MacroPolis

Greece hopes to catch break from ECB as IMF puts its foot down

05/05/2015 - 09:50

The Greek government is due to launch a new effort on Tuesday to overcome its liquidity problems as talks with its lenders still look far from being concluded and have been complicated by the International Monetary Fund reportedly stressing the need for debt relief from the official sector.

Opposition parties on hold, pending outcome of coalition talks with creditors

04/05/2015 - 09:25

Greece’s opposition parties are among those that will be watching very closely over the next few days to see whether the government is able to reach an agreement with the institutions. The state of negotiations will play a crucial role in developments at New Democracy and PASOK.

Greece eyes temporary solution to liquidity problem from Brussels Group talks

01/05/2015 - 12:46

Negotiations between Greece and its lenders are to continue for a second day on Friday, with Athens hoping that a positive outcome at the Brussels Group could lead to the government’s liquidity crisis being overcome quickly.

Tsipras eyes movement on EEZ after second Greece, Cyprus and Egypt pact

30/04/2015 - 16:29

The leaders of Greece, Cyprus and Egypt signed the Nicosia Declaration on Thursday, aiming at strengthening relations between the three countries.

Lack of time, lenders' demands back Greek gov't into corner

30/04/2015 - 12:07

Brussels Group talks are due to resume on Thursday, with a beefed up Greek team consisting of 18 officials from a range of ministries taking part in the negotiations and reports suggesting that Athens is now willing to back down from some of its “red lines.”

Gov't sees reform multi-bill as path to funding but resistance abounds

29/04/2015 - 12:42

The Greek government is to present its reform multi-bill to the Euro Working Group on Wednesday in the hope that this will move Athens and its lenders closer to an agreement that would unlock further bailout funding.

Tsipras upbeat about funding deal but also mulls referendum in case of impasse

28/04/2015 - 12:11

In his first TV interview since becoming prime minister, Alexis Tsipras expressed his optimism regarding an agreement with lenders in the next couple of weeks but said that he would consider holding a referendum if the institutions force the government to cross some of its “red lines.”

Tsipras steps in amid concern deal with lenders slipping away

27/04/2015 - 09:03

Technical talks between Greece and its lenders are due to resume via a Brussels Group teleconference on Monday as the government seemingly searches for a way to reach an agreement with its lenders following a stormy Eurogroup on Friday.

Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders

24/04/2015 - 10:45

The meeting between Greek Prime Minister Alexis Tsipras and German Chancellor in Brussels on Thursday appeared to confirm that there is a gradual, but not total, convergence between the institutions and Athens, which seems increasingly alarmed by its lack of liquidity.

Greek relations with US on edge due to law allowing terrorist's release

23/04/2015 - 11:54

Relations between Greece and the USA became much tenser this week as a result of Greek Parliament approving on Monday a Justice Ministry bill that paves the way for November 17 terrorist Savvas Xiros to be released from prison before the end of his sentence and placed under house arrest.