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  1. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    target increases to 3.4 billion euros in April and further to 3.8 billion in May (see following... may have landed at the even lower level of 0.6 percent of GDP. In the discussions held

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  2. Greek banks' Eurosystem funding at 13-month high of 104.2 bln in Feb as ELA rises
    Photo by MacroPolis

    EconomyMacroeconomy

    in May 2012 followed by the 123.30 billion posted in November 2012. Following Greek banks’ successful..., ELA was eliminated in May 2014 and remained at zero until the end of 2014.

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  3. Coalition ready to pass first legislation as agenda for lenders' talks grows
    Photo by MacroPolis

    PoliticsGreek Politics

    Commission, European Central Bank, European Stability Mechanism and IMF progress well, the ECB may... government can issue. The prospect of swift progress in the talks may be hampered, though, by the issue

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  4. Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it

    EconomyMacroeconomy

    the collectability of public revenues. Tax arrears created until March 1 2015 may be included... of the single property tax (ENFIA). The set date for tax settlement is the end of May and tax debtors have

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  5. Tsipras hopes to muddle through, avoid internal clash for now

    PoliticsGreek Politics

    by Dijsselbloem’s suggestion this week that Greece may soon have to impose capital controls, as Cyprus did... for remaining in the euro and compromising with creditors may make it easier for Tsipras to back down

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  6. Greek austerity programme compromising some basic rights, EU Parliament report finds
    Photo by Harry van Versendaal

    Society

    guaranteeing a basic pension of 360 euros a month, an amount that may be reduced if economic performance... of cases to the courts, the measures may have hindered “citizens’ right to access to justice, especially

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  7. Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery

    Economy

    In an unexpected move on Friday evening, Fitch Ratings downgraded Greece’s long-term Issuer Default Ratings (IDRs) by three notches to ‘CCC’ from ‘B’. The scheduled rating review was on May 15... but their asset quality is weak and may deteriorate further within the year. Although it is not its expectation

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  8. Parliament's bailout probe has potential to be politically toxic

    PoliticsGreek Politics

    has already objected to the fact that the investigation will only seek to cover the period from May.... For the coalition, the inquiry may prove a welcome distraction for domestic media and public opinion

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  9. Much ground to cover as Greece, lenders prepare to resume talks
    Photo by MacroPolis

    PoliticsGreek Politics

    not rule out the possibility of an extra Eurogroup being held between April 24 and May 11 to examine... the possibility of a deal even being reached by May 11. While the Greek government says it is hopeful

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  10. New unpaid taxes rising steadily, reach 3.5 bln in Q1

    EconomyMacroeconomy

    below the 1-billion mark since May 2014. The aggregate figures for the first quarter (Q1) of 2015... million. The regular process for tax settlement, which runs until May, started one week ago. According

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