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Newsletter 231 -06/12/2019
is uppermost in Mitsotakis’s thoughts. Eurogroup approves SMP, ANFA profit release GDP shows rise... Eurogroup having secured debt relief measures worth 767 million euros, consisting of the release... the surplus targets from 2021, instead of 2023. The Eurogroup statement indicates that any indirect
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How Greek banks could cut 2014 financing gap with a bond rollover
Economyof Monday's Eurogroup meeting, ECB executive board member Joerg Asmussen rejected any idea of rolling over... was part of last November Eurogroup’s decisions. He added that “now they are telling us... that will have the final say on this issue. Potential developments could emerge in the coming Eurogroup
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Greece poised to build on investor sentiment with return to bond markets
EconomyThe Greek government has emerged from this week’s Eurogroup and Ecofin with renewed confidence... of the omnibus bill last Sunday and approval of the next disbursement by the Eurogroup on Tuesday... and the positive Eurogroup statement sending a positive signal on both the international and domestic fronts
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Stress mounts ahead of ECB's tests on Greek banks
Economycolleagues at the July 8 Eurogroup about the potential impact of the stress tests. “The Greek economy... Directorate-General for Competition,” Hardouvelis was quoted as saying during the Eurogroup. Kathimerini... expressed by Hardouvelis at the July 8 Eurogroup confirm the uncertainty prevailing in the domestic stock
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What does a bailout exit with a precautionary credit line mean for Greece?
EconomyProgrammeEurogroup President Jeroen Dijsselbloem announced after the November 6 Eurogroup that “there is a strong support for a precautionary credit line in a form of Enhanced Conditions Credit Line (ECCL... clearly inadequate to resolve the threat of financial disturbance, Eurogroup may decide to close
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Troika document reveals thorny issues, coalition's commitments to conclude review
EconomyProgrammean agreement would be clinched by the January 26 Eurogroup. This timeline is subject to the outcome... of the Greek programme review as well as the letter sent by the Greek authorities to the Eurogroup...”. At the same time, Greece requested that the Eurogroup approve the provisions of an Enhanced Conditions
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Greece's lenders adopt cautious approach to new government
EconomyProgrammeto their work. Eurozone Finance Ministers also discussed the Greek issue at the Eurogroup held... Dijsselbloem, adding that Eurogroup will support their quest for economic recovery within the eurozone... from providing any specific answers. He noted that the Eurogroup must allow the new Greek government
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After Schaeuble talks, Greek gov't still focussed on ditching existing bailout
PoliticsGreek Politicsan agreement with the Eurogroup that would allow the European Central Bank, which stopped accepting Greek.... It is not clear what Greece would offer in return for the Eurogroup’s acceptance but the government... in the Eurogroup, which is due to meet on Monday, February 16, (there have been reports of an extraordinary one
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Signs that Greece-eurozone deal may be in sight but much work remains
PoliticsGreek PoliticsAs the dust settles from Wednesday’s inconclusive Eurogroup, it is difficult to assess with certainty whether events in Brussels leave Greece and the eurozone closer or further from an agreement... Eurogroup cannot be deemed a foregone conclusion. Much of the post-Eurogroup analysis has revolved around
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Greece and eurozone edge towards deal but details remain sketchy
PoliticsGreek PoliticsEurogroup. The move comes after Prime Minister Alexis Tsipras and Eurogroup chief Jeroen Dijsselbloem met... Minister Yanis Varoufakis and his colleagues at Wednesday’s Eurogroup, leading to plans to issue
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