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Debt relief or debt restructuring for Greece?
Agoracase of “credit migration” from the private into official hands” (Zettelmeyer et al. 2013, p. 35... the private to the official sector. Greece’s public creditors in Europe and Washington together now own... of the aforementioned debt migration? The momentum from the private to the official sector has now
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The politics of debt dynamics in Greece
Agoraand budgets of various official creditors. In mid-2014 the official sector, i.e. eurozone member states... Mechanism (ESM) were the key guarantors of Greece’s sovereign debt. This liability exposure of official... an exercise that would almost entirely impact the official sector of Greece’s international
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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
Economycash revenues and provide room for debt service. Even assuming an agreement with the official sector... agency underlines that lack of market access, uncertain prospects of timely disbursement from official...) An agreement between Greece and its official creditors unlocking delayed programme disbursements
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S&P moves Greece down a notch to CCC, maintains recession forecast
Economythat in the absence of an agreement with its official lenders, Greece will likely default on its commercial... as nominal GDP appear speculative. Even if an agreement with official creditors were to be reached over the next fortnight, S&P does not expect that such an agreement would cover Greece’s debt service
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Moody's downgrades Greece's rating by one notch to Caa3
Economyto service its total debt obligations in the next years, it needs to reach a lasting agreement with official... downgrade in April regardless of the referendum outcome. According to Moody’s, without official support... the distance between what official lenders are likely to demand as a condition for further support
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Is Greece facing a new migration crisis?
Societythe recent surge in arrivals. At the beginning of June 2019, official accommodation on the eastern Aegean... in facilities with a capacity of just under 9,000. More people reside in makeshift camps outside the official facilities. At the end of July the official number on the islands had increased to 19,900
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New Democracy moves to corral far-right vote, as PM braces for more surveillance evidence
PoliticsGreek Politicsvigil to be held, upgrading the government’s official presence at the event and allowing senior... on official business, was represented by his wife. With the dates of elections all but confirmed... the official leadership of his newly formed party to a “front”. “Ellines”, whose full name is “Ellines
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ND poll losses reignite discussions of post-election coalition
PoliticsGreek Politicscoalition partners before entering negotiations. A party official speaking anonymously to Euro2day.com..., journalists, and members of the judiciary. An official announcement by SYRIZA on Monday stated... contravene the official positions of the party, frustrating Tsipras’s attempts to appeal to moderate
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Russia responds to expulsions but diplomatic row seen petering out
PoliticsForeign Policybecause the Greek secret service informed the government that they were involved in activities beyond... that Moscow responded by forbidding entry to just one official, there have been suggestions in Athens that the response is more subdued. However, it should be pointed out that the official being excluded
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SYRIZA presses for answers on hospitals amid mounting Covid deaths
PoliticsGreek Politicsinto service. However, after only 40 volunteers came forward to fill an estimated 100 vacancies... died outside intensive care. Official data on a hospital-by-hospital basis is not made publicly... on an official visit to the UK on Tuesday, he used his appearance on a morning TV chat show to announce
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