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European Commission review of Greek programme: The key points
EconomyProgrammeappropriate, and in any case after the completion of its own capital increase of 2.5 billion due in May... that the financing gap until May 2015 is estimated at 5.5 billion euros. This figure reduces to 3.8 billion if we.... Although the anticipated financing needs of 5.5 billion until May 2015 could be broadly covered
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Newsletter 42 - 11/09/2015
scenario for the four core banks. Although the binding scenario was the baseline, the Greek banks... seasonally adjusted unemployment rate edged up to 25.2 percent in June from 25 percent in May... that these “outsiders” – if we may call them as such for the sake of the argument – care very much
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Newsletter 84 - 29/07/2016
system. The government estimates that around 3–4 billion euros may be returned to Greek banks... reaching 479 million in June following deductions of 357 million in May. The bulk of the June additions... procedures and the submission of binding offers by the end of October. Greece’s economic sentiment increased
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Despite snags, coalition expects multi-bill approval before Eurogroup
PoliticsGreek Politicsahead of the vote, which is expected between May 18 and 20. The government insists.... Athens is desperate to get the measures passed before the May 22 Eurogroup so the creditors do... on Wednesday that the ballot on the omnibus bill would be held by Saturday May 20. A few days earlier
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Newsletter 118 - 12/05/2017
voted in May 2016 and the measures agreed in the second review to offset the national roll-out... figure surpassing the 50-percent mark for the first time since last May. The biggest contributor... to this timetable but its intention is to certainly hold the ballot before the Eurogroup meeting on May 22, when
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Tsipras gives mixed message on expectations for crucial upcoming Eurogroup
PoliticsGreek Politicsthat Athens may be willing to agree to the compromise that emerged at Monday’s Eurogroup, which entailed... MPs and party members. It is this realisation that may have prompted Tsipras to float the idea..., Athens is certain to press for a better deal between now and June 15. Tsipras may hold talks
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Newsletter 142 -1/12/2017
to a botched deal to sell ammunition to Saudi Arabia, but it may not yet have weathered the worst... and that the Saudis may have decided to only take 100,000 shells, with the remainder secretly going... to Saudi Arabia due to its role in Yemen. On Thursday, in a non-binding vote, the European Parliament
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraas well as binding long-term energy supply agreements. The EU has been promoting formal engagements... that neighbouring markets may be more fickle than originally thought. Exports from the Greek gas grid almost... infrastructure. The alignment of interest between Greek policy makers and commercial players may also
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Athens alarmed by renewed Turkish airspace violations amid maritime tensions
PoliticsForeign Policythat Ankara may be testing a return to older patterns of military pressure after nearly three years... in March and May 2026. Greek authorities note that these incidents are difficult to justify... consequence and is not binding,” describing any such move by Ankara as “unnecessary and a source of tension
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PM shapes high stakes autumn agenda as Turkey’s marine parks move prompts backlash
PoliticsGreek Politicsinterconnection. The UN General Assembly in late September may open space for an informal five‑party... international law. As Athens sees it, Turkey may legislate marine parks only within its own territorial... 89 UNCLOS states that no state may claim sovereignty over any part of the high seas. Greece
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