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Mitsotakis sets off barrage of legislation to shake off introspection
PoliticsGreek PoliticsMarinakis said the government was on track to deliver on its promise to increase average pay to 1,500.... Hospital doctors are set to strike on October 17, demanding better pay, more permanent hires... Stefanos Kasselakis, at least until the meeting of the central committee scheduled for Saturday
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicswall in its discussions with technocrats from the European Commission, European Central Bank... on the issue, although European Central Bank executive board member Joerg Asmussen said recently... some major pay inequalities, which the new structure was meant to address along with reducing
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Troika inquiry: talk to the organ grinder, not the monkey
Agorato be questioned. But the decisions that matter most were taken far above the pay grade of Poul Thomsen & co... of the Great Depression: back then, Germany and other parts of Central Europe were the “periphery” that was first deluged with, then starved of credit. The central question for the troika inquiry
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Greece and lenders with conceptual, as well as practical, gaps to bridge
PoliticsGreek Politics, which saw Athens receive loans largely to pay off debt after meeting tough fiscal targets and executing..., European Central Bank and the IMF. It is such a departure from how the process has worked since... turned to the European Central Bank’s Emergency Liquidity Assistance (ELA) for back up. The ECB’s board
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Newsletter 14 - 06/02/2015
the temporary arrangement is in place. The broader agreement, to be clinched before Greece has to pay 6.7 billion euros held by the European Central Bank in the summer, will likely consist of a package... the European Commission, European Central Bank and International Monetary Fund in Greece
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After Eurogroup, hard work, more pressure and sliver of hope for Greece
PoliticsGreek Politicsfrom the European Central Bank, the International Monetary Fund and European Commission will have... is of the essence for the coalition as it only has cash to pay its obligations for the next few... decision rests with the European Central Bank. The ECB does not necessarily have the final say
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Greece: The moment of truth is inexorably approaching
Agora-based solutions. Therefore, the risk of an internal default due to the inability to pay salaries... to be organized before the payment is due for the first of the two bonds held by the European Central Bank and eurozone national central banks (20 July). A less likely option is calling new elections. This would
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammeThere has been no official response from the Greek coalition to the European Central Bank (ECB... income up to 35,000 euros are obliged to pay a monthly instalment equal to 10 percent of monthly income... debtors in real need.” As a result, the central bank believes they create moral hazard and undermine
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Greece eyes temporary solution to liquidity problem from Brussels Group talks
PoliticsGreek Politicsthe European Commission, European Central Bank, European Stability Mechanism and the International Monetary... to pay pensions emphasised the dangers of the state’s weak liquidity position and seems to have acted... Journal reported on Thursday that ECB executive board member Benoit Coeure has indicated the central
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Eurogroup leaves Greece in limbo, with liquidity drying up
PoliticsGreek Politicslenders that Athens hopes will be enough to avert any decision from the European Central Bank... liquidity or to start easing the limits that are in place. All the indications are that the central bank... with the cash to pay its creditors as well as salaries and pensions. Athens revealed on Tuesday
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