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Newsletter 2 - 07/11/2014
that “there is a strong support for a precautionary credit line in a form of ECCL”, while stressing
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammeEurogroup President Jeroen Dijsselbloem announced after the November 6 Eurogroup that “there is a strong support for a precautionary credit line in a form of Enhanced Conditions Credit Line (ECCL).” But what does this mean for Greece? This is quite different from the hybrid credit line proposed
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Primary surplus narrows to 2.4 bln in October as revenues miss target
Economya strong performance in September (+15.1 percent). As a result, the 10-month figure fell 1.2
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Education dispute opens up new front for coalition at sensitive time
PoliticsGreek Politicsdisputes has been much milder than in the past. Apart from some strong words in Parliament and a couple
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Greece returns to growth after long recession, GDP figures show
EconomyMacroeconomy. Exports of services showed a healthy growth of 15.6 percent in Q2, mainly reflecting strong tourism
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Stalled troika talks stretching Greek coalition cohesion to limits
PoliticsGreek PoliticsMinister Gikas Hardouvelis has also found himself on the receiving end of strong criticism from members
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Greek current account surplus up to 1.6 bln in September after fourth straight rise
EconomyMacroeconomypercent. Following another strong performance in September, the 9-month C/A surplus further grew to 3.75
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomyimprovement in liquidity as well as the further positive impact on budget figures from the strong GDP rebound
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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomystressed that reducing debt to prudent levels will require years of solid growth and a strong fiscal
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Two more parties prepare to step onto overcrowded Greek political stage
PoliticsGreek Politicsstrong appeal. However, it could play a part in bridging the difference between New Democracy in its
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