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Capital controls in Greece? A response to Professor Sinn
Agoraof Grexit, while they would also be less costly for Greece than Grexit. The EZ has an incentive... that lacks liquidity, simply because ELA has reached an arbitrary upper bound? Third, Professor Sinn... for the Cooperative Bank has been deemed unnecessary, and since the Cypriot economy outperformed Troika/MOU
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Public support for coalition still strong but Tsipras walks fine line with party
PoliticsGreek Politicsleft wing, or Left Platform as it is known, which has objected most strongly to the deal reached... has “vagueness and several critical problems.” He insisted, however, that the government would be able... will also point to the surprisingly strong support that his government has among voters. In the first
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Spain is not Greece: Part two
Agorahelped to calibrate the scale of the popular support Podemos has and to dispute some of the polls... explains why Podemos has as many convinced supporters as convinced naysayers. Walking along the same path... party that has recently come to the national political fore from Catalonia, is taking up the slack
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Where next for Greece's troubled privatisation programme under SYRIZA?
EconomyGrid Operator (DESFA) to the Azeri SOCAR has yet to be approved by the EU’s Competition Commission... to: a) Not to roll back privatisations that have been completed. Where the tender process has been launched..., has repeatedly stressed that the government will stop the privatization of PPC and is reluctant
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After Eurogroup, hard work, more pressure and sliver of hope for Greece
PoliticsGreek Politics” - entering ministries “with a power play that smacked of a colonial attitude” has “finished.” Varoufakis... is of the essence for the coalition as it only has cash to pay its obligations for the next few... on whether the limit can be raised from the current 15 billion euros, which has already been reached
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsof those three measures stands at 200.3 million euros and the government has identified savings in two... that the government is under extreme pressure to meet its commitments. It has to pay 950 million euros... banks. However, the government has been forced to gather the cash reserves of various public
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Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politicsin Brussels, Athens has revealed that it hopes to reach an agreement for lenders to release some.... It would also help him argue that he has pushed Greece’s creditors as far as possible without... the single currency. Dragasakis insisted during his TV appearance that the government has no intention
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme, Greece has successfully rolled over 4.6 billion of 3- and 6-month T-Bills, which were covered by Greek banks and use of general government (gg) entities cash reserves. The European Central Bank has..., the amount of T-Bill rollovers is lower at 2.4 billion. March payments and beyond Greece has also
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After paying IMF, Greece looks to cover remaining funding needs for March and April
EconomyProgrammeΤhe government has covered a large part of its funding needs for March, which mainly comprised..., the government still has to cover financing needs of 1.5 billion euros in March and more than 2 billion... on Thursday night, the Greek leader reportedly said his government has enough cash to meet obligations
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Tsipras makes his point in Moscow but leaves with nothing tangible
PoliticsGreek Politicsand legislation. - Putin indicated that Russia still has an active interest in the potential privatisation... the obligations it has as a member of the EU and international organisations. The impression left by Tsipras... in itself. The Greek coalition has been keen to show over the last three months wherever it can
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