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Draft 2022 budget represents first attempt to restore post-pandemic fiscal order
EconomyMacroeconomyFollowing two years during which Greece was allowed, thanks to the SGP escape clause, to run substantial deficits to protect its economy from the impact of the pandemic, 2022 sees some sense of fiscal order returning based on the draft budget submitted to Parliament on Monday. Using the enhanced
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Newsletter 291 - 02/04/2021
will require it to meet tight deadlines and work to strict procedures in order to secure disbursements from... order growth. The headline figure was in part due to a further deterioration in vendor performance... in the form of grants, 6 billion euros will be given over to the Green Transition – one of four pillars
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Newsletter 52 - 20/11/2015
is considering applying the pension measures in two phases in order to calm potential negative reactions from... by the quadriga. The third memorandum of understanding signed in mid-August called for pension savings of 0.25... be financed. Following a meeting with the quadriga mission chiefs on Thursday evening, Labour Minister George
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Newsletter 55 - 12/12/2015
, the European Commission’s representative in the quadriga of lenders monitoring the Greek programme... the role of the IMF as part of the quadriga. In October, Finance Minister Euclid Tsakalotos met... waning appetite for reforms, the troika did not show the kind of flexibility he had hoped in order
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Newsletter 347 - 22/07/2022
Protection Instrument. The ECB described it as “necessary in order to support the effective... new crisis tool, with strings attachedThe European Central Bank added one more instrument to its
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Newsletter 9 - 30/12/2014
, which the largest opposition party Syriza wanted at all cost and which the governing coalition did... state. The default option to subsequently increase T-bill issuance in order to finance ongoing... corporate debt workout solutions. The implementation of such portfolio management instruments is long
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Voting for brinkmanship while the real economy needs solutions
Agorawanted at all cost and which the governing coalition did not mind avoiding, will yield the political... increase T-bill issuance in order to finance ongoing government expenditure will only further drain.... The implementation of such portfolio management instruments is long overdue in Greece. Whatever the political
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Somewhere in the middle: Kosovo's delicate relations with the European Union
Agoraand delicate approach, in order to accommodate both the stance of the majority of its members and 5 non... it was hailed as a ‘confirmation of Kosovo’s EU perspective.’ In order to streamline.... On the other hand, in order to balance the positions of both countries the EU has attempted to walk
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Newsletter 37 - 31/07/2015
to the process is that Tsipras managed to hold off an attack from SYRIZA’s left wing, which wanted...), the European Commission and the European Stability Mechanism (ESM), the newcomer making the quadriga, it would
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PM hopes energy, US deals offer political lifeline as Samaras drags him towards domestic mire
PoliticsGreek Politicsas a strategic counterweight to domestic wear and tear. With rising social pressure over cost... for cooperation across seven pillars of the global technology supply chain — from semiconductors and AI
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