greek economy

The Brexit path toward the unknown does concern only the UK. BREIt is an economic event of such magnitude that it can affect the global economy.

The danger of a new economic derailment has not been eradicated.

The government was forced to shut down banks and to impose capital controls, which was supposed to be a temporary measure.

After four years of sacrifices Greece has transcended an environment of reservations that was maintained by the markets and representatives of the international economic system.

Now everyone can understand that the Elliniko investment, liberated from bureaucratic red tape and shackles, can move forward and offer the expected growth impetus to Attica and the entire country.

What is needed is a comprehensive PPC salvation plan that can avert even the slightest possibility of collapse.

The times are not propitious for Mr. Mitsotakis. He must act swiftly and decisively. In these tough times there is no room for reservations and indecisiveness.

The aim is to create a framework for the mandatory electronic submission of invoices and bookkeeping for all businesses and freelance professionals, as of 1 January, 2020.

There is the basis of an economic recovery even as the banking system moves in the direction of an excellent clientele and of the competitiveness that the economy needs.

With his actions and choices Mr. Mitsotakis signaled that he leads a government which has its own plan and programme for an exit from the crisis

Greece, which is now borrowing with record low interest rates and can hope for a definitive exit from the crisis, will be able to borrow more money more cheaply.

Every Greek citizen has suffered the martyrdom of dealing with a monstrous and constantly expanding bureaucracy.

The monitoring mechanism that the government intends to establish to ensure transparency should be welcomed as a step in the right direction.

Will the government’s plan and decisiveness in implementing it prove stronger than the resistance that it will undoubtedly come up against?

Investors are not afraid that they will lose their money as was evidenced by the great demand for the seven-year bond.

The economy needs these tax cuts in order to achieve a high growth rate. Such relief measures are necessary in order to exit the crisis and for the economy not to fall into stagnation.

The greater the aggregate percentage of the vote of parties that fail to pass the three percent threshold to enter Parliament, the lower the percentage that ND will need to clinch a parliamentary majority

Decisions must be taken swiftly to unblock investments entangled in bureaucratic red tape and to send a strong signal that errors of the recent past will not be repeated.

'He is not among those in New Democracy who governed between 2004-2009 and who led the country with their irresponsible economic policy a step closer to catastrophe,' the Germany daily says of the ND leader.

There is an expectation that there will not be a repeat of phenomena of extreme populism that deeply wounded the country, most notably with the extension of the crisis for an extra four years.

From the PM's point of view, over-taxation, the suffocation of the middle class, and the dramatic plunge in public investment are not particularly problematical.

'He wants to unblock privatisations, reduce what he calls the state’s needlessly large footprint and make sure that Greece borrows at the same cost as other European countries,' Reuters reports.

A Hellenic Federation of Enterprises report says the middle class faced unprecedented over-taxation based on economic aims but political motives.

“The challenges for Mr. Mitsotakis, if elected, would include reforming a Greek state that has defied many attempted overhauls, convincing Germany and other lenders that his tax cuts will pay for themselves via better growth, and getting his own party to break with old habits of political patronage,” the report states.

The central banker’s assessment reminds one that the economy has not yet turned a page and that it has not been shielded from dangers.