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Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out
PoliticsGreek Politicsround of introspection and infighting as the majority of the party’s central committee members voted... properties on Airbnb-style platforms will be banned in three areas of central Athens. Mitsotakis... is likely to be the central theme of the government’s communication strategy for his remaining
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Greece and the euro: The flight of Icarus
Agorathe European Central Bank and issue mortgages relatively freely. The ECB accepted the Greek bonds... and extending the maturities on the loans it has made to Greece and the European Central Bank, which holds... union, with a central watchdog, will be ready next year. The idea of debt mutualisation, or Eurobonds
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How Greek banks could cut 2014 financing gap with a bond rollover
Economy. The paper is held by Greek banks (4.47 billion) and the European Central Bank (ECB) as well as National Central Banks (NCBs). A few hours after Stournaras’s comments were published and on the sidelines... the central bank’s GGB holdings. “We must find a way to close Greece’s financing gap
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SYRIZA's left wing sticks to belief Greece should leave euro
PoliticsGreek Politicscentral committee. “The plan for Greece to leave the eurozone is not a catastrophic choice at all... central committee during this summer’s congress, when Tsipras united – theoretically, at least – his party behind a core message and central decision-making process. In this respect, the leftist
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomy. The central bank also calls on the government to focus its economic policy on implementing fiscal... to the BoG report. The central bank recommends that the streamlining of the public sector should continue... corporates should seek alternative funding sources, the central bank says, including debt financing
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Greece in 2014: The risks and opportunities of moving forward
Agora, corporate representatives and civil society face throughout 2014. For fiscal policy making the central... commitment to the structural reform process as a central trade off. Given Greece’s volatile social... in the framework of a national export strategy are central. Greece needs to enlarge its export base both
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Buying time: The delayed crisis of democratic capitalism - a review
Agorato outright deflation. In Streeck’s opinion, the only financial tool left is virtual, namely central... OMT and LTRO, respectively) provided by the European Central Bank (ECB) to financial institutions.... This modus operandi changes the mandate and legitimacy of central banks in the USA, the euro area, the UK
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Cooperatives on Cyprus: Why they were treated differently to banks
Agoraseparate entities to 18. Control and monitoring will be in the hands of the Cooperative Central Bank... a penalizing interest in order to defer to EU competition clauses. The new CEO of the Central Co-operative... ownership, as well as a way for local and central government to borrow; in effect the Cypriot answer
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First round of local elections leave Greek politics finely balanced
PoliticsGreek Politicsfor the conservatives in northern Greece. New Democracy’s candidates in Thessaloniki and for the Central... Democracy’s Stavros Kalafatis. In Central Macedonia, New Democracy rebel Apostolos Tzitzikostas comfortably..., Attica and Central Macedonia will lead to questions about the party’s strategy. These shortcomings
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As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis
EconomyMacroeconomyas the central bank's new governor. Provopoulos's tenure expires on June 19. Stournaras's... of Greece's central bank. The leftists have threatened to remove Stournaras from the position if they come... banknote shipments from other eurozone central banks totaling 5.26 billion took place in three
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