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Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown
PoliticsGreek Politicshave attributed a political flavour to the events, there are hints that the evidence of growing... incident a complaint has been filed against police by a local resident who claims to have been beaten... the same squares” and “it’s not a virus, it’s a junta” have made their appearance around some
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For better or worse: Greece's bailout exit deja vu
Agoraof 2014 had just ended when Greece completed the second programme’s fourth review, leading... and, as such, could leave the Fund’s programme earlier. Greece had two successful attempts at tapping... and PASOK’s corruption and ineptitude. His opponents, though, do not accept this interpretation and have
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Portugal and Greece: The opposite ends of Europe’s southern periphery
Agorain effect last until 2026. The objective of PPS is ultimately to measure Portugal’s capacity to repay...Portugal and Greece are geographically located at the opposite ends of the eurozone’s southern... Coelho’s coalition government a majority of seats in the new parliament. Instead, he was reappointed
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Newsletter 230 -29/11/2019
place to invest. MPs approved nine changes to Greece’s constitution on Monday, the most notable of which was decoupling the election of the country’s president from the possibility of snap general elections. New Democracy’s proposal that up to five votes should be held in Parliament, with the last one
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign PolicyTensions between Greece and Turkey have resurfaced, this time over Ankara’s bid to participate in the European Union’s SAFE (Security Action for Europe) programme - a 150-billion-euro lending initiative aimed at bolstering investment in Europe’s defence industries. On Saturday, Turkish Foreign
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What would a clean bailout exit for Greece mean in numbers?
AgoraSamaras’s government. I will attempt here to add some figures to the discussion and set out what the implications are beyond the political front. ECB After the ESM and the IMF, the ECB is Greece’s third... and other eurozone national central banks (NCB) have a significant impact on Greece’s debt maturity
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Focus shifts to DSA, fiscal targets after IMF loan prepayment
EconomyProgrammeexceeded Greece’s quota with the Fund and some of the loans were subject to surcharges. The extra... euros. Greece has already repaid the Stand-by Arrangement of the first programme and until yesterday’s... and interest charges next year, decelerating to 1.44 billion in 2023. Greece was due to repay on December 3
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Why it makes sense for ESM to swap Greece's IMF loans
Agorapurposes. Regling told Handesbladt that parts of this available financing could be used to repay more expensive creditors and further improve Greece’s debt sustainability profile. One creditors that fits... will be repay this in full. Including total charges and fees, the servicing of the debt to the IMF
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The quarterly national accounts from the income side
Agora2021), we commented on the current government’s reported policy plans to subsidize, in various ways..., at the end of the day, the economy’s true potential. *Bob Traa is a macroeconomist and author... for mergers and scale economies, instead of a government subsidized incentive. As a result
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Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBanking2014, while Eurobank still holds preferred shares of 950 million. In addition, NBG’s preferred shares... in the context of the burden sharing during the bank’s recapitalisation process last November. In Q4
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