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Why doesn't Tsipras just cut defence spending?
Agorain 2009 but this fell to 4 billion by last year – a 47.7 percent reduction. According to the Greek... air force jets conduct unauthorised overflights in Greek air space each year. More recently, Turkish warships have also entered Greek waters without permission. Ankara still maintains the casus belli
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Newsletter 78 - 17/06/2016
ESM signs off on new MoU Greece to receive 7.5 bln tranche next week The board of governors... on the evolution of the Greek banks’ non-performing exposure (NPE) ratio, which increased by more than 4... for Greek banks, and it is also among the key requirements for a return to growth, BoG concluded. Another
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Athens digests Trump victory, sees economic complications
PoliticsForeign PolicyThe Greek government is digesting the unexpected result of the US elections, which is particularly... with German Chancellor Angela Merkel, has been diluted from a Greek perspective. New Democracy and parts... there to be a continuation of US policy, which has been supportive of Greek calls for debt relief, when Donald
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Newsletter 118 - 12/05/2017
Commission eyes Greek recovery General government primary cash surplus drops in first quarter The recovery of the Greek economy is expected to begin in earnest this year, mostly reflecting... restructuring The multi-bill containing the package of measures agreed by the Greek government
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No certainties for Athens before Eurogroup as lenders try for debt deal
PoliticsGreek Politicsin settling the matter. According to Greek sources, Prime Minister Alexis Tsipras raised this issue with German Chancellor Angela Merkel when they spoke on the telephone on Wednesday. The Greek leader... and other Greek officials have been stressing that there is still a chance that Monday’s meeting
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The whole truth and nothing but the truth
Agorataking the Greek people for a ride – on this particular issue, at least. To some extent, the current... deficit data, it was spinning a tale. “I would like to say in the clearest possible way that the Greek government has full trust in the data of the Greek Statistical Authority and [EU statistics agency
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Energy, defence high on agenda as Tsipras prepares for US visit
PoliticsForeign PolicyTsipras’s office this week. Tsipras's aides believe that the Greek premier's meeting with the US... of defense and economy. The Greek side is seeking to bring back at least one significant US... the issue of Greek debt again, especially as the White House meeting will take place in the wake
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Despite talks in US, review still looms large
PoliticsGreek Politicswith Greek-American businessmen and other possible investors in Chicago over the weekend... to rally the Greek-American community, none of the meetings appeared to yield any immediate results... and his team become the main topic of focus, the Greek delegation will be devoting its attention
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NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBankingwhich reflected a on-off loss of 3.1 billion related to the recycling of Finansbank’s losses... of the loan book and not replacing Greek government bonds which expired in June. Meanwhile, core pre-provision... QoQ to 378 million, mostly on continued deleveraging. The yield on the new Greek time deposits stands
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Draghi sets out QE obstacles facing Greece
EconomyProgramme, Draghi re-emphasised that Greek bonds could only be part of QE if they continue to have a waiver... current programme on August 20 the waiver on Greek bonds will be lost, as was the case with Cyprus... that Greek banks will see their borrowing costs rise as, without the waiver on the Greek bonds they use
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