Greek bonds.

Analysts now view PM Alexis Tsipras as the head of a minority government that cannot fully govern despite the recent confidence vote in which it received an absolute majority in parliament.

Within the next 30 days Greece’s creditors or “institutions”, which are currently in Athens to conduct an evaluation, expect the government to have met 16 prior commitments.

No normal economy has been saddled with the straight-jacket of huge primary surpluses. No regular economy is subjected to the enhanced surveillance of European institutions and of the IMF.

The report says that upcoming election will be critical in bolstering growth.

Economic analysts and major financial players are underlining that political uncertainty can have an exceptionally negative impact on the course of the economy.

Upstart MPs without political grounding, ideology or a political viewpoint are ready to do somersaults and switch camp as long as they can even briefly prolong their term in office and harbour the delusion that they save themselves politically.

The report underlines that the sooner the Greek general election is held the better for the immediate prospects of the economy, as it will boost fragile investor confidence.

Greece will continue to be ruled by a government that sacrifices the political stability that the country sorely needs in order to stay in power at all costs.

At the moment politics is being channeled towards gamblers’ practices and the system of government is slipping into an anomalous situation, comparable to the one that prevailed in the mid-1960s.

Political uncertainty predominates, resulting in the entrapment of and threat to the economy, as Mr. Tsipras would concede.

The talks also touched on tax cuts that ND has proposed, attracting investment, and continuing on the path of structural reforms.

The German Chancellor and other European partners do not want to have to tackle a Greek question again.

'I am grateful to Alexis Tsipras for working with [FYROM PM] Zoran Zaev for a solution to the naming issue,' Merkel said

'Much of the out-performance has come from deep cuts in public investment, which would normally be a critical driver for economic growth,' the FT report underlined.