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Cabinet act firms up details of CoCos issuance by Greek banks
Economy“pari passu” to common shares. They bear an annual coupon of 8 percent for the first 7-year period after
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammecreditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay
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New president receives strong endorsement, hints at areas of interest
PoliticsGreek PoliticsSenior judge Katerina Sakellaropoulou was elected Greece's new, and first female, president on Wednesday by the vast majority of the country’s MPs, vindicating Prime Minister Kyriakos Mitsotakis’s choice, but also justifying SYRIZA leader Alexis Tsipras...
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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek PoliticsThe rising cost of living and the potential impact of new Covid rules on retail and catering are increasing the pressure on the government for more support measures, as the epidemiological picture takes on an increasingly urgent hue. The Energy and Fina...
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Opposition irate over watchdog briefing as govt hints at "rogue network" behind surveillance
PoliticsGreek PoliticsOpposition MPs stormed out of a meeting of the parliamentary committee handling the surveillance affair over what they claim is a concerted attempt by the government to cover up a politically motivated spying operation on domestic targets including jour...
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Kasselakis offers more hints of a positive narrative for SYRIZA's post-Tsipras era
PoliticsGreek PoliticsSeveral months after his surprise election to the leadership of SYRIZA, Stefanos Kasselakis has started sketching out the first lines that will distinguish his era from that of party founder Alexis Tsipras. Buoyed by encouraging signs from recent polls ...
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek PoliticsWith the cost of living and the economy dominating much of the public debate in the run-up to next week’s EP elections, Prime Minister Kyriakos Mitsotakis has started to sketch out several specific interventions that the government is mulling for after ...
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
EconomyS&P on Friday reaffirmed Greece’s sovereign credit rating at ‘BBB’ with a stable outlook, citing confidence in the country’s fiscal discipline, solid economic growth, and an improving banking sector. In April, S&P was among the agencies that advanced Gr...
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Refugee influx pushes Tsipras towards crisis nexus
Agoraarrived in 2014 but already this year there have been more than 400,000 arrivals. On Friday, IOM... of a delayed reaction to a problem that until recently only affected its outer borders. It increased.... However, the scale of the problem means that much more will need to be spent in the months to come
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Newsletter 36 - 24/07/2015
it as a national rather than European problem. They chose to hide the absolute truth about the crisis... mandate in the autumn. There are several reasons to believe that this is more than idle speculation... 690 million euros year-on-year. 2 Divided we fall Treating Greek crisis as a national problem has
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