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Tension rises in Greece but creditors see potential for agreement soon
PoliticsGreek Politicsdramatic call to European Council president Donald Tusk, is an indication that Athens has not given... to reach a deal. It also served to add to the drama of the situation, which has been heightened... of unrest within SYRIZA. This has pushed up the levels of anxiety within Greece about the possibility
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EU highlights Greek border concerns but Athens concerned about Aegean
PoliticsGreek Politics“serious deficiencies” in the control of its borders. Athens has not yet been able to fully deploy... are also conducting separate exercises in the central Aegean and there has been heightened activity... there has been progress in the effort to liberalise visas for Turks. As this is a key element
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Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
PoliticsGreek Politicspercent of GDP has virtually been agreed. The framework for the sale of non-performing loans (NPLs) also... to swallow as it has pledged not to target salaries or pensions further, especially after making 1.8.... Nevertheless, the government appears to feel it has a deal that it can convince MPs, members
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Greece seeks to mend fences with Austria but frets about EU-Turkey deal
PoliticsForeign PolicyForeign Minister Nikos Kotzias' decision to visit Vienna this week has been viewed as a goodwill... that much of any tension has been defused, and the great friendship of our peoples is being reaffirmed... that his warning about the refugee crisis a year ago has been justified. Kotzias said that he had
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NPL resolution in Italy and Greece
Agorain southern and southeastern Europe, has been a constant challenge for policymakers in recent years... has been centred on a public-private partnership involving commercial banks and the treasury... predecessors, the Tsipras government has been obliged by Greece’s official creditors to address
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If you think it's bleak for Greece now, wait until tomorrow
Agorathe report. Given that the Washington-based organisation has been part of the Greek programmes since 2010, both as the author and enforcer of conditionality, and has had a major influence in shaping... productivity growth since 1970 has been averaging 0.7 percent, by far the lowest in the euro area, which
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Linking of ex-PM with centre-left role highlights inertia, not momentum
PoliticsGreek Politicsthe last few years, Simitis has maintained a supportive but not active role and has never given.... PASOK and Potami launched earlier this year a joint committee that has the task of trying to forge a platform for cooperation between the two parties based on common policies. However, the panel has made
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Greece passes bailout-related amendments, hopes for loan disbursal in days
PoliticsGreek Politicsfrom the data that will be used to calculate whether the fiscal brake has to be activated... approval from their national parliaments will have to get the green light. Once this has been done.... No such law has been passed so far. European Commission spokesman Margaritis Schinas was asked about
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PASOK and Potami aim to firm up joint platform
PoliticsGreek Politicsand this seems to have given the process a little more momentum. The Potami leader has perhaps been.... Although the lawmaker is continuing as an independent and has expressed a desire to form his own movement, there is speculation that he will cooperate with New Democracy at some stage. It has become
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agorapool has been trimmed by 7 billion euros QoQ to 110.6 billion, while their liquidity buffer has been... a total amount of deferred tax asset (DTA) of 19.48 billion euros, making up 69 percent of TE. Alpha has... has by far the highest TE of 8.51 billion as well as the highest market cap of 3.32 billion (third
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