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No certainties for Athens before Eurogroup as lenders try for debt deal
PoliticsGreek Politics. The Europeans have a more optimistic forecast but the difference between the two is substantial and has... the weekend claimed that one of the documents the IMF has handed to the eurozone creditors suggests that Athens will not pay off the loans it has received from the European Stability Mechanism until 2120
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The wit and will of men
Agora, which has been pending since 2012, when a Eurogroup in November of that year first suggested.... The government has already reduced its GDP forecast from 2.7 percent to 1.8 percent... a Eurogroup with its back against the wall has happened numerous times during the crisis and always
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Newsletter 120 - 26/05/2017
as the measures Athens has to adopt are concerned, but state that until a way is found to make Greece’s... after rebounding by 0.3 quarter-on-quarter in Q4 From its peak of 102.2 in Q3 2008, the index has... peak of 102.2 in Q3 2008, the index has recorded a fall of 42.2 percent. Apartment prices remain
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomyhas prevailed in the Greek banking market. The loan balance has dropped by more than 25 percent amid... this 6-year period has been posted by consumer credit (-30.8 percent), followed by housing (-24.7
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek Politicswith the institutions. "Bild has distorted what I said yesterday. I never said that Greece would not repay debt in July... in as much as the government has hinted that Prime Minister Alexis Tsipras may want to take Greece’s.... Nevertheless, this does not imply that Athens will run the risk of reaching July (when it has 6.4
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Athens encouraged by terms for new round of Cyprus talks
PoliticsForeign Policyto conclude before the first week of July, as France’s Total has scheduled to begin on July 12 its search for hydrocarbons within the Cyprus Exclusive Economic Zone. This planned operation has prompted.... June is seen as the best possible month for a resolution. The international community has lost its
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SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicsthat there has been any significant change in Athens’s position ahead of the June 15 Eurogroup... of a precautionary credit line (which the government has not discussed publicly), the IMF.... Prior actions In the meantime, Athens still has some prior actions to complete before June 15
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomysector deposit flows”, BoG noted. Eurosystem funding has been reduced by 9.69 billion in the year-to-date... programme review, the Central Bank funding has been slashed by 38.79 billion with more than 62 percent of this decrease attributed to lower ELA funding. Furthermore, Greek banks’ Eurosystem funding has
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Expectations for deal on Thursday rise as Athens tempers own
PoliticsGreek Politicson Thursday. Tsipras has maintained the option of referring the Greek issue to the EU leaders on June 22 since the last Eurogroup ended in an impasse. The Greek prime minister has shown in the past that he... that the coalition had hoped until recently. In fact, the government has gradually switched its attention
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Greece gets bigger tranche from Eurogroup but Tsipras misses other key targets
PoliticsGreek Politicsdoes not consider the eurozone has made enough progress to make Greece’s debt sustainable, Athens... weeks but given that the eurozone has no intention of implementing any measures until after August next... begin with inclusion in QE and then a test bond issue this summer. This strategy now has
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