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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsit would put an end to. Secondly, the letter from Athens, signed by Varoufakis, relegates the issue... be restricted with a two-thirds majority of ECB Governing Council votes cast. Note though that more than 40... for more than 50 percent of nominal debt to be written down. In his interview with the Financial
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Greek digital economy lagging due to weak demand, lack of skills
Societyand digital public services. The survey put Greece at the bottom end of the cluster of low... among Greeks is higher than overall in the EU.” On the other hand, trust the internet is also lacking... internet users that use online banking (21%) or shop online (40%) are much lower than the EU average (57
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The ECB's strict rules apply if you dare not comply
Agoranot exceed 1.4 billion euros annually, a significant relief of more than 10 billion euros over... discount factor detailed in a spreadsheet used by Whelan). This is a reduction in NPV of more than 34... of and put under as much pressure as possible. The ECB is spearheading the effort. Follow Yiannis
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Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politicsrevenues from privatisations to social policies rather than debt servicing. Nevertheless, the crux... continues to look for a way to avoid, or at least put off, confrontation with dissenting voices in his... even more split than its MPs. A Marc poll for Alpha TV, presented during Dragasakis’s interview
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Tsipras targets opposition in debate but parliament speaker steals the show
PoliticsGreek Politicsduring the discussion, which lasted more than four hours. Tsipras’s two main aims seemed to be to put the opposition parties in an awkward position and to appeal to his own party as well as its... five years rather than supporting the coalition’s effort to avoid what it considers “recessionary
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Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
Society, followed by the UK and France, which had declines of more than 10 percent. In the same period, 19... is proportionally more than the total employment decline. Among the nine countries that saw an increase..., up from 26.4 six years previously. That put Greece behind the EU average for employment in called
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Reopening public broadcaster poses multiple challenges for Tsipras
PoliticsGreek Politicsof her role - which is to all intents and purposes an institutional rather than political position... to put herself even more firmly in the public spotlight, especially as the session was shown live... Monday’s hearing, Pappas said that fewer permits than is currently the case would be issued when
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Why doesn't Tsipras just cut defence spending?
Agorathe crisis began, more than 70 percent of the defence budget was used to pay staff but, according... been trimmed down, NATO spending requirements mean that it is required to invest more than 2... reported last week that the European Commission and the European Central Bank have put the idea
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Referendum call finds Greek banks teetering on the edge
Economyon the proposals put forward by the institutions. Right after that, depositors started to withdraw cash... amount stood at 45.2 billion at the end of May. The recent net increase of more than 15 billion euros... presentations released in late May unencumbered ELA liquidity buffer of more than 38 billion with NBG
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Newsletter 33 - 03/07/2015
, the average deposit balance stands at less than 1,500 euros, half of Bank of Greece data shows the value... the first instalment of the personal income and property tax (ENFIA). More than 40 percent of tax... is prolonged beyond 7 July, it is certainly expected that this will put further pressure both
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