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  1. Coalition agrees policy framework: Purpose unclear, impact doubtful
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Venizelos has mentioned many times over the last couple of years without going into any great detail... this document was needed. There are two main reasons for its existence. The first has to do with domestic.... The second reason the policy framework has been approved now is that it is a show of unity to Greece’s

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  2. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    fulfilled. Nevertheless, since the budget has yet to be rubber stamped by the troika, the next critical... the gradual increase in tax compliance and we understand that the final figure has to be agreed... last visit to Athens: “Good progress has been made, but a few issues remain outstanding following

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  3. The Cyprus bailout is different, not only due to the bail-in
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    if Official Sector Involvement (OSI) will take place in the eurozone bailout countries as it has already... the bailout window period. Although the principal remains the same, the loan has been pushed forward... to take part in the pain of restructuring. In terms of fiscal consolidation the ESM/IMF has found

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  4. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    measures and lack of a material implementation of structural reforms has led 9-month 2013 GDP to contract... and troika forecasts for a 4-percent contraction. Greece has experienced negative growth since the third quarter of 2008, but the contraction has been consistently slowing over the past six quarters

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  5. Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

    EconomyMacroeconomy

    in February. Greece has experienced negative growth since the third quarter of 2008, but the contraction has been consistently slowing over the past four quarters. Affected by continued austerity... of a material implementation of structural reforms has led 2013 GDP to contract 23.7 percent compared

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  6. Samaras hopes for Merkel fillip as gloom grips Greek coalition

    PoliticsGreek Politics

    has put on the table. The latter includes changing rules on mass dismissals and allowing employers... of the last chances the prime minister has to avert his government’s downfall. The coalition’s longstanding strategy has been to bank on concluding the troika review quickly and obtaining some commitment

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  7. Newsletter 7 - 12/12/2014

    Newsletters

    of the presidential vote has two distinct advantages. By holding the ballots on December 17, 23 and 29, rather than... two, if not all, of these sources if it is to elect a president. The government has 155 MPs... that the HFSF capital buffer – the unused amount of the fund’s total capital of 49.7 billion that has

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  8. How SYRIZA says it will fund its economic policies
    Photo by MacroPolis

    Economy

    congress last Saturday with minor modifications to the previously announced measures. Tsipras has... is at the limit of legality, has not the approval of professional unions and local societies, while the sale... opposition,” he argued. SYRIZA has also strongly opposed the privatisation of the Hellenikon (former

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  9. Greece's fiscal, debt and funding goals as set out at Eurogroup

    EconomyProgramme

    the existing budget framework or that has implications for financial stability. c) No action towards... the 8-billion-euro capacity of the Hellenic Financial Stability Fund (HFSF) that has yet to be used... legislating on how to deal with NPLs and the backlog of tax arrears, which has reached around 70 billion

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  10. Tsipras faces dissent from SYRIZA MPs but serious rift unlikely at this stage
    Photo by MacroPolis

    PoliticsGreek Politics

    the challenging process of implementing the agreement his government has reached with Greece’s creditors became... Lafazanis, who has already gone counter to the government’s position on privatisations, and Alternate..., this could be a move that backfires on the prime minister, who has promised greater transparency

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