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  1. Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    PoliticsGreek Politics

    percent of GDP has virtually been agreed. The framework for the sale of non-performing loans (NPLs) also... to swallow as it has pledged not to target salaries or pensions further, especially after making 1.8.... Nevertheless, the government appears to feel it has a deal that it can convince MPs, members

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  2. Greece seeks to mend fences with Austria but frets about EU-Turkey deal
    Photo by https://flic.kr/p/G8YjP3

    PoliticsForeign Policy

    Foreign Minister Nikos Kotzias' decision to visit Vienna this week has been viewed as a goodwill... that much of any tension has been defused, and the great friendship of our peoples is being reaffirmed... that his warning about the refugee crisis a year ago has been justified. Kotzias said that he had

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  3. If you think it's bleak for Greece now, wait until tomorrow
    Photo by Harry van Versendaal

    Agora

    the report. Given that the Washington-based organisation has been part of the Greek programmes since 2010, both as the author and enforcer of conditionality, and has had a major influence in shaping... productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which

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  4. Linking of ex-PM with centre-left role highlights inertia, not momentum

    PoliticsGreek Politics

    the last few years, Simitis has maintained a supportive but not active role and has never given.... PASOK and Potami launched earlier this year a joint committee that has the task of trying to forge a platform for cooperation between the two parties based on common policies. However, the panel has made

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  5. Greece passes bailout-related amendments, hopes for loan disbursal in days

    PoliticsGreek Politics

    from the data that will be used to calculate whether the fiscal brake has to be activated... approval from their national parliaments will have to get the green light. Once this has been done.... No such law has been passed so far. European Commission spokesman Margaritis Schinas was asked about

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  6. PASOK and Potami aim to firm up joint platform
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    and this seems to have given the process a little more momentum. The Potami leader has perhaps been.... Although the lawmaker is continuing as an independent and has expressed a desire to form his own movement, there is speculation that he will cooperate with New Democracy at some stage. It has become

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  7. Encouraging signs for Greek banks in Q1 results but NPL management looms large
    Photo via Flickr https://flic.kr/p/4hVnhM

    Agora

    pool has been trimmed by 7 billion euros QoQ to 110.6 billion, while their liquidity buffer has been... a total amount of deferred tax asset (DTA) of 19.48 billion euros, making up 69 percent of TE. Alpha has... has by far the highest TE of 8.51 billion as well as the highest market cap of 3.32 billion (third

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  8. Labour laws already emerging as key issue for next bailout review

    PoliticsGreek Politics

    Even though the first review of Greece’s third bailout has barely concluded, attention is already... explained on Monday, the government has a considerable list of prior actions it has to complete... last summer, the government has to conduct a “consultation process led by a group of independent

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  9. Tsipras aims for new alliances and EU changes after Brexit

    PoliticsForeign Policy

    in the wake of developments in the UK were not particularly encouraging. Italy has apparently been... Schaeuble has reportedly drawn up a post-Brexit plan that envisages stricter budget rules. Athens... that the EU has to adjust quickly or face the emergence of more division within its ranks. However, he also

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  10. Marinopoulos travails point to wider difficulties for supermarket sector

    EconomyFeatures

    as no surprise to anyone who has visited the chain’s stores in the last few months. Disputes with unpaid... in terms of stores, the country was their only loss-maker in 2011. The Greek economic crisis has also... in the ensuing years. Greece’s supermarket sector has been in steady decline since the start of the economic

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