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Greece prepared to move on pension, labour reforms but details to be decisive
PoliticsGreek PoliticsA joint statement by European Commission President Jean-Claude Juncker and Greek Prime Minister Alexis Tsipras on Wednesday may prove a pivotal moment in the new government’s relationship with its... be expected is for progress to have been made by the May 11 Eurogroup and for eurozone finance ministers
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Athens Stock Exchange erases losses made since elections as mood improves
Economythat they are working hard to achieve concrete progress by May 11 Eurogroup alleviated previous concerns stemming... by 1.4 percent. Turnover exceeded the 100-million-euro mark for the first time since May 3 and landed
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Greek DSA: Don't Say Anything about the debt
Agorathe Fund. "But maintaining the program primary surplus of about 4 percent of GDP for several years may... with the first gust of wind. On May 9 five years ago, the IMF's board met to approve the first Greek
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammehave settled tax arrears of 3.5 billion euros until May 22. The settlement process, which started... reached 245 million euros by May 8. The ministry aims to collect an additional 417 million by the end
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How Greek banks can balance on the collateral tightrope
Agoradecided on May 12 to lift the ELA cap for Greek banks by 1.1 billion to 80 billion. Banking sources..., meaning that deposit outflows topped a similar amount in the first two weeks of May. Collateral
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Growing scepticism of SYRIZA strategy but opposition parties fail to profit
PoliticsGreek Politicspoints in April and another 10.5 percent in May. May is the first month that those who believe
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Industrial production up again in April but at slower rate of 0.4 pct
EconomyMacroeconomyreleased by the European Commission at the end of May displayed it improved by 2 points to -13 in May.
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Tsipras mulls options as creditors pile on pressure
PoliticsGreek Politicsfor the staggered disbursement of bailout funds. Tsipras may see this as being easier to manage politically... is brought to Parliament as they have called for a deal but at the same time may dislike some of its
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Tsipras gives air of resistance but leaves door ajar for agreement
PoliticsGreek Politicsto try to reach an agreement. While Theodorakis did not elaborate, his comment suggests that there may..., who may be deliberating about how far to take his resistance to the measures being demanded by lenders
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Tsipras points to debt relief roadmap as deal clincher
PoliticsGreek Politicsindication in his address of how a compromise with lenders may be reached. It is true that Tsipras’s.... At the same time, though, Tsipras did not close the door on an agreement. As strange as it may seem
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