01-06-2018 | EYE ON GREECE | EU

01-06-2018 | EYE ON GREECE | EU

 

Friday, June 01, 2018

No agreement by Monday means IMF will probably not participate in Greek program

European creditors and the IMF are seeking a last-minute agreement over the Greek debt, although the Fund’s participation as a creditor in the Greek program appears unlikely if there is no breakthrough in negotiations by Monday.

https://www.naftemporiki.gr/story/1355321/reuters-no-agreement-by-monday-means-imf-will-probably-not-participate-in-greek-program

Sources point to Greek govt optimism over ‘name issue’ resolution

Government sources were optimistic in their assessment that an agreement between Athens and Skopje to finally resolve the obscure – by international standards – but nagging fYRoM “name issue” is forthcoming, and that the scope and substance of the accord will be such that it will force most of the opposition to back it in Parliament.

https://www.naftemporiki.gr/story/1355414/sources-point-to-greek-govt-optimism-over-name-issue-resolution

Opposition chief vows VAT cut on tourism services

New Democracy chief Kyriakos Mitsotakis has vowed to reduce the value-added tax on tourism-related services to 11 percent if he is elected prime minister.

http://www.ekathimerini.com/229146/article/ekathimerini/news/opposition-chief-vows-vat-cut-on-tourism-services

N17 hitman on hunger strike over prison leave

Dimitris Koufodinas, a jailed former member of the now defunct November 17 urban terror group, was on hunger strike for a second day Thursday demanding regular furloughs and the abolition of the Supreme Court prosecutor’s veto power over his requests for prison leave..

http://www.ekathimerini.com/229154/article/ekathimerini/news/n17-hitman-on-hunger-strike-over-prison-leave

Hellenic Fiscal Council: Several serious risks iimperil economic forecasts

A report by the Hellenic Fiscal Council (HFisc), an independent administrative authority established in 2014 under the second memorandum, on Thursday referred to significant risks that jeopardize the Greek economy’s macro-economic forecasts.

https://www.naftemporiki.gr/story/1355558/hellenic-fiscal-council-several-serious-risks-iimperil-economic-forecasts

Greece eases capital controls, raises monthly cash withdrawal limit

Greece will raise the monthly limit of cash that can be withdrawn from bank accounts to 5,000 euros from 2,300 euros as part of measures to ease capital controls imposed three years ago, the government said on Thursday in a decree.

http://www.ekathimerini.com/229144/article/ekathimerini/business/greece-eases-capital-controls-raises-monthly-cash-withdrawal-limit

Privatization agency: Five expressions of interest for majority stake in Hellenic Petroleum

Five expressions of interest for the purchase of a majority package of the Hellenic Petroleum (Hel.pe) group were submitted by a deadline late on Wednesday.

https://www.naftemporiki.gr/story/1355350/privatization-agency-five-expressions-of-interest-for-majority-stake-in-hellenic-petroleum

ATHEX: Action-packed end to session

The stock rebalancing due to changes in the MSCI indexes led to significant shifts in the closing auctions of Thursday’s trading session in Athens that accounted for about two-thirds of the entire day’s turnover. It concluded the month of May at Athinon Avenue, with the benchmark suffering losses of 11.93 percent over that period.

http://www.ekathimerini.com/229172/article/ekathimerini/business/athex-action-packed-end-to-session

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KATHIMERINI: Instability scenery in the European South

ETHNOS: Rehearsal for solution of the dispute with Skopje

TA NEA: Degeneration. Vulgar tweets of shame by Defense Minister Panos Kammenos

EFIMERIDA TON SYNTAKTON: Just a phone-call away from a deal on the FYROM name-dispute

AVGI: US president “pressed the button”

RIZOSPASTIS: Thousands participated in the communist party’s rallies and send a message of struggle

KONTRA NEWS: Aktor – Terna – Siemens to stand trial

DIMOKRATIA: New upheaval for Macedonia

NAFTEMPORIKI: US President Trump “pressed the button” initiating a commerce war