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  1. As part of search for culprits in Boutaris attack, parties should look at themselves
    Photo by Andreas Simopoulos/Fosphotos

    Agora

    to promote itself as a modern, European centre-right force. During last Friday’s debate on the Novartis... Democracy MEP, Giorgos Kyrtsos, a member of the EPP in the European Parliament: Γιατί... the European parliamentarian. New Democracy has also adopted a rather incendiary approach on the Macedonia

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  2. Debt relief talks enter final phase, with June 21 as target for deal
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    European Department, Poul Thomsen, reportedly held talks this week with German Finance Minister Olaf.... In comments to journalists in Brussels, the eurozone official suggested that the European lenders would... having to be taken by the Eurogroup, European Stability Mechanism or even national parliaments

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  3. All eyes on Washington Group's attempt to break debt relief deadlock
    Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6

    EconomyProgramme

    of the third bailout. Speaking in Athens on Thursday, the head of the European Commission’s mission... the goal. However, he also called on European partners to provide frontloaded debt relief for Greece... at the same event, the European Stability Mechanism’s (ESM) chief economist Rolf Strauch emphasised the need

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  4. Bond difficulties put a dent in coalition's exit plans
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    journalists at the sidelines of European People’s Party (EPP) gathering in Munich on Wednesday, he suggested... three years as it was “unable to bring yields down to the average of the European south.” Perhaps also... of the IMF’s loans by the European Stability Mechanism among other things. As a result, the latest meeting

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  5. What the ECB did next - a tale from another crisis
    Photo by MacroPolis

    Agora

    Italy’s political crisis and incoming government brings the European Central Bank back to making unpleasant choices as it tries to balance market risks with charting a path out of never-ending... and European Financial Stability Facility (EFSF)/ European Stability Mechanism (ESM) funds rather

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  6. Despite debt deal likely falling short, IMF to retain a role in Greece
    Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6

    EconomyProgramme

    the Eurogroup meets on June 21. Regarding the timing of the agreement, Lagarde, European Commission... the European lenders have in mind, though, appears to be insufficient for the IMF to activate its Greek... after that but the European Commission official indicated that the details are under discussion

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  7. EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    Following the Eurogroup agreement early last Friday, the European Commission updated the compliance... by Greece’s European creditors. The International Monetary Fund will issue its own DSA in the context... to GDP falls below 100 percent by 2060. The European Commission also examines a more conservative

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  8. IMF concludes Article IV consultation, prepares to publish DSA in July

    EconomyProgramme

    compliance report issued on Monday, the European Commission updated its own DSA in which there were... growth the IMF also estimates. Additionally, the European side of the creditors also acknowledged... of GDP total financing needs. In the European baseline scenario of nominal growth of 3 percent

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  9. Draghi sets out QE obstacles facing Greece
    Photo by MacroPolis

    EconomyProgramme

    European Central Bank president Mario Draghi confirmed on Monday that Greece has little chance of being included in the QE programme. Speaking to the European Parliament’s economic affairs committee...,” added Draghi. The European Stability Mechanism’s (ESM) executive board is due to meet on Friday

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  10. IMF voices concerns over long-term debt, sees more relief being needed
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    in the medium-term but the long term debt outlook remains uncertain given the ambitious European assumptions... historical evidence why its view on the long-term assessment of Greece’s debt is different to the European... in at 2.7 percent instead of 3 percent. Even in this scenario, which is closer to the European

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