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Proxy battle looms over Greek conglomerate Ellaktor

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

Image result for ellaktorUnusual governance structure has resulted in ‘management deadlock’ says former chairman

By Sam Jones in London and Kerin Hope in Athens, Financial Times 

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Pockets of optimism in Greece

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Pockets of optimism in GreeceBy Intelligent Insurer

The Greek economy has been in recession since 2010 and has the lowest level of insurance penetration in the EU. Nevertheless, there are pockets of growth and optimism, says Gerry Tighe, head of treaty at reinsurance broker MATRIX.

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Moscovici says front-loaded measures for Greek debt will enhance confidence

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moscoviciBy Eleni Varvitsiotis, Kathimerini

What Greece needs in order to gain full access to the money markets is debt relief through significant, front-loaded measures that will enhance confidence in the local economy, European Commissioner for Economic and Monetary Affairs Pierre Moscovici told Kathimerini in an interview published on Tuesday.

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Merkel, Lagarde to seek last-minute Greek debt deal

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Merkel, Lagarde to seek last-minute Greek debt dealBy Zacharias Petrou, ΙΒΝΑ

German Chancellor Angela Merkel will meet with the Managing Director of the International Monetary Fund (IMF), Christine Lagarde on Monday, a development which could prove crucial in the ongoing efforts to strike a deal to grant Greece much-needed debt relief.

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Azerbaijan, Greece have potential to expand cooperation in tourism

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By Sara Israfilbayova

Azerbaijan and Greece have the potential to expand cooperation in the tourism industry.

Greek Ambassador to Azerbaijan Nicolaos Kanellos made the remarks during the meeting with Economy Minister Shahin Mustafayev.

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Greece still struggling with high unemployment

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Image result for greece unemploymentby Greek City Times

The Hellenic Statistical Authority released the latest unemployment figures on Thursday noting a small decrease from 22.1% in March 2017 to 20.1% March 2018.

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In Greek economy's vicious cycle, workers lose most

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Image result for greek economyExperts say consumer prices have not fallen with ordinary Greeks paying the price of creditor-imposed austerity.
 
by John Psaropoulos, Al Jazeera
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Erdogan has his own views about economy

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Image result for erdoganTurkey's president has made a huge bet that he's right and all of the world's economic experts are wrong.
 

BY BORZOU DARAGAHI, Foreign Policy

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Greece desperate for debt relief as it prepares to exit supervision

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

Greek ParliamentBy greek city times

As Greece prepares to exit supervision after successfully implementing reforms demanded by the troika in exchange for bailout support, all eyes are on the upcoming Eurogroup meeting in Brussels where the much needed debt relief will be discussed.

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Greece’s creditors push bailout exit in name only

Καταχωρήθηκε από τον/την Δέσποινα Συριοπούλου on . Δημοσιεύθηκε στο Economy

Image result for greece bailoutEurozone diplomats are wary more Greek political drama will dismantle eight years of progress.
 
ByBJARKE SMITH-MEYER, Politico

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