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Lenders dismiss Greek proposals but SYRIZA also ups pressure on Tsipras
PoliticsGreek Politicslenders are demanding. Greece has reportedly offered to achieve a primary surplus of 0.75 percent of GDP..., the Greek side has not confirmed there was such a specific commitment, merely that it would put forward... secure concessions on these points, he has a much better chance of ensuring that SYRIZA sticks
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A Greek proposal that deserves to be heard
Agorawas probably the most sensible piece of work that has been produced. Although it has not been admitted... euros are outstanding from the first programme and 11.6 billion from the second. The proposal has... the established procedure of profits return, just for the entire SMP holdings. The IMF has not only already
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PASOK elects new leader, hopes to stop slide and regroup
PoliticsGreek PoliticsEx-minister Fofi Gennimata has been elected the new leader of PASOK as the socialist party... popularity has plummeted is that less than 50,000 people voted for the three candidates on Sunday... fortunes. Apart from seeing its support shrink over the past few years, PASOK has also seen
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Greek pensions laid bare
Agorathat highlight what has been done so far on the fiscal front and what is the current state of play. State... (4.5 billion) in the total figure since 2011, the respective figure relative to GDP has fallen by just.... Greece’s pension system still has room for improvement and reform. It is crucial that there is a clear
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As Greek deadline looms, this is how the next days could play out
EconomyProgramme. On that date Greece has to pay 1.55 billion euros to the International Monetary Fund due to the bundling of four tranches that were due within June. IMF managing director Christine Lagarde has ruled out any... that in such a case the European Stability Mechanism (ESM) has the option to reclaim the 131
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Greek talks go down to the wire as IMF raises major objections
PoliticsGreek PoliticsThe government has been concerned since it submitted its proposals early on Monday... Jeroen Dijsselbloem has been instructed by European Union leaders to wrap up the process ahead of their summit on Thursday. The concern for Tsipras will be that if he has to adopt cuts to pensions
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Tsipras opts for referendum, leaving many issues open
PoliticsGreek PoliticsPrime Minister Alexis Tsipras has made a surprise move by calling a referendum on the institutions.... The government has 162 seats and coalition partner Independent Greeks has said it will support... whether that will still be on the table following Saturday's Eurogroup. Also, Greece has 1.6 billion
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Newsletter 33 - 03/07/2015
would have to remain closed. This would wreak further damage on the economy, which has already... lenders, though, agree to such an arrangement given that the trust with Greece has been obliterated... away if he is prepared to sign a deal and has the Greek people’s packing to do so. Such a move could
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Yes or no, complex political developments lie ahead for Greece
PoliticsGreek PoliticsMinister Yanis Varoufakis claimed that the government has a proposal it would be ready to sign... economy, and July 20 (when Greece has to redeem a 3.5-billion-euro bond held by the European Central... is not conclusive. There has been a suggestion that the moderates in SYRIZA might prove accommodating
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Divided we fall?
Agorastressed the need of unity in his speech after the referendum but divisiveness in Greece has been... to the constant speculation about whether Greece deserved to stay in the eurozone, their decision-making has... that has convinced itself that its homespun fables will come true even though reality has consistently
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