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Aegean tension presents Tsipras with urgent domestic, foreign policy challenges
PoliticsGreek Politics. He also called for citizens to avoid flashpoints such as the one apparently created by three young... a foreign policy action – it is not like raising a flag at one’s home,” he said in an interview
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Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammeprogramme. One of the potential sticking points in the discussion about this issue is that the Fund..., the Europeans seem to prefer one just over 2 percent. There is also the matter of defining the post
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Newsletter 158 -20/04/2018
carried out by Greece, will decide whether the IMF will commit new funds to the Greek programme. One... from 3.5 percent. The Fund favours a target of around 1.5 percent, the Europeans seem to prefer one
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Institutions prepare for Athens return, completion of fourth review
EconomyProgrammeStability Mechanism to be activated. This point seems to be one of the biggest hurdles that has to overcome... submitted by Tsakalotos at the meeting in the Bulgarian capital, ticking off one of the key
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingin Greece reflected net profits of 32 million euros, excluding one-time employee costs. Pre-provision income (PPI) fell by 55.1 percent quarter-on-quarter (QoQ) to 65 million. When excluding one-off
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Ministers urged to speed up reforms as Athens prepares for lenders to return
EconomyProgrammeactions. One of the key deliverables that the government is working intensively... convince the creditors that the majority was not a one-off as this would lessen the chances
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Greek Salad (made in Italy)
Agoraof Five Star and Lega can produce a viable government majority without a repeat election (something no-one... immediate implications for markets even before one unpacks a variety of horrors that lurk
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Coalition eyes electoral change, polls show wide lead for New Democracy
PoliticsGreek Politicsthat the conservatives continue to have a strong lead over the leftists, with one survey suggesting... stands at 47 percent, while one in three of the respondents who say they will abstain or cast
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Debt relief talks enter final phase, with June 21 as target for deal
EconomyProgrammesecond opportunity to reach a deal if one was not forthcoming by June 21. The head of the Fund’s... the programme with funding, one of the issues that will then have to be addressed is that, according
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Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeThe safeguarding of financial stability is one of the pillars of Greece’s third programme and the Supplemental Memorandum of Understanding (sMoU) has a section dedicated to the banking sector... on the progress achieved so far. The Greek banks have overcome one major area of uncertainty by completing
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