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Failure to agree on contingent measures causes further delay in conclusion of review
PoliticsGreek Politicsthat this is a no-go as he does not have the support of his MPs to vote for an extra 3.6 billion euros... to follow in a reprise of previous peaks in the Greek crisis since last January. However, none... for the previous year, the Greek finance minister will be required to take corrective action, if needed
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BoG cautions on impact of tax rises, updates on rising NPEs
EconomyMacroeconomy, tackling the high stocks of non-performing loans (NPLs) and implementation of reforms to support... a previous statement by BoG governor Yannis Stournaras that the reinstatement of a waiver for Greek... of consumer loans were classified as NPLs at the end of 2015 from 49.5 percent in the previous year
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politicspoll for To Vima, New Democracy garnered support of 22 percent, while SYRIZA attracted 18.1 percent..., as well as Greek prime ministers’ previous appearances at the trade fair, the amount and scope... in the sector, that thousands of jobs had been lost in the media in previous years and the lack of sympathy
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Central government debt drops to 323.7 bln in Q3 on bond repayments
EconomyMacroeconomy. In more detail, Financial Support Mechanism (FSM) loans dropped by 900 million QoQ to 225.06 billion, on the back of the IMF repayments. In the previous quarter, FSM loans had peaked to 225.96 billion.... In the previous quarter, debt climbed by 7.33 billion euros largely on the disbursement of the bailout
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Newsletter 102 - 13/01/2017
complete support, bringing his government’s term in office to a premature end. The extension... of 18.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) figures showed... by 2.3 percent in November, following a higher rise of 7 percent in the previous month, according
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Cat and mouse: Greece and Schaeuble
Agoraan institutional support framework by itself is not new. It keeps gaining ground among European institutions..., when the German minister expanded on his previous thoughts in an interview with the Wall Street Journal... provided to the WSJ cast more light on his previous comments regarding the IMF and made it clear that he
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Newsletter 103 - 20/01/2017
of 630 million in one-off support for low-income pensioners. For the whole year, primary expenditure... of the year, compared to the previous 6-month period, to stand at 14.6 million. However, despite... Greek building permits dropped by 5.7 percent in October after rebounding in the previous three
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Greece hopes promising fiscal, economic data will help its cause in review talks
PoliticsGreek Politicssupport for Greece’s position but also arguing that none of the lenders advocated further austerity... that the coalition had stopped using over the past few weeks. The return to its previous stance also... in the context of trying to implement a different type of social policy to the previous governments
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Tormenting Greece with a distorted picture
Agorameasures to conclude it, opposition parties (which have said they will not support the new round... growing in the two previous quarters, while manufacturing PMI has been in contraction territory... no longer be directly compared with previous ones. If these 6.3 billion euros are added to January’s total
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Greeks deeply pessimistic about future but confidence in euro persists
Society, that the level of Greek support is slightly down compared to the 68 percent recorded in the last... average of 51 percent which felt the same. Compared to the previous Eurobarometer survey, the EU average... percentage point compared to the previous survey. The EU average was 21 percent. Another 61 percent thought
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