Search
-
Tsipras to meet Merkel amid search for political backing
PoliticsGreek Politicsthe coalition overcome its immediate funding problems and avoid speculation about the possibility of an internal default via the inability to pay wages or pensions, and a “Graccident” via the failure to pay... is for the government to receive part of the 7.2 billion euros remaining in bailout funding in return
8% -
Have inflation "repay" Greek debt and growth reduce indebtedness
Agorainterest rate but offer Greece the option of freeing itself from the obligation to pay annual...’t have to pay interest during those 50 years. That will make a world of difference to me and you... of this measure would be equal to the cost of funding the 80 BEUR when those 80 billion don’t generate
8% -
What are the implications of the ECB's decision for Greek banks?
Economy. In any case, Greek banks can still place their total EFSF bond holding (38 billion) with the ECB... lenders. This move means that such collaterals would not be eligible for ECB funding as of February... banks’ ECB funding stood at 56 billion euros at the end of December. This figure reportedly rose close
8% -
Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek Politicsproposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding... but with the IMF not returning to the programme with funding until the debt relief issue has been settled... in QE. However, Bank of Greece governor Yannis Stournaras has also said that a legally-binding
8% -
Greece sets out broad reform plan for lenders' approval
EconomyProgrammethat they pay the state the market prices for the frequencies used. On public tenders and procurements, Greece... strategic default and inability to pay. The government also pledged to de-criminalise lower income... tightening the legislation concerning the funding of political parties and including maximum levels
8% -
Greek austerity programme compromising some basic rights, EU Parliament report finds
Society), the decrease in public sector pay (25 percent on average) and private sector pay (by at least 15 percent..., it also notes that the reduction in funding for schools’ operational costs (by a reported 30 million
8% -
Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek Politicsmade by both parties. One eurozone official told Reuters on Wednesday that the government has to “pay... to clinch a deal on the remaining 7.2 billion euros in bailout funding not only because Greece is running out of cash and has more than 700 million euros to pay to the International Monetary Fund on May 12
8% -
SYRIZA's left wing ups pressure on Tsipras but PM retains authority for now
PoliticsGreek Politicsfor the government to make it clear it would not pay the International Monetary Fund next month... commitment to pay wages and pensions ahead of creditors if the institutions do not agree to solve Greece’s... of 300 million euros would not be made if Athens does not receive further funding or is not allowed
8% -
Greek government faces hard labour dilemma
PoliticsGreek Politics. That would bring in more collective layoffs at medium-sized and large firms, fewer specialised pay scale categories, and, crucially, limit union influence by changing funding rules. Pay scales would
8% -
What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgrammea new instalment scheme nor extend existing schemes regarding debtors who fail to pay... situation and ability to pay effectively leading to a prioritisation of cases based on debt collection... programme review were the fiscal gap, funding of the guaranteed minimum income (GMI) and labour
8%