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  1. Helmut Schmidt, Greece and a valuable legacy for Europe
    Photo: Kleinschmidt/MSC

    Agora

    , it is the Frenchman (who had built up a personal friendship with Greek prime minister Konstantinos Karamanlis during... to overcome his own reservations about Greek membership. In her recent book, Greece, the EEC... three key problems to Greek entry: French and Italian concerns about agricultural exports, ongoing

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  2. Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps

    EconomyMacroeconomy

    After remaining almost flat in September, Greek households’ new time deposit rate fell by 12 basis... rate corresponds to a new low in the period since Greek joined the euro. The cumulative drop by 75... market, since the core Greek banks that control more than 95 of the market cut their rates. The time

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  3. Energy drives closer cooperation between Greece, Cyprus and Egypt
    Photo via @PrimeministerGr

    PoliticsForeign Policy

    by the three leaders at the end of the third trilateral summit involving their countries. The Greek... of Greek officials are cautious about what progress can be made. New developments in the energy sector... of months. Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades and Egyptian leader

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  4. Management of NPLs to test gov't in negotiations with lenders
    Photo by MacroPolis

    Economy

    the insolvency law. The Greek authorities also have to provide a detailed implementation plan.... In its recent interim monetary policy report, BoG stressed that the key challenge for Greek banks after... of disagreement in the negotiations of Greek government with the quadriga mission chiefs. The Greek side strongly

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  5. ELA funding down by 8.6 bln in Dec for sharpest drop since July
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding continued heading south for the sixth straight month dropping... in Greek banks’ recapitalisation. ECB funding rose by 2.68 billion to 38.60 billion in December as a part... two Greek banks (NBG and Piraeus) received as state aid in their recapitalisation process

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  6. Gas provides Greece, Cyprus and Israel chance to bolster ties
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    of formal cooperation between the three countries. The three leaders (Greek Prime Minster Alexis Tsipras... of the three options under consideration and, according to Greek diplomatic sources, there is concern... central European countries. Turkey, claims the Greek government, cannot be considered a stable

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  7. Time deposit rate almost stable in December, average loan rate rises 17 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate rose by 1 basis point to 1.02 percent in December, Bank... of competition in the Greek banking market. Even though the new time deposit rate remains at historical lows... to 5.09 percent. Overall, the Greek corporate lending rates stand around 200-300 bps above

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  8. Multiple crises fence in Greece
    Photo by Harry van Versendaal

    Agora

    of GDP) this year in order to meet its fiscal targets. The IMF believes that the Greek economy... to the Greek economy contracting by around a quarter. At the same time, the number of Greeks in work.... The Greek economy is expected to contract by 0.7 percent of GDP this year before growth returns in 2017

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  9. Greece braces for complex EU-Turkey summit on refugee plan
    Photo via EU External Action Service

    PoliticsForeign Policy

    The Greek government is hoping that this week's European Council in Brussels, which begins... neighboring country. The Greek government has been preparing for challenges that may crop up during... on the Greek border with FYROM, where more than 1,000 migrants, including children, crossed a river

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  10. Brussels attacks prompt fears in Athens over handling of refugee crisis

    PoliticsForeign Policy

    Chancellor, Angela Merkel on Tuesday. The Greek leader is thought to have asked Merkel to put... the Greek-Albanian border. There are already established trails used by drugs traffickers but the mountainous terrain is unsuitable for families. The Greek minister also pointed out that in the past some

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