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When will Greek banks operate as credit institutions again?
Agora-owned Caixa Geral de Depósitos ensured that they would be in a position to meet the requirements for core tier one capital ratios set by the European Banking Authority (EBA). In return for this capital
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Spain’s economic recovery languishes amid graft scandals
Agorafunds through a non-profit organization. His wife, Princess Cristina de Borbón, has also been accused... by 2015. Brussels set a 3-percent deficit target for 2016. Meanwhile, the debt will be climbing above
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You've heard the Greek crisis myths, now here are some truths
Agora” provided to Greece. Spanish Finance Minister Luis De Guindos has been one of the most frequent... being pulled together and managed by the Commission. This first package of 52.9 billion euros is set
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyre-payment culture. d) De-criminalise lower income debtors with small liabilities. e) Step up... with an objective value (as set by tax authorities) up to 200,000 euros for taxpayers
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Will the real men of unity please stand up?
Agora” in Spain and Portugal had attempted to “set a trap” for his government by driving a hard bargain... numbers for his liking. Spain’s Luis de Guindos - who has repeatedly claimed the eurozone
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This is what the Eurogroup is proposing as a basis for a third Greek bailout
EconomyProgrammefor an agreement. · Greece committed to legislate by July 15 a first set of measures including VAT... strengthen public administration also involving capacity-building and de-politicizing o Fully normalize
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BoG outlines steps to economic recovery, updates on banks' asset quality
EconomyMacroeconomy-performing loans (NPLs). The BoG will set high-level operational targets for NPLs applicable as of June... to be implemented in the public administration mostly involving modernisation and de-politicisation. 3
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Locating Europe's pulse in the refugee crisis
Agorabetween refugees and locals, the Punt de Referencia association in Catalonia, which pairs young refugees... newcomers is enough. In fact, these selfless Europeans have set the bar high and are challenging
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After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammeas de facto tax forgiveness and suggests the government should refrain from further similar policies... to resolve NPLs. In addition, the supervisor should set ambitious targets for banks to reduce NPLs
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NOME auctions as a mechanism to strengthen competition in the Greek electricity market
Legal. The NOME mechanism (Nouvelle Organisation du Marché de l'Electricité) is based on the French model... Forward Product Quantity was finally set for the year 2016 to 460 MWh / h. This is (also) legally
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