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  1. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    billion in May and 2.5 billion in June, according to PDMA. Through an amendment included in the law... may be utilised by the state to cover short-term funding needs primarily through purchases of T

    3%

  2. Greek austerity programme compromising some basic rights, EU Parliament report finds
    Photo by Harry van Versendaal

    Society

    guaranteeing a basic pension of 360 euros a month, an amount that may be reduced if economic performance... of cases to the courts, the measures may have hindered “citizens’ right to access to justice, especially

    3%

  3. Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery

    Economy

    In an unexpected move on Friday evening, Fitch Ratings downgraded Greece’s long-term Issuer Default Ratings (IDRs) by three notches to ‘CCC’ from ‘B’. The scheduled rating review was on May 15... but their asset quality is weak and may deteriorate further within the year. Although it is not its expectation

    3%

  4. Parliament's bailout probe has potential to be politically toxic

    PoliticsGreek Politics

    has already objected to the fact that the investigation will only seek to cover the period from May.... For the coalition, the inquiry may prove a welcome distraction for domestic media and public opinion

    3%

  5. Newsletter 22 - 03/04/2015

    Newsletters

    may utilise this additional 200 million. It remains unclear whether other state agencies will proceed... members and MPs, but he may now be reaching the point where he has to lead from the front. Economic

    3%

  6. Much ground to cover as Greece, lenders prepare to resume talks
    Photo by MacroPolis

    PoliticsGreek Politics

    not rule out the possibility of an extra Eurogroup being held between April 24 and May 11 to examine... the possibility of a deal even being reached by May 11. While the Greek government says it is hopeful

    3%

  7. New unpaid taxes rising steadily, reach 3.5 bln in Q1

    EconomyMacroeconomy

    below the 1-billion mark since May 2014. The aggregate figures for the first quarter (Q1) of 2015... million. The regular process for tax settlement, which runs until May, started one week ago. According

    3%

  8. Tsipras steps in amid concern deal with lenders slipping away
    Photo by MacroPolis

    PoliticsGreek Politics

    , told the SYRIZA-affiliated newspaper Avgi that the coalition would need to reach a deal in early May... the conditions are in place for funding to be released following the next finance ministers’ gathering on May

    3%

  9. Greece prepared to move on pension, labour reforms but details to be decisive
    Photo by MacroPolis

    PoliticsGreek Politics

    A joint statement by European Commission President Jean-Claude Juncker and Greek Prime Minister Alexis Tsipras on Wednesday may prove a pivotal moment in the new government’s relationship with its... be expected is for progress to have been made by the May 11 Eurogroup and for eurozone finance ministers

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  10. Athens Stock Exchange erases losses made since elections as mood improves

    Economy

    that they are working hard to achieve concrete progress by May 11 Eurogroup alleviated previous concerns stemming... by 1.4 percent. Turnover exceeded the 100-million-euro mark for the first time since May 3 and landed

    3%