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  1. Government sceptical about deal with lenders, PM with convincing to do

    PoliticsGreek Politics

    of some of the 11 billion euros set aside for bank recapitalisation, which is currently being held.... This means that if Saturday’s Eurogroup ends without a deal or one that Tsipras rejects

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  2. MPs vote for referendum amid growing uncertainty about euro membership
    By MacroPolis

    PoliticsGreek Politics

    would have no trust in the government to implement a set of measures it had just campaigned... at one.

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  3. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    ), that will require to set aside the bank recapitalization buffer as a backstop facility, the IMF concludes... the fragile debt dynamics, the IMF suggests one option for recovering debt sustainability would

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  4. Tsipras wins referendum but sceptical lenders, limited time stand in way of deal

    PoliticsGreek Politics

    between German Chancellor Angela Merkel and French President Francois Hollande in Paris on Monday may set... enough liquidity to last them for more than two days. This is probably one of the reasons that Tsipras

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  5. Tsipras's proposals to lenders come under SYRIZA scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    The Greek government submitted to Parliament late on Thursday a set of reform proposals designed to form the basis of an agreement with lenders. Greece is seeking a three-year deal with the European...-term funding needs, involved borrowing from just one lender (the ESM) and will lead to the debt relief

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  6. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    the 15 percent threshold set by the IMF in a number of years. The average ratio increases to 13.1... to Greece in one instalment to be used to repay the short-term loan Greece received from the European

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  7. Tsipras suffers serious knocks in prior actions vote but emerges on his feet
    Photo by MacroPolis

    PoliticsGreek Politics

    Greek Parliament approved early on Thursday the first set of prior actions demanded by the country... the party. It did not mention the six abstentions and one absent lawmaker.... leads the Left Platform (which voted en masse against the bill), said after the vote that he

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  8. Tsipras holds off on reshuffle, suggests no way back for rebels
    Photo by MacroPolis

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras put off plans for a reshuffle on Thursday and may delay changes to his cabinet until next week, when a second set of measures demanded by lenders are due to be voted... opportunity for the six SYRIZA MPs who abstained and the one who was absent to reconsider

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  9. Tsipras gets his way over September congress, gains breathing space from SYRIZA rebels
    Photo by MacroPolis

    PoliticsGreek Politics

    . Earlier in the day, it had been reported that one of SYRIZA's factions, known as the "53," decided... set for a SYRIZA internal battle in September, with a split in the party seeming inevitable

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  10. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    levy rate was set at 6 percent. The institutions are also asking the government to adopt legislation... for excise on diesel oil and the gradual abolition of the tax-free bracket of 12,000 euros. This is one

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