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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsit would put an end to. Secondly, the letter from Athens, signed by Varoufakis, relegates the issue... be restricted with a two-thirds majority of ECB Governing Council votes cast. Note though that more than 40... for more than 50 percent of nominal debt to be written down. In his interview with the Financial
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Greek digital economy lagging due to weak demand, lack of skills
Societyand digital public services. The survey put Greece at the bottom end of the cluster of low... among Greeks is higher than overall in the EU.” On the other hand, trust the internet is also lacking... internet users that use online banking (21%) or shop online (40%) are much lower than the EU average (57
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The ECB's strict rules apply if you dare not comply
Agoranot exceed 1.4 billion euros annually, a significant relief of more than 10 billion euros over... discount factor detailed in a spreadsheet used by Whelan). This is a reduction in NPV of more than 34... of and put under as much pressure as possible. The ECB is spearheading the effort. Follow Yiannis
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Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
Society, followed by the UK and France, which had declines of more than 10 percent. In the same period, 19... is proportionally more than the total employment decline. Among the nine countries that saw an increase..., up from 26.4 six years previously. That put Greece behind the EU average for employment in called
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Referendum call finds Greek banks teetering on the edge
Economyon the proposals put forward by the institutions. Right after that, depositors started to withdraw cash... amount stood at 45.2 billion at the end of May. The recent net increase of more than 15 billion euros... presentations released in late May unencumbered ELA liquidity buffer of more than 38 billion with NBG
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Newsletter 33 - 03/07/2015
, the average deposit balance stands at less than 1,500 euros, half of Bank of Greece data shows the value... the first instalment of the personal income and property tax (ENFIA). More than 40 percent of tax... is prolonged beyond 7 July, it is certainly expected that this will put further pressure both
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Between heaven and hell
Agora. However, something surprising has happened: Rather than seeing Greeks panicking, as many people... the shopping costs for a week so those chores have to be put off until the next day, or the one... ourselves somewhere between heaven and hell rather than shuttling between the two all the time. Most
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Tsipras gears up for internal battle, sets priorities for summer
PoliticsGreek PoliticsParliament. Tuesday’s leaks are essentially a challenge to Lafazanis and co to put up or shut up... in the bill he would have seen more defectors than the 39 SYRIZA MPs who failed to back him in last week’s... summer session, when just 100 rather than 300 lawmakers sit, as Tsipras could have replaced MPs who would
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Tsipras looks for traction with elections finely balanced in final stretch
PoliticsGreek Politicsput the conservatives ahead: Marc: SYRIZA 24.4, New Democracy 24 Kapa Research: SYRIZA 26.5, New.... Rather than tapping into the public media regarding cross-party cooperation, SYRIZA seems to have... still has hope of edging ahead in the last two weeks of the campaign, though. More than 10 percent
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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgrammefor banking recapitalisation would be made available after the first review and no later than November... seems to be taking longer than initially expected. Greece has so far implemented only one third.... Such a development will improve the outlook on the first review which has been put in doubt after
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