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  1. What next Greece?
    Photo by MacroPolis

    Agora

    It is easier to write down big questions on Greece’s future; harder to answer them: (1) Will Syriza...? Would it be managed or chaotic? One thing we can be sure about though. The scene is set... to the inescapable fact that the Troika’s Greek programme has never set out to decisively restore debt

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  2. Greece makes new proposals in search for deal acceptable to lenders and MPs

    PoliticsGreek Politics

    offer would still be short of the target of 1 percent put forward by lenders last week. For 2016... Greece to qualify for the QE as the country threshold set by the ECB will no longer apply in this case... efforts to pass the latest set of measures through Parliament. It would allow him to argue that he has

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  3. What capital controls will mean for Greek banks, customers and the economy
    Photo by MacroPolis

    Economy

    euros per card, which is much lower than the 300-euro daily cap set in Cyprus two years ago. Press... to the limit set by the card issuer. However, the Finance Minister may restrict the withdrawal limit... of ELA liquidity by the ECB. However, since Greece will not be under a programme as of July 1

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  4. Newsletter 33 - 03/07/2015

    Newsletters

    the target was set (by the previous government) at a high level of 6.43 billion, which also incorporates... income declarations have already been submitted, while the deadline, initially set for 30 June... a short-lived rise by 1 percent in March. The highest decline was posted by automotive fuel (-10

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  5. Bank holiday to end but capital controls remain and some transactions forbidden
    Photo by MacroPolis

    Economy

    cards abroad is allowed only for goods or services purchases without cash and up to the limit set... rates are effective as of July 20. Moreover, the hotel VAT rate is set at 6 percent until September 30. It will be raised to 13 percent as of October 1. The legislative decree also extended

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  6. Amid talk of post-election alliances, parties propose changes to bailout measures

    PoliticsGreek Politics

    , PASOK leader Fofi Gennimata set out the five following demands: 1) No freeing up of mass... is that PASOK, which seems likely to be part of the next government no matter who wins, has set out five key

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  7. Newsletter 44 - 25/09/2015

    Newsletters

    attempted to set the tone ahead of this testing period by urging his ministers to focus on the task... facing Greece. Beyond ensuring his cabinet can keep up with the pace set by the creditors... before the depositor bail-in becomes effective as of 1 January. That said, the Greek banks have

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  8. Newsletter 45 - 02/10/2015

    Newsletters

    indicate that it may be split in two subtranches of 2 and 1 billion, respectively, meaning that two separate set of prior actions would have to be implemented in the next couple of months. Prior actions... for migration issues because it had not yet set up a service to manage these resources. If Tsipras cannot put

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  9. Newsletter 48 - 23/10/2015

    Newsletters

    ). Improvement mainly due to drop in goods and primary income deficits. 2 More old than new Tsipras fails to set... into the Lagarde list iceberg. If history is a guide, Tsipras’s path seems to have been set: after talking... deposits of 1 million euros in his derivation of wealth declaration when he became an MP in 2012

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  10. Greek stocks edge up in week of big losses for banks

    Economy

    The domestic market rebounded by 1 percent this week but the key development was the huge losses... and the outcome of the voluntary bond swap offer (LME). The offer price was set at 0.01 euros implying a discount... its own capital needs of 2.56 billion with the offer price set at 0.04 euros, at a 34.4 percent

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