Agora
Posts in Economy
A Greek proposal that deserves to be heard
Alexis Tsipras’s government had many people scratching their heads and some say even officials fuming with its approach and negotiating tactics since it came to power. It was evident from the very start that time would be against SYRIZA, and inconclusive as well as confrontational negotiations would fuel uncertainty, stretching the budget, draining liquidity, accelerating deposits flight and sinking the economy back into recession.
Contributor: Yiannis Mouzakis
Categories: Europe (289), Economy (341), Greece (519)
Greek negotiations: A marathon that has yet to run its course
Greece’s negotiations with its international creditors have now entered its eighth month, with a possible interim agreement due to be discussed in Brussels between Prime Minister Alexis Tsipras and German Chancellor Angela Merkel and French President Francois Hollande.
Contributor: Jens Bastian
Categories: Politics (407), Economy (341), Greece (519)
Waiting for the hurricane
Over the last few months, Greece has been like a town on the East Coast of the USA during the hurricane season. Greeks have been checking the news every day to see if the storm will hit, causing widespread destruction, or whether it will glance by their homes, leaving behind damage that can be repaired.
Contributor: Nick Malkoutzis
Categories: Europe (289), Politics (407), Economy (341), Greece (519)
How Greek banks can balance on the collateral tightrope
The ongoing and troubled negotiations between Greece and its lenders, as well as the weekly meetings of the European Central Bank’s governing council mean that there is growing concern about the extent to which Greek banks will continue to be able to draw emergency liquidity to cover the outflow of deposits.
Contributor: Manos Giakoumis
Categories: Europe (289), Economy (341), Greece (519)
Where has the money withdrawn from Greek banks gone?
Since December, the Greek banking system has been suffering from extended deposit outflows, which reached 26.8 billion euros at the end of March. Almost 90 percent of these withdrawals stemmed from time deposits, while only around 600 million euros was taken from savings accounts.
Contributor: Manos Giakoumis
Categories: Economy (341), Greece (519)