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Tsipras mulls options as creditors pile on pressure
PoliticsGreek PoliticsPrime Minister Alexis Tsipras gathered some of his key ministers on Friday to discuss the government's next steps after lenders reportedly gave Athens until the evening to come up with counter... that would come from increasing VAT on electricity by 10 percentage points. These are two of the key
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Greece: After a deal, work on a solution
Agora, not just a deal. The politics of a deal The key political question is: can Tsipras, Merkel... to be made, even more so with the recent court ruling against part of the cuts. However, the key to making
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Greek talks go down to the wire as IMF raises major objections
PoliticsGreek PoliticsPrime Minister Alexis Tsipras left for Brussels on Wednesday for meetings with key officials ahead of a Eurogroup at which eurozone finance ministers are due to reach an agreement at the Greek... more spending cuts from Greece. The key comment from the government’s briefing was later published
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Referendum call finds Greek banks teetering on the edge
Economy, taking into account the rapid developments over the past 24 hours there are a number of key questions... of the recent Greek crisis that depositors’ reaction will play a key role in upcoming developments
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Greek government's proposals to bridge gap with lenders appear to fall short
EconomyProgrammethe new legislative reform is implemented in October. On the key issue of solidarity grants to low-income... consultation for collective dismissals, which was a key are of disagreement with institutions
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What next for Greece's revenues and spending?
Agorabudgeted for July are in doubt. Expenditure The other key budget item is primary expenditure. Data shows... Solidarity Fund (AKAGE) (at zero versus FY target of 454 million) The third key primary expenditure item
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgramme-term growth. The key areas with imminent priority for implementation as early as the beginning... future funding requirements. On the key issue of debt, the letter notes that “Greece welcomes
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomyof Finance (MoF) on Thursday. As with the 4-month performance, the breakdown of the four key gg entities showed mixed trends in the first five months of the year. The state budget remained the key positive
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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammeleaders largely adopted the finance ministers’ recommendations. We summarise below the key points... government is key. · A request for an ESM programme should also address a similar request
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Newsletter 35 - 17/07/2015
to 82 billion euros, while the financing gap is estimated at 74 billion. The first key element.... This comprises several smaller figures, with the key being interest payments related to: a) Eurosystem
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