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SYRIZA calls for vote of no confidence, as PM's apology over storm chaos fails to chime
PoliticsGreek PoliticsProtection Minister Stylianides with 20 pct, and Attica Governor Patoulis with 14 pct. Only 14 pct agreed... responsible, while 24 pct blame the highway managers, 22 pct blame Stylianides and 20 pct hold Patoulis... individual motorists who ignored weather warnings than SYRIZA supporters (15 pct, 10 pct and 1 pct
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Newsletter 490 - 16/01/2026
at addressing cost-of-living challenges, which kicked in on January 1. As Mitsotakis looks to the next general... by UK/Ireland at 49 pct, with Greece second at 9 pct, followed by the US and the Nordics with 7 pct... on food by the poorest 20 pct of the population amounted to 33.5 pct of the total household expenditure
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Jobs, hundreds of thousands of jobs
Agorathe troika’s cosh for exactly four years. The most devastating cost has been the loss of 1 million jobs... by more than 20 percent. Greece’s labour market has been devastated, like no other in any modern crisis... years will be reduced by over 1 pp for every pp of growth. The problem here though
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Moody's explains why it sees SYRIZA win as credit negative
Economytakeaways from the report include: 1) New coalition government will likely challenge troika stance 2.... The rating agency estimates Greece’s financing needs at circa 20 billion euros in 2015, of which 16 billion relate to payments to the official sector creditors. Less than half of the latter (7
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsthere are seven reasons for the 6-month extension: 1) “To agree the mutually acceptable financial... billion of state-guaranteed collaterals would be, in any case, non-ECB eligible as of March 1..., the government now admits that the existing framework will remain unchanged. 7) “To discuss means
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammeThe budget execution for January revealed a revenue shortfall of almost 1 billion euros, mainly reflecting... amount close to 1 billion euros, creating a similar revenue gap in case this levy is abolished... about 2.5 billion euros from 3,500 confirmed cases of tax evasion totaling 7 billion euros
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Newsletter 35 - 17/07/2015
of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2... several payments to the private sector, where arrears have increased to 7 billion, which the commission... fell below the 1 billion mark by the end of May. The commission anticipates that the new programme
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgrammeof this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion) 2... increased to 7 billion, which the commission notes needs to be cleared. In the absence of any official financing since August 2014, state deposits fell below the 1 billion mark by the end of May
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Greece receives list of milestones for next bailout sub-tranche
EconomyProgrammeof milestones Greece has to implement in the next three weeks for the disbursement of the next sub-tranche of 1... to: 1) Preparation of a plan for the establishment of a new independent secretariat of public... related to primary homes and SMEs will be specified in the context of the first programme review. 7
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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomy, the weighted average rate on total new deposits eased by 7 bps to 0.62 percent in October, which... change was the rise in the interest rate on loans for amounts above 1 million by 45 bps to 5.12 percent in October, while a lower increase of 20 bps to 5.15 percent was also recorded in loans for amounts
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