A European Commission official has denied reports in Greece that the troika only agreed to return to Greece after Athens agreed that next year’s fiscal gap would be as big as 2.9 billion euros.
eKathimerini: November 4, 2013
European Central Bank executive board member Joerg Asmussen said Monday criticism of Germany΄s economic model from the U.S. Treasury and the International Monetary Fund is only partially justified.
Capital.gr: November 4, 2013
Troika insists that measures amounting to €2–2.5bn need to be taken in 2014, as the memorandum states that the 2014 budget must to do all that is necessary to achieve a primary surplus equal to 2.5% of GDP
Enet: November 4, 2013
Retail workers protested in Athens against a relaxation of rules restricting the number of Sundays a year when shops can open, a reform demanded by Greece's foreign lenders which aims to make its recession-hit economy more flexible.
Reuters: November 4, 2013
Germany wants the rest of Europe to trade their way to prosperity, but not if it means Germany has to buy their stuff.
The Atlantic: November 2, 2013
EU says Greece made new proposal on filling 2014 budget gap
Reuters: November 2, 2013
Greece's target for foreign tourism arrivals next year is over 18 million euros, daily Kathimerini reports quoting the president of the Association of Hellenic Tourism Enterprises (SETE), Andreas Andreadis as saying. Air arrivals are likely to rise by as much as 1 million.
November 1, 2013
Greek government sources have denied the troika has put off a visit to Athens on Monday to negotiate progress in the country’s adjustment program and finalize the approval of the disbursement of the next tranche of Greece’s rescue loan.
Independent Balkan News Agency: November 1, 2013
The Greek manufacturing sector contracted further in October, and at a slightly faster pace than in the previous month, data from a survey by Markit Economics showed Friday.
RTT News: November 1, 2013