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In hindsight it would have been nicer
Agora2010 and October 2011 banks in core eurozone member states sharply reduced their exposure to Greece... for potential bank bailouts, the preferred path was to saddle Greece with debt to pay off these banks... a staggering 24 billion euros or 10 percent of GDP just four years ago. Every single troika member
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21,717,120,000
Agoramember states for the EFSF’s bond issues. It was only when the ESM was formed that the capital... the first installment totaling just under 33 billion euros in October 2012. All 18 euro member..., Germany had to pay interest of close to 3.5 percent to issue a 10-year bond. The latest yield
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You've heard the Greek crisis myths, now here are some truths
Agorathat German and Slovak taxpayers have not been burdened by the Greek bailout so far. Other member... commitments from member states, initially for 440 billion euros and then raised to 780 billion. The EFSF... of the EFSF loans to Greece) or when interest payments start coming due, Greece is unable to pay
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Newsletter 33 - 03/07/2015
of the month to pay their monthly tax obligations. July is a critical month for budget revenues since... as a eurozone member is in payment default with an international creditor and the government... in Athens are at risk of defaulting to a second international creditor and member of the troika
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Newsletter 36 - 24/07/2015
bond held by the ECB to pay. However, there are reservations about whether the complicated talks can... becoming a bystander as other member states argued with themselves or even with the institutions..., the example to avoid, rather than a troubled member of a common currency that needed a stable
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Multiple crises fence in Greece
Agorainstead. It is not only pensions that would feel the impact as retirement pay in Greece makes up... of people towards Europe as a tool for leverage, and the EU, whose member states and electorates... the EU wants has caused significant tension with other member states that just want to see the flows
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Some basic products in Greece among most expensive in EU
Society. Comparatively, fish is also more expensive in Greece than in most EU countries. Consumers pay 113 percent... price in the old 15 “western” member states. Indeed, cigarettes and other tobacco items were cheaper... expensive member state than in the cheapest one. Denmark had the highest price level for food
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IMF’s independent evaluation office identifies mistakes and challenges in Greece’s first programme
EconomyProgrammeof a monetary union. The report also stresses that the IMF did not initially pay the necessary attention... and the European Commission and the political limitations of member states made avoiding debt... program ownership and growth proved much too optimistic. However, Greece remained a member of the euro
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What Dijsselbloem didn't say
Agoramedia, in politician’s populist rhetoric and among the popular narratives that have emerged in member... place, some of the eurozone member states providing the loans were able to shore up their defences... to then pay the price for it anyway, be it through drastic fiscal consolidation in several countries
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Pensions continue to be main source of income for half of Greek households
Societyfall into the category of long-term unemployed. One in five households has a member who gets paid...) of households had one member with overdue tax obligations. For the coming year, one in four households... that they would not be able to pay the ENFIA property tax. Although 25 percent of respondents
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