Search
-
Gov't sees reform multi-bill as path to funding but resistance abounds
PoliticsGreek PoliticsThe Greek government is to present its reform multi-bill to the Euro Working Group on Wednesday..., such as pension reform, VAT hikes and labour market liberalisation. It appears that the Greek... disbursement and that no funds would be transferred unless there is a complete agreement. During the Greek
1% -
Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomyperiod. At the same time Greek banks have witnessed deposit outflows of around 27 billion euros over... mid-2013 when the last round of Greek bank consolidation took place. Back in 2012, there were more than 15 banks in the Greek banking market, with the smaller ones hiking deposit rates to attract deposits
1% -
Athens keeps options open on gas pipelines despite nudge from Washington
PoliticsForeign PolicyThe Greek government’s multi-pronged approach to energy issues has been in focus over the past few... the Greek premier held talks in Moscow on April 8. Then, Tsipras stated clearly his government’s interest... in Brussels and Washington regarding the Greek government’s flirt with Russia over energy issues
1% -
SYRIZA caught in push and pull between voters and members over deal
PoliticsGreek Politicswith lenders that will mean adopting more austerity measures, and Greek society, which is growing... that “the government’s red lines are also the red lines of the Greek people.” It also raged against Greece... memorandums. “These demands are not acceptable,” said the statement. “They cannot be accepted by the Greek
1% -
Close call on IMF payment puts Tsipras under more pressure at home, abroad
PoliticsGreek Politicsexposed the fraught state of the Greek government. The most surprising aspect of the weekend’s... is also likely to bring more pressure for Greece from its lenders. Tsipras has asked for the Greek... counterparts for Greek debt relief. The Fund staff also warn that it will be difficult for Greece
1% -
Newsletter 28 - 29/05/2015
The Greek government has insisted over the last few days that an agreement with lenders is possible over... and the coming years, which will determine the amount of measures the Greek government will have to take. Reports... the second had an even lower outcome, with less than 150 million euros of deposits returning to Greek banks
1% -
As talks enter final stretch, Tsipras addresses broad, varied audience
PoliticsGreek Politics.” But this seems in complete contrast with the tone of an op-ed published by the Greek leader in Le... proposals and displaying a total indifference to the recent democratic choice of the Greek people... to the kind that SYRIZA and Tsipras regularly use within Greece. So far, though, the Greek prime minister has
1% -
Lenders put together proposal that may leave Tsipras struggling
PoliticsGreek Politicsin the next few days have begun emerging, raising questions about whether the Greek leader will be able... to be little for the Greek premier to use as a counterbalance apart from the lower primary surplus... to Greek lenders. While the continuation of the Emergency Liquidity Assistance scheme and the flow
1% -
SYRIZA prepares to debate deal as Tsipras's options narrow
PoliticsGreek PoliticsGreek Prime Minister Alexis Tsipras left for Brussels on Wednesday insisting that he was going... funds before the ECB can consider increasing the T-Bill limit for Greek banks. This is the first... might take regarding the haircut applied to Greek banks’ collateral haircut if Greece bundles its
1% -
Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
PoliticsGreek Politicsideological victory that protects Greek workers from greater containment of their rights. However... of the last few months have been successful. It appears that the Greek government will have to concede... reference he made was regarding cuts to pensions, which could prove his biggest headache. The Greek
1%