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What would a clean bailout exit for Greece mean in numbers?
Agorafor the purpose of paying back debt. The decision is not endorsed by all central banks and does not change... with the IMF in the years to come. It is due to repay all funds of the first program by the end of 2016 and then start repaying the second program between 2016 and 2026, assuming Greece uses all
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Greece: How events could unfold over the next few weeks
PoliticsGreek Politicsof an agreement being reached before the end of the month. All eyes are on the possibility of some... an “honourable compromise” with the institutions, showing that his government exhausted all possibilities... an agreement with its lenders to secure the disbursement of all or part of the 7.2 billion euros
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Income inequality in Greece has grown during crisis, OECD report shows
Societyhas identical incomes and 1 when all the income goes to only one person – income inequality in Greece stands at 0.340, up from 0.333 in 2007, putting it in sixth place of all OECD countries. The report, In It Together: Why Less Inequality Benefits All, also shows that wealth is even more
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The key points from lenders' proposals to Greece
EconomyProgrammefor everybody retiring after June 30 2) Consolidation of all supplementary pension funds into the Unified Supplementary Fund (ETEA) 3) All supplementary pension funds should be self-financed retroactively... that the government has proposed to be suspended until 2016. 4) Phase-out the solidarity grant (EKAS) for all
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Newsletter 38 - 07/08/2015
, new orders, employment and stocks all saw a deterioration. The drop in output was attributed..., employment and stocks are all down. 2 Tsipras's election logic Early polls could wrongfoot PM's internal... too big an ask of all those involved, especially when one takes into account the shift in SYRIZA
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European Commission evaluates impact of bailout programme
EconomyProgrammeof early retirement, better link benefits to contributions and integrate all social security funds...) for main pensions and to 6 percent (from zero) for supplementary pensions. 3) Integrating all supplementary... the solidarity grant (EKAS) for all pensioners, starting with the top 20% of beneficiaries. 10) Restore
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Newsletter 40 - 28/08/2015
was just short. Bearing all this in mind, these are three broad scenarios that we can consider... be completed by the end of the year, according to all official statements so far, a bail-in of senior debt..., all the mainstream political parties in Greece have – more or less reluctantly – had to acknowledge
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Now comes the really hard part
Agorathe most interesting aspect of all, which is that, despite this striking worsening of their situation, Greeks have shown an exceptional level of resilience. When all these crashing indexes... the last few years. This makes it all the more puzzling that Tsipras actively campaigned to take charge
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Leaving Greece's annus horribilis behind
Agoraand lack of confidence, which has all sides involved emphasizing the need to continue rebuilding... moments is of paramount importance for all parties concerned. But the initiative to deliver... seeking (positive) answers in 2016. The outlook for 2016 is all the more challenging given
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In EU, Athenians least satisfied with city life but becoming happier
Societylevels with the Greek capital jumped 15 percentage points, the biggest increase of all EU capitals. Athenians are also the most distrustful of all capital city residents of their fellow city dwellers... are well integrated, compared to 77 percent of Zagrebians. In another all-EU low, only 36 percent
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