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Does Greece need a third programme?
Agora. The European part of the second macroeconomic adjustment programme expires end-2014, while the last... ministries in Germany and France, the European Central Bank and financing institutions such as the European Stability Mechanism think about Athens’ determination to spend considerable political capital
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Newsletter 2 - 07/11/2014
the positive results for Greek lenders in the European Central Bank’s comprehensive assessment... pave the way for agreements between Greece and its European partners on a transition from... of 8 billion – could reduce debt accordingly and remain available via the European Stability
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From London to Paris, no happy returns for Greece
AgoraLast week saw Greek politicians clock up air miles to European destinations. Government... Monetary Fund, the European Central Bank and the European Commission. The current review of policy... to be defined when the European part of the Memorandum expires at year’s end. Memorandum exit
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Newsletter 11 - 16/01/2015
tranches, 1.8 billion to the last European Financial Stability Facility (EFSF) tranche, while... without any support from a European mechanism. 4. Greek banks would lose ordinary ECB funding, which... in any follow-up programme that the Greek authorities are set to negotiate with their European
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Greece and lenders with conceptual, as well as practical, gaps to bridge
PoliticsGreek Politicsduring Thursday’s meeting between Greek Prime Minister Alexis Tsipras and European Parliament President.... These are: 1) Negotiating directly with European institutions and the International Monetary Fund 2... reforms that were essentially designed by the visiting representatives of the European Commission
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Newsletter 17 - 27/02/2015
. Varoufakis has suggested that one way of covering the shortfall would be for the European Central Bank...). However, Greece’s agreement with its lenders, as well as statements from several European officials.... The agreed limit of 15 billion euros for T-Bill issues has already been reached and the European Central
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EU summit talks give Greece narrow window of opportunity for reforms
PoliticsGreek Politicsgovernment following talks with key European Union officials in Brussels late on Wednesday night. Tsipras met with German Chancellor Angela Merkel, French President Francois Hollande, European Central Bank President Mario Draghi, European Commission chief Jean-Claude Juncker, Eurogroup head Jeroen
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Tsipras denies Grexit plan, has work to do to keep Greece in euro
PoliticsGreek PoliticsPrime Minister Alexis Tsipras insisted in the European Parliament on Wednesday that he has no plan..., which resulted in a strong “No” vote that many European officials had said would be synonymous... by Greece’s European lenders. Following the stern warnings from European Commission President Jean
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From the troika to the quartet
Agorarepayment to the European Central Bank (ECB). However, the growing speculation that Greece may have..., the International Monetary Fund (IMF), the European Commission and the European Stability Mechanism (ESM... conclusions resulting therefrom have created a policy conundrum for the European creditor institutions
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Newsletter 40 - 28/08/2015
. Having struck a highly controversial agreement with Greece’s European creditors, former prime minister... in the coming weeks. As we have learned in Greece and other European countries, it is increasingly.... The European creditors have structured the programme in such a manner that review missions
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