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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politics, Prime Minister Alexis Tsipras told Parliament on Friday that he felt let down by the plan presented... warned Athens about turning down the lenders’ proposal and German Vice Chancellor Sigmar Gabriel
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Greek trade deficit up 6 pct in April despite growth in exports
EconomyMacroeconomy, exports rose by 16.9 percent, whilst imports by 8 percent, leading the respective trade deficit down... imports increased by 1.9 percent leading trade deficit down 10.6 percent. The regional breakdown
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek Politics. However, many on the left of the party have not given up hope of going down the rout of other countries... Konstantopoulou’s outburst government spokesman Gavriil Sakellaridis sought to play down any
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Newsletter 31 - 19/06/2015
in multinational missions has been trimmed down, NATO spending requirements mean that it is required to invest more... government has included cuts of 200 million euros to defence expenditure, mainly from shutting down some
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Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
EconomyMacroeconomy, while imports reached 3.36 billion driving goods’ deficit down by 4.4 percent to 1.64 billion. BoD said... rates, down 7.9 and 7.5 percent respectively. However, since imports in absolute figures is around
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Why doesn't Tsipras just cut defence spending?
Agorabeen trimmed down, NATO spending requirements mean that it is required to invest more than 2... included cuts of 200 million euros to defence expenditure, mainly from shutting down some military camps
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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomy30 percent down year on year, and 2.08 billion better than target. Revenues (before tax refunds... displayed direct taxes tumbled 44 percent to 945 million in May bringing the 5-month figure down 16.3
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgrammethe rating agencies have officially updated their 2015 GDP estimates. On June 30, Fitch revised down... and paying down short-term borrowing (7.7 billion). Summing up, gross funding needs could reach 61.7
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Greek banks in intensive care: What lies ahead?
Agorainterbank lending. The write-down follows the ordinary allocation of losses and ranking in insolvency... of liabilities and a write-down or conversion in full of all unsecured, non-preferred liabilities other
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For Greek banks, it's business as unusual
Agorafor front-page photo shots in newspapers or social media. * Citizens and businesses proceeded to pay down..., which was adopted in Wednesday’s omnibus bill, citizens and businesses started to draw down
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