Search
-
Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
EconomyMacroeconomyausterity measures has led Q3 GDP to contract 21.3 percent compared to Q3 2007, mainly due to a slump... in the first nine months of the year. Greece has experienced negative growth since the third quarter of 2008 but the contraction has been slowing for the last year. This year's Q3 was the fourth
3% -
Tsipras starts to flesh out SYRIZA's economic policy but questions remain
PoliticsGreek Politics) has yet to use to improve Greek banks’ capital adequacy. Tsipras said a SYRIZA government would also... Tsipras has done enough to convince more sceptical voters that he has a recipe that could work. The programme he unveiled has not been costed and his assertion that a more generous fiscal policy would
3% -
ECB set to provide extra liquidity to Greek banks but capital needs remain an issue
Economyreflected in the bank share performance, which has plummeted 23 percent in the last month. More than one third of their value has been wiped out over the past six months, when the last capital increased... haircuts Bank of Greece sources said on Thursday that the ECB has decided to reduce the haircut applied
3% -
Newsletter 25 - 08/05/2015
has not been in vain. However, while the party may accept some of the measures – even the creation... in social security contribution arrears. Going beyond May, Greece has to pay 1.54 billion to the IMF... debt redemptions, the key months are July and August when Greece has to pay back bonds, worth 3.5
3% -
Paris attacks likely to place extra pressure on Greece over refugee crisis
PoliticsForeign Policydifferent stance and insisted that Greece has been implementing all the measures agreed with the EU... and migrants that continue to arrive on its shores. While Greece has increased over the last few months.... Officials from the EU border agency Frontex are supposed to monitor this process but it only has
3% -
Stress-free vote on multi-bill but bigger challenges lie ahead for Tsipras
PoliticsGreek Politicsany NPLs to be sold to distressed debt funds before the September 20 elections and has since had.... However, the government has also committed to agree with the lenders by February 15 what will happen... there are not particularly good and fights have broken out between migrants. The facility has to be vacated
3% -
As Greek leaders mull position on refugee crisis, EC sets out timetable of targets
PoliticsForeign Policypressure and to restore order to the management of migration. In the case of Greece, it has also become... the pressure on Greece to abandon the “wave-through” approach and set out the timeline it has to follow over... within days after the visit. 12 May 2016: at the latest by this date, Greece has to report
3% -
Compromise emerges on liberalisation of NPL market
EconomyProgrammeon the sale of non-performing loan (NPLs). A moratorium has reportedly been agreed on the sale of primary... which a property belonging to an unmarried owner cannot be sold has been set at the so-called objective... that the sale of large corporate and non-primary residence backed mortgages has been allowed since mid
3% -
Government caught between milestones and corruption claims
PoliticsGreek PoliticsA crucial and action-packed week begins for the government, which has been battered by controversy... Tsipras has expressed the hope that the review will be finished by the end of October. This seems... that has emerged over the last few weeks is the danger that his government is getting sucked
3% -
The IMF and Greece's bitter pill
AgoraGreece has to stack more measures that the IMF believes will kill off demand and growth in the short... criticised over its involvement in the first two Greek programmes, the IMF has remained on the sidelines since the start of 2015, although it has been heavily engaged in talks. During this time, it has made
3%