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Greek parliament to discuss and vote on pension-taxation reforms over weekend The draft law on pension and tax reforms will be discussed by the Parliament plenum over the weekend, with the debate starting at 10:00 on Saturday morning and end with a vote on Sunday night, as proposed by the government.

Paul Mason tells ANA-MPA hes optimistic a deal with creditors will happen

"If a deal can be done, even if it only involves some minor debt restructuring now, and certainty can be created that Greece will remain in the Eurozone, then investment will flow back. Everybody knows this."

Greek market ends up

Athens Stock Exchange ends 1,94% higher on Thursday on lower volumes as the prospect of an agreement between Greece and its creditors drew nearer.

Moodys: Delays in concluding Greeces bailout review are Credit Negative

Moody’s: Delays in concluding Greece’s bailout review are “Credit Negative”Moodys considers the delays in concluding the current bailout programmes review as credit negative for Greece because they increase the risk of a new liquidity squeeze in the economy and prevent any discussion of debt relief, which will weigh on economic confidence.
DEUTSCHE WELLE

Brussels lowers eurozone growth outlook

Brussels lowers eurozone growth outlookThe European Commission has revised downward its expectations for economic expansion in the 19-member eurozone. Its spring outlook revealed particular concerns about developments in Spain and France.
All news
 

Extraordinary Eurogroup to take place on May 9

Negotiations for budget savings totaling EUR5.4bn seem to have been completed and current talks are focusing on an additional EUR3.6bn worth of contingency measures that Greece will need to implement if 2018 budget targets are missed.

Greek bank deposits down in March

According to the latest data released by Bank of Greece.

Schaeuble rules out big Greece crisis this year

"Greece is on its way to making visible progress".

Tsipras: Review of Greeces programme can be done by Easter

"Greeks had shown humanity and solidarity to those in need".

Apple revenue shows first fall in 13 years

Flagging iPhone sales are putting pressure on the worlds most valuable public company.

Tusk urged the Eurozone to close Greek debt talks soon

There is no doubt that a successful completion of the review would strengthen confidence.

European Council head rejects Greek request for extraordinary EU summit

The European Council head, Mr. Tusk, rejected Greeces demand.
ARTICLE
The mystery of the missing Greek exports

The mystery of the missing Greek exports

Six years after the Greek government first lost market access and 4 years after the biggest sovereign default ever the Greek economy is still in the doldrums and the Greek government continues to squabble with its creditors about the details of its budget.
INTERVIEW
Jens Bastian: Damage repair mode is still in operation from the catastrophic 8 months of 2015

Jens Bastian: Damage repair mode is still in operation from the catastrophic 8 months of 2015

The economist and former member of the EU Commissions Task Force for Greece talks to Capital.gr about the underpinnings of the negotiation for the review, the prospects of the new bailout, and the mistakes made both from the greek authorities and the creditors.
ECONOMY
IMF expects 2016e Greek GDP contraction of 0.6% y-o-y

IMF expects 2016e Greek GDP contraction of 0.6% y-o-y

The IMF also expects Greeces unemployment rate to remain unchanged y-o-y in 2016e to 25.0% (from 27.1% previously) before falling to 23.4% in 2017e, while it now expects CPI to average -0.2% in 2016e (from 0.0% previously) and -0.3% in 2017e.

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