Greek Politics
Back to the technocrats for Tsipras after Riga meeting yields little
A meeting between Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande in Riga on Thursday night failed to yield any tangible results, even though Athens insists that an agreement with creditors is just days away.
SYRIZA strife not a rebellion in the making yet
There has been a lot of movement within SYRIZA over the last few days amid concern that lenders will force the government to sign a deal that runs contrary to the party’s main pre-election pledges.
Growing scepticism of SYRIZA strategy but opposition parties fail to profit
The Greek public’s increasing scepticism about the government’s negotiating strategy has been emphasised by a new poll, which underlines, though, that opposition parties are not profiting from the growing doubts about SYRIZA.
Close call on IMF payment puts Tsipras under more pressure at home, abroad
Reports over the weekend that Greece came close to not paying the 750 million euros due to the International Monetary Fund on May 12 will increase the political pressure on the government to reach a deal with lenders as soon as possible.
SYRIZA caught in push and pull between voters and members over deal
SYRIZA finds itself caught between party members and MPs, who are reluctant to sign up to a deal with lenders that will mean adopting more austerity measures, and Greek society, which is growing increasingly desperate for a deal as cash dries up.
Signs of siege mentality in gov't dispute with lenders, BoG governor
Negotiations between Greece and its lenders were due to resume at the Brussels Group level on Thursday after a lengthy cabinet meeting in Athens on Wednesday night.
Eurogroup leaves Greece in limbo, with liquidity drying up
Monday’s Eurogroup produced a lukewarm statement on the state of Greece’s negotiations with its lenders that Athens hopes will be enough to avert any decision from the European Central Bank that would further restrict liquidity to local lenders but which is unlikely to suffice for Frankfurt to lift the T-Bill cap for the Greek state and banks.
Eurogroup build-up dominated by internal friction over way forward
The Greek government will be looking towards Monday’s Eurogroup for some kind of positive indication regarding the state of its negotiations with lenders but expectations for any kind of notable statement are extremely low.
Greece prepared to move on pension, labour reforms but details to be decisive
A joint statement by European Commission President Jean-Claude Juncker and Greek Prime Minister Alexis Tsipras on Wednesday may prove a pivotal moment in the new government’s relationship with its creditors but still leaves a lot of work to be done in the next few days.
Greece expects no surprises from ECB despite questioning chances of deal
The Greek government appears confident that a meeting of the European Central Bank’s governing council today will not result in a greater haircut being applied to the collateral provided by Greek banks seeking emergency liquidity (ELA).