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The demand for Greek debt relief: Is the cart being put before the horse?
Agoraon one issue: Is the country’s accumulated public debt sustainable or does it need to be restructured... level in the past year than initially projected. Hence, one key condition of such a grand debt... debates is the fact that the IMF in Washington must certify two key assumptions. For one, that Greece
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek PoliticsMonetary Fund – and allowing monitoring. This had been one of the first things the new government said... of debt relief to one of lesser importance. The demand for some form of debt reduction has been SYRIZA... conclusion and review on the basis of the proposals of, on the one hand, the Greek government
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Newsletter 17 - 27/02/2015
. Varoufakis has suggested that one way of covering the shortfall would be for the European Central Bank... for everyone concerned. There are several reasons to begin bracing for the turbulence ahead. One.... Schaeuble also accused Varoufakis of “straining the solidarity of European partners”. It was just one
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Will the real men of unity please stand up?
AgoraAt first it seemed like a harmless joke. “And now for one member state, all the men need to take... a tie when he visited Rome, remarking that the Greek leader had promised to wear one when Greece’s... into Monday’s Eurogroup, one got the sense that there was an appetite not just to criticise the Greek
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Tsipras to meet Merkel amid search for political backing
PoliticsGreek Politicswith EU leaders rather than a technocratic one with eurozone finance ministers. The coalition... Draghi at the EU Council this week in a bid to reach the solution that Athens desires. One of the key... allows great flexibility on the primary surplus target for this year. One of Finance Minister Yanis
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Newsletter 20 - 20/03/2015
money market funds) and one-quarter was sent abroad. Before the June 2012 elections, around 60... in Brussels, where the most recent one took place on Thursday. It is important to point out... of Berlin as the location for the meeting is a reasonable one and Merkel’s initiative
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Approach to protests, policing poses a new quandary for government
PoliticsGreek PoliticsDemocracy leader Antonis Samaras made one of his few public statements since the elections as a result... is certainly one where the conservatives feel they can eat away at the strong support for the government... that Panousis is one of the few members of the cabinet that is not a SYRIZA member. He was an MP
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Newsletter 23 - 17/04/2015
portfolio deterioration accelerates Non-performing loans grew by possibly €3bn in Q1 2015 One of the most... uncertainty is having on the real economy has gone somewhat unnoticed. One clear effect has been... by one notch to “CCC+/C”. It estimated that the Greek economy has shrunk by 1 percent over the last six
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Will SYRIZA accept the proposal from Greece's lenders?
Agora, there is one question that everyone wants the answer to: Will SYRIZA MPs support the deal? The problem.... The best that one can do at the moment is look for signals regarding how SYRIZA members and MPs might... damage. This means there are two distinct ways of reading what is going on in SYRIZA right now. One
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Tsipras keeps IMF waiting, turns focus to MPs and opposition
PoliticsGreek PoliticsAlexis Tsipras is due to speak in Greek Parliament at 6.30 p.m. local time on Friday in one of the defining political appearances of his career and one that is likely to have a pivotal impact... billion euros in bailout funds were “much less painful.” The SYRIZA chief may also have one eye on his
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