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  1. A Eurogroup deal that might be hard to stomach

    Agora

    Following an 11-hour Eurogroup that brought back memories of other classic encounters between Greece and its lenders, an agreement was reached to disburse 10.3 billion euros from the programme’s... that are holding Greece back. If reforms of such nature are included in the new IMF programme

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  2. Creditors' deal comes up short on debt relief for Tsipras
    Photo by MacroPolis

    PoliticsGreek Politics

    and over the coming months. One of these may involve having to go back on his word in Parliament on Sunday to abandon plans to claw back this year’s EKAS benefit from low-income pensioners, which would

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  3. Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
    Photo by MacroPolis

    EconomyBanking

    (QoQ) on the back of net interest income (NII) rebound and cost containment. NII rose 3 percent QoQ.... The management reiterated its previously stated target for return in profitability in 2016 on the back of lower

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  4. Feeling weight of measures, SYRIZA seeks way to re-connect with voters
    Photo by MacroPolis

    PoliticsGreek Politics

    -backed Avgi newspaper on Thursday in which he suggested that the coalition was voted back into power... the chance to get their jobs back by sitting exams. This idea has also provoked an angry reaction from

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  5. Greek banks on cusp of improved liquidity conditions

    Agora

    back their deposits as they have to take on fragile depositor sentiment and sovereign risk... returning back to the banking system. Also, the lifting of capital controls is a key prerequisite

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  6. BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
    Photo by MacroPolis

    EconomyMacroeconomy

    receipts, while net sea transport receipts are seen heading south on the back of capital controls.... HICP is anticipated to turn positive as of next year on the back of higher oil prices, gradual

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  7. SYRIZA to suggest switch to proportional representation, schedules congress for Oct
    Photo by MacroPolis

    PoliticsGreek Politics

    , this was then pushed back to September, before the final date for October was agreed. The congress is seen... universities. Mitsotakis has said he is willing to back such a change. The central committee marked

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  8. Tsipras gauges EU mood on Brexit as gov't strives for support on change to electoral system
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    PoliticsForeign Policy

    not back the government’s plan. These three parties account for 100 MPs, meaning that Tsipras would need... to be adopted immediately. The Union of Centrists (9 MPs) has said it will back the overhaul. Its

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  9. Coalition's proposal for PR electoral system unlikely to clinch supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    move” and said the socialists would not back it. PASOK has found itself in a difficult position over... (9 MPs) has said it will back the proposal on the table, while the intentions of Golden Dawn (18 MPs

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  10. Coalition tweaks draft electoral law in hope of clinching supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    yet to clarify its position, has 18 MPs. If it decides to back the system proposed by the government... three independent MPs. However, all three have already said they will not back the draft legislations

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