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Newsletter 85 - 05/08/2016
In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... of finding settlements for cooperative borrowers subject to their capabilities and peculiarities..., even though SYRIZA’s governing partner, Independent Greeks (ANEL), did not back
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise... of March. The monthly increase primarily stems from a rise in ECB funding by 1.03 billion to 58.84 billion. In addition, the Emergency Liquidity Assistance (ELA) funding slightly grew by 0.24 billion
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ANEL adds to uncertainty over Macedonia name deal and its political impact
PoliticsGreek Politicsshow on Tuesday night, a spokesman for the junior coalition partner, Independent Greeks (ANEL.... Theodoros Tosounidis did not rule out the possibility of ANEL failing to support its governing... the SYRIZA-ANEL coalition and prevent the name deal, which the conservatives oppose, being approved
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Latest Tempe report kicks off political storm as government claims vindication
PoliticsGreek Politicscould ignite under the right conditions, a finding which appears to support the government’s... opposition parties. On Tuesday, a report by a team at the National Technical University of Athens (NTUA... not suit its narrative, and of cherry-picking elements of the NTUA report which back its story
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Name deal uncertainty set to continue despite ANEL attempt to clarify stance
PoliticsGreek Politicsjunior coalition partner, Independent Greeks (ANEL), claimed on Tuesday that they have no intention of bringing down the government over this matter. Defence Minister Panos Kammenos, who leads ANEL, convened an emergency meeting of ANEL’s parliamentary group (seven MPs) on Tuesday to discuss
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Name deal set to be key factor in determining lifespan of SYRIZA-ANEL coalition
PoliticsGreek PoliticsAlthough differences between coalition partners SYRIZA and Independent Greeks (ANEL) over... views will not trigger a premature end for Prime Minister Alexis Tsipras’s administration. ANEL leader... the confidence vote, thereby suggesting that even if ANEL is against the agreement, it would not bring
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Divisions emerge within ANEL over vote on Macedonia name deal
PoliticsGreek PoliticsGreeks (ANEL), that he will bring down the government if the Macedonia name agreement comes to Greek... his back on the coalition if necessary. Two ANEL MPs have openly voiced their disagreement...) change its constitutional name to North Macedonia, there is no reason for ANEL to quit the government
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SYRIZA states intention to continue as minority govt after ANEL leaves coalition
PoliticsGreek PoliticsAgreement, despite the expected departure of junior coalition partner Independent Greeks (ANEL) from... with the Former Yugoslav Republic of Macedonia (FYROM). Defence Minister Panos Kammenos, who leads ANEL... in SYRIZA see the divorce from ANEL as a positive, considering that it was a political compromise
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SYRIZA looks back at time in office as it searches for way forward
PoliticsGreek PoliticsGreeks (ANEL) over the Prespes Agreement as having hampered the government’s efforts to raise awareness...’s alliance with ANEL, arguing that it was the only option open to Alexis Tsipras. It criticises... in Parliament following the break-up with ANEL, served to lull the leftists into a false sense of security
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