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Greece and eurozone reach tentative deal, much undecided
EconomyProgrammeto assume that during the 4-month extension the ECB may re-introduce the waiver on Greek government... with positive newsflow in the aftermath of today’s Eurogroup decision may also pave the way for restoring
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Tsipras faces dissent from SYRIZA MPs but serious rift unlikely at this stage
PoliticsGreek Politicsforce New Democracy, To Potami and PASOK to commit publicly to supporting the government. This may... closed doors on Wednesday is likely to help relieve the tension within the party and may mean
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Greece's imminent funding problems: All the numbers you need
EconomyProgrammeof February 18, when the last ELA extension was approved by the ECB. Note that Greek banks may place T... of 3.5 billion on T-Bills that Greek banks may place with ELA funding. At the moment there is nothing
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Spain is not Greece: Part two
Agoraand a rescue; today, it is politics. The triumph of SYRIZA may unleash a political domino effect in Europe... in May and a national vote in November. In between, Catalonia holds its election in September. Within
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Greek banks' Eurosystem funding jumps to 87.4 bln in Jan, ELA at 5.2 bln
EconomyMacroeconomyhighest level since August 2011. In addition, ELA funding rose from zero since May 2014 to 5.23... of ELA funding to Greek banks, while the current limit of 65.3 billion may be affirmed since
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The ECB's strict rules apply if you dare not comply
Agoraon the Greek waiver decision. Whatever the question about Greece may have been, the message Draghi... percent, which may not be an outright haircut but certainly results in a greatly reduced burden. A state
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammetarget increases to 3.4 billion euros in April and further to 3.8 billion in May (see following... may have landed at the even lower level of 0.6 percent of GDP. In the discussions held
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Greek banks' Eurosystem funding at 13-month high of 104.2 bln in Feb as ELA rises
EconomyMacroeconomyin May 2012 followed by the 123.30 billion posted in November 2012. Following Greek banks’ successful..., ELA was eliminated in May 2014 and remained at zero until the end of 2014.
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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomythe collectability of public revenues. Tax arrears created until March 1 2015 may be included... of the single property tax (ENFIA). The set date for tax settlement is the end of May and tax debtors have
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammebillion in May and 2.5 billion in June, according to PDMA. Through an amendment included in the law... may be utilised by the state to cover short-term funding needs primarily through purchases of T
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