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  1. Tsipras has until Sunday to keep Greece in euro, must pass measures immediately

    PoliticsGreek Politics

    in particular was absolute in his language and visibly irritated with the Greek government. He said... of a Greek exit. Tusk added that a humanitarian aid scheme would also have to be discussed.... He said that he had already communicated this to Tsipras and expressed anger that the Greek prime

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  2. Bank recap and NPL management create conundrum in bailout talks
    Photo by MacroPolis

    Economy

    loans (NPLs), are among the key unresolved issues in the ongoing discussions between Greek... Greek banks’ possible capital needs. In addition, a total envelope of up to 25 billion euros would... buffer to be established under a new Greek programme, after applying the legal framework.” According

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  3. Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    the implementation of the Greek programme but it did not reach any decision on the disbursement of the next... Klaus Regling said that following the announcement of Greek banks’ capital shortfall at 14.4 billion... billion initially foreseen. However, the Eurogroup urged the Greek authorities to resolve all financial

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  4. Newsletter 51 - 12/11/2015

    Newsletters

    Banks move on capital needs International institutional book-building process underway Greek banks... Thorniest issue remains framework for home repossessions Yet another weekend finds Greek government.... In Greece, at least, it is the Frenchman (who had built up a personal friendship with Greek prime minister

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  5. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding continued heading south for the fourth straight month in October... billion. This represents the second consecutive drop and reflects the return of Greek banks’ repos... activity. The bulk of ECB funding comprises of the EFSF bonds the four Greek core banks received

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  6. First days of talks confirm gap between Greece, lenders on pensions

    PoliticsGreek Politics

    Two important developments emerged from the first set of negotiations between the Greek government.... According to media reports citing government sources, the institutions rejected the Greek proposal... approval of the four largest Greek employers’ federations, aims to cover the remaining gap of 550-600

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  7. Newsletter 61 - 05/02/2016

    Newsletters

    of negotiations between the Greek authorities and the mission chiefs has not reached any agreement... debt relief on the other side (i.e. the European side)”. Lagarde stressed that the Greek pension... billion that was actually required for Greek banks, compared to the initially envisaged 25 billion

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  8. Substantial ground for Greece and lenders to cover before May 9 Eurogroup
    Photo by Can Esenbel [www.mundanepleasure.com]

    PoliticsGreek Politics

    . However, perhaps the two most important players in the Greek bailout, the International Monetary Fund... in Athens this week between Greek government officials and the institutions that there had been... delineated and legislated now so there is no way the Greek government can wriggle out of its commitment

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  9. Greece looks for support as expectations for May 9 Eurogroup lowered

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras is expected to resume talks with Greek government officials.... This will be of great concern to the Greek government, which had pushed hard for eurozone finance... of cash. If the Greek government had any hopes of forcing through a deal by stressing its

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  10. Nine in 10 Greeks under 30 feel marginalised due to crisis
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    in their country suited the working world. Greek youths (43 percent), along with their Cypriot (51... and its institutions. Interestingly, Greek youth were joint third highest to feel (27 percent) of all EU...). Despite the high number of protests in the Greek capital, only 20 percent of Greek youth believe taking

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