Search
-
What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammefuture problems with access to market financing. It has an initial duration of one year... assistance if the precautionary programme were to be activated. The FFA has to be signed along.... It has the flexibility to request the draw-down of funds or a primary market intervention at any time
3% -
Greece: How events could unfold over the next few weeks
PoliticsGreek Politicsin this process. The strong element of opportunism that drives the nationalist party means it has... another 3 billion euros taken out in March. It is estimated that the bank jog has continued at a slower... MPs it has at the moment but being able to continue governing with a comfortable majority
3% -
Creditors devise proposal in Berlin, Tsipras prepares ground in Athens
PoliticsGreek PoliticsGreece will adopt, the Fund also has a particular interest in the issues of debt sustainability... concessions the Greek side has won and how much it has had to give in on key issues such as pension and labour reform. The process of preparing the party for some kind of compromise has already begun
3% -
Warning signs for coalition after majority trimmed in multi-bill vote
PoliticsGreek Politicsthe other two lawmakers choose the same route (Nikolopoulos has shown no such intention, while.... This means that the government has 153 out of 300 MPs in Parliament and an even more fragile... to ensure there will be no more defections from SYRIZA, which means that he has to fulfil a role
3% -
SYRIZA not entirely behind plans for changes to constitution, electoral system
PoliticsGreek Politicsand the impact of the measures it adopted. However, not everyone within SYRIZA has been convinced... is enough. The largest faction within the leftist party, the 53, has just issued a statement calling on the government to move forward with the “major structural reforms that the Left has always supported
3% -
Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicsat ensuring that Greece has completed all 140 of its prior actions ahead of Thursday’s Eurogroup... the latest amendments. The finance minister added that the government has written to the institutions... a full package of “reforms plus debt relief” but he pointed out that in the past the organisation has
3% -
Greece issues 7-year bond, moves closer to wrapping up third review
EconomyProgrammedemand was well in excess of the initial amount, reaching over 6 billion euros. So far, Greece has... stock of what progress has been made in completing the remaining prior actions that will bring... has gone up to 103 or 104 since then. According to the Greek media, Athens is completing all but two
3% -
Greece and creditors reach SLA - legislation of reforms and debt relief talks next
EconomyProgrammeon some issues. He did not give further details. Tsakalotos accepted that Athens now has to move... process by around June 15. The coalition also has to submit to Parliament the 2019-2022 Medium-term Fiscal Strategy, which has been made easier by the fact that the creditors apparently accept
3% -
Despite fresh uncertainty, Tsipras insists focus is on four-year term
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has again insisted he has no intention of calling snap elections..., the idea of SYRIZA holding on until next year has been brought into question again by developments... volition. Only pressure from the creditors on this subject could lead to Tsipras yielding. He has made
3% -
BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingof the crisis has created new issues that include high public debt, high long-term unemployment... threshold. For BoG, the signal that Greece has turned a corner and the crisis has been overcome..., no one else has achieved what is expected from Greece. In its own DSA, a scenario of higher
3%