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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek Politics“an extension of the current loan agreement, which could take the form of a [four-month] intermediate....” In contrast, the other draft the four-month programme is referred to as a “transitional stage... of it. Varoufakis mentioned in his press conference that four months would suffice, while it is clear
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Eurogroup leaves Tsipras with difficult but not impossible deal to sell at home
PoliticsGreek PoliticsFinance Minister Yanis Varoufakis walked away from Friday’s Eurogroup with the promise of a four... four months. Given that revenues were already 1 billion euros short in January, the government cannot... is that Greece will provide a list of reforms by which creditors will assess its progress over the four
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Strong resistance within SYRIZA leaves Tsipras with tough juggling act
PoliticsGreek Politicsthe party's mainstream but four were won by the Left Platform and one by SYRIZA's Communist faction... the changes that SYRIZA wants to introduce - like the four draft laws due to come to Parliament this week... in this case, though, the crunch time will come towards the end of the four-month extension, when
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Office prices and rents saw substantial fall in H1 2014
Economya broadly similar pattern, falling by 10.7 percent YoY in H1 2014 and 26.9 percent over the past four... semester with a cumulative nosedive of 28.8 percent over the last four years. Similarly, retail rents.... Note though that the cumulative decline for the greater Athens area over the past four years stands
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Greece's opposition parties back in spotlight
PoliticsGreek Politics. However, it seems unlikely that Samaras can guide the party through the four-month period covering... to vote on the four-month loan extension. SYRIZA is not only fearful of the reaction from a section... the four-month agreement but this is unlikely to be enough to erase the stain that will be left
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
Societyof those categories are 27, 23 and 24 percent, respectively. Mentioned by close to four in ten... from four in autumn 2014). The issue was mentioned by half of the population or more in Malta (65... in four Greeks (78 percent) viewed immigration from non-EU countries as negative, behind Czech Republic
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Newsletter 47 - 16/10/2015
billion in the previous four months. September’s figures make up the worst monthly primary balance.... As the four conservative candidates step up their campaigns ahead of the 22 November ballot (which could... of the four hopefuls, has set off around Greece in a camper van. It’s not so much the kind of battle
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Greek stocks on slide for third straight week
Economybond swap offers that resulted in a capital strengthening of 2.9 billion euros in total for the four..., the four core banks clearly underperformed with Alpha plummeting 27.8 percent followed by Piraeus... improving to 240 million from 146 million a year ago. In the following four days, Greek banks hold
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomyactivity. The bulk of ECB funding comprises of the EFSF bonds the four Greek core banks received... recapitalisation two of the four systemic banks (NBG and Piraeus) that will receive state aid... billion since July broadly in line with the deposit flow in the last four months.
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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economyof 250 million in the four banks’ international bookbuilding. Of this amount, 65 million was allocated... value of the four systemic banks stood at 11.63 billion on December 17 making up 26 percent... shareholdings amounts to 2.29 billion. Note though that this is not equally split among the four banks
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