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S&P lowers Greek long-term rating by one notch to CCC-
Economyimports such as fuel. Without Eurosystem funding, Greece payment system would shut down and its banks
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme36 billion. These additional funding needs stem from: 1) Lower fiscal targets (additional needs
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An impossible choice
AgoraAs this article was being written a few days ago, various European governments and international funding institutions were discussing the consequences of the expiration of Greece’s current financial assistance programme. Equally, ministries across the euro area were considering the Tsipras
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgrammefuture funding requirements. On the key issue of debt, the letter notes that “Greece welcomes
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Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders
PoliticsGreek Politicsas it covers funding needs for the next three years rather than just a few months. Tsipras will also
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Greek banks in intensive care: What lies ahead?
Agorapercent of liabilities, a contribution from the resolution funding arrangement up to 5 percent
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Tsipras tries to switch focus from measures to need for survival in euro
PoliticsGreek Politicsbefore the referendum as it covers Greece’s funding needs for the next three years and banishes
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economywould allow catering for debt concerns related to gross funding needs. However, they would still
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Varoufakis adds to pressure on Tsipras ahead of lenders' return
PoliticsGreek Politicstheoretically has to be in place so Greece can received the necessary funding to meet the maturity
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New prior actions may prove obstacle as Athens talks intensify
PoliticsGreek Politicsthe funding Athens needs to cover the 3.5-billion-euro bond held by the European Central Bank, which
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