Search
-
Tsipras tries to switch focus from measures to need for survival in euro
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has made it clear that he believes the agreement reached with lenders... in” but that the country has no option but to accept it. In an interview with public broadcaster ERT... in the single currency would counterbalance the recessionary impact of the austerity measures Greece has
2% -
S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economy’s liquidity perspective has improved and therefore thinks that Greece’s default is no longer... has reduced this risk. However, if Greece does not successfully implement the new ESM programme.... That said, the extended bank holiday has materially depressed retail trade and manufacturing and has
2% -
Varoufakis adds to pressure on Tsipras ahead of lenders' return
PoliticsGreek Politicshas attempted to distance himself from Varoufakis since reaching an agreement with fellow euro area... theoretically has to be in place so Greece can received the necessary funding to meet the maturity... of such legislation not passing as the opposition parties will continue to support Tsipras and, if Parliament has
2% -
On the Greek crisis and German imbalances
Agorahas been recognized for a while by leading American economists like Maurice Obstfeld (the IMF's new... by the economics profession that the Greek fiscal adjustment has been extreme and has not been... Krugman, has never taken a look at the Greek input-output tables (or the Cypriot ones two years ago
2% -
SYRIZA's left wing hoping to prevent Tsipras from concluding bailout talks
PoliticsGreek Politicsthe squabble with SYRIZA radicals until after there has been an agreement with lenders on the third bailout... reasons: 1) He suggested the congress should be held after an agreement has been reached... no new delegates being elected but also that the congress could take place before the government has
2% -
Tsipras lays down gauntlet to SYRIZA rebels, proposes September congress or members' vote
PoliticsGreek Politicshas been reached with the creditors' representatives, who are in Athens, on the details of a third... to achieve two things: 1) To delay any internal discussion or turbulence until after an agreement has been... the central committee, where the faction has around 30 of the 201 members. They were among the 109
2% -
Tsipras bides his time on confidence vote, weighs up options
PoliticsGreek Politicsthan 120 of the 300 lawmakers to back him. The government has 162 MPs but the prospect of Tsipras... are loyal to the Left Platform and former Energy Minister Panayiotis Lafazanis, who has expressed his... parliamentary speaker Alexis Mitropoulos, who abstained on Friday, has already said he will back
2% -
Tsipras may choose benefits of longer game on elections
PoliticsGreek Politicswill be to wait until the first bailout review has been completed before triggering early elections. Although... shelving ideas of snap elections, which has to do with the sheer magnitude of the task facing his... of October, Athens also has to vote through Parliament during the same month austerity measures
2% -
European Commission evaluates impact of bailout programme
EconomyProgramme, while the government has committed to present further measures effective as of the beginning of 2016... compared to the bottom decile. Thus, EC has considered that the increase in the VAT rate on restaurants and catering would have positive distributional effects. The document underscores that Greece has
2% -
Crisis changing Greeks' college choices, research indicates
SocietyThe Greek crisis has witnessed a boom in students seeking a career in the military or police as well to becoming psychologists, a new study comparing college choices before and after 2009 has found.... “There has been an increase in university majors that are tied to jobs with good employment
2%