Search
-
Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates
EconomyMacroeconomymeasures 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
3% -
Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomyin 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
3% -
Samaras hopes for Merkel fillip as gloom grips Greek coalition
PoliticsGreek Politicshas 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
3% -
Newsletter 7 - 12/12/2014
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
3% -
How SYRIZA says it will fund its economic policies
Economycongress 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
3% -
Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammethe 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
3% -
Tsipras faces dissent from SYRIZA MPs but serious rift unlikely at this stage
PoliticsGreek Politicsthe 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
3% -
EU summit talks give Greece narrow window of opportunity for reforms
PoliticsGreek Politics. The statement adds little to what had been agreed previously but underlines that the process has... billion euros takes place soon remains an option, as it has been since February 20. According to reports in Greece, Tsipras told the EU officials that his government has enough cash to meet obligations
3% -
The faces change, the issues remain the same
AgoraSuch has been the impasse between Greece and its lenders over the last three month (add a few more... corralled by a series of moves on Monday. Tsakalotos has accompanied Varoufakis to a number of his international meetings since January and has already taken part in the tortuous technical talks
3% -
Greece hopes to catch break from ECB as IMF puts its foot down
PoliticsGreek Politicsa deal on the remaining measures in order to unlock the 7.2 billion euros in bailout funding that has... be rolled into talks about a third bailout package for Greece. Athens has another 1.5 billion euros... Commission President Jean-Claude Juncker. IMF demands However, the discussion has been complicated
3%