Search
-
Greek stocks and bond yields recover on hopes of deal with eurozone
EconomyThe Athens Stock Exchange soared 8 percent on Tuesday, more than offsetting the significant losses of 4.8 percent recorded on Monday. The strong rebound was fuelled by the 4-pillar proposal...’s rises. The 3-year GGB showed the highest drop as it fell by more than 2.5 percentage points (pp
1% -
What we've got here is a failure to communicate
Agoraswap rather than a haircut. Again, anyone observing what key players in SYRIZA had been saying before the elections (rather than taking as gospel the official party line) would have been aware
1% -
Everybody be cool
AgoraIt’s less than three weeks since the Greek government was elected and its Finance Minister Yanis Varoufakis has just taken part in his first Eurogroup – an experience that some of his predecessors... with the domestic political repercussions. There is so much more that keeps Greece and its lenders together than
1% -
Greek Q4 GDP down 0.2 pct QoQ, 2014 nominal GDP stays in recession
EconomyMacroeconomymore than 70 percent of GDP but has posted a cumulative drop of more than 24 percent since 2008
1% -
Greek funding needs add to pressure in talks between Athens and lenders
EconomyProgramme. Even if both requests are approved, there is still a gap of more than 5 billion by August that has... for the payment of the VAT by one month and lower than expected revenues from the settlement
1% -
Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsbe 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
1% -
You've heard the Greek crisis myths, now here are some truths
Agorathat there is a magic way to close a primary deficit of 10 percent of GDP (25 billion euros) other than to slash... depleted by more than a quarter, it is ludicrous to suggest that there was something lacking
1% -
Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyGreece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure, according to the Bank of Greece (BoG). This mainly reflects a widening of the current transfers
1% -
Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammeon local governments and hospitals. Mardas said that procurements of less than 60,000 euros amount... higher than the market wholesale prices. With the new electronic system that would be in place all
1% -
Greece sets out broad reform plan for lenders' approval
EconomyProgrammeaccount for more than half (56 percent) of total expenditure. The non-wage benefits will be reviewed... Finance Ministry target to collect more than 3 billion euros from unpaid tax obligations
1%