Agora
Posts in Economy
Greece: The moment of truth is inexorably approaching
The Greek government faces a dire financial situation in the coming weeks, especially as lenders are unlikely to relent on the conditions of last month’s loan extension. In fact, Tsipras’ insistence on of pushing for a “political deal” is going nowhere: German Chancellor Angela Merkel, who he will meet in Berlin next Monday, 23 March, is unlikely to deviate from her preference for technical, rule-based solutions.
Contributor: Wolfango Piccoli
Categories: Europe (296), Politics (413), Economy (348), Greece (527)
Will the real men of unity please stand up?
At first it seemed like a harmless joke. “And now for one member state, all the men need to take off their ties,” said European Commission first vice-president Frans Timmermans at the end of a recent photo shoot for the College of Commissioners in Brussels.
Contributor: Nick Malkoutzis
Categories: Europe (296), Politics (413), Economy (348), Greece (527)
The ECB's strict rules apply if you dare not comply
Mario Draghi used the word “rule” seven times in his recent press conference following the meeting of the European Central Bank's Governing Council in Nicosia. Six of those references were related to questions about Greece.
Contributor: Yiannis Mouzakis
Categories: Europe (296), Economy (348), Greece (527)
Greece: The gathering storm
As the dust settles from Greece’s negotiations with its lenders and the arduous work of implementing their agreement begins, it is becoming increasingly evident that the next four months will be an extremely testing experience for everyone concerned.
Contributor: Nick Malkoutzis
Categories: Europe (296), Economy (348), Greece (527)
A pause in uncertainty but for how long?
Is Friday’s agreement at the Eurogroup a good deal for Greece? In some respects it is but in more respects it is not. Above all, the four-month agreement leaves Greece walking an economic and political tightrope over the next four months without knowing what lies at the end of it.
Contributor: Nick Malkoutzis
Categories: Europe (296), Politics (413), Economy (348), Greece (527)