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Newsletter 3 - 14/11/2014
precautionary support is a non-starter after the way the markets reacted in the last few weeks, sending... of economists by Reuters had predicted a growth rate of 1.3 percent for the third quarter. 2... that headwinds coming Greece’s way could adversely impact on the economy’s recovery potential in 2015. By Jens
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Newsletter 5 - 28/11/2014
, was initially ruled out by the government, it now appears as the only way to secure the last European... million off target. 2 From Paris to London No happy returns yet for Athens in crucial troika talks... to comply with and the intricate details of the 2015 budget continue to stand in the way
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Newsletter 16 - 20/02/2015
legitimise a rebellion that could ultimately bring down the coalition. Either way, Tsipras’s mettle.... The full year figure showed a surplus of 1.66 billion (up by 52.2 percent). 2 Playing safe... is also a passable choice for many in SYRIZA because he has been critical of the way that the troika
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Newsletter 25 - 08/05/2015
drop over the last 22 months. April’s reading was eighth straight month with sub-50 reading. 2... of the agreement. If most of the measures agreed are seen as restoring fairness in the way.... It must have dawned on Tsipras and his aides by now that there is no way to hold a referendum
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Greece: After a deal, work on a solution
Agora, opening the way for new elections, and excluding the more radical part of Syriza from power. While..., it is important that the deal is not seen as an easy way out for Greece, as the governments... Germany was in the not-so-distant past (see Chart 2). The OECD has compiled a list of 329
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As Greek deadline looms, this is how the next days could play out
EconomyProgrammeDijsselbloem recently stated, it is too late for such a disbursement before June 30. 2... disbursements, but paves the way for the ECB to allow an increase in the T-Bill ceiling above the current... pave the way for the ECB to allow Greek banks to cover the incremental amount of T-Bills, also
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Newsletter 33 - 03/07/2015
realistic way a deal could be secured in time to prevent a euro exit, Tsipras will not agree to also... percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece... of the massive deposit outflows in recent months, speculation was rife that they were on their way
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Refugee influx pushes Tsipras towards crisis nexus
Agorastronger parallel between the refugee crisis and the way Greece is dealing with its economic crisis... the problem. If they are looking for inspiration then perhaps the way that almost 1.5 million Greeks... in the months ahead. *An earlier version of this article appeared in October 2 e-newsletter
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Newsletter 48 - 23/10/2015
this week as the haphazard way in which the government handled the issue of imposing VAT on private... the hard way that the options are very limited. Industry index slides further Greek industry’s...). Improvement mainly due to drop in goods and primary income deficits. 2 More old than new Tsipras fails to set
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Greek banks complete book building: A recap of where we stand
Economypaves the way for the approval of the disbursement of the next sub-tranche (2 billion euros... billion. Since the offer prices of all book building processes were set way below the minimum price
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