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  1. Government sceptical about deal with lenders, PM with convincing to do

    PoliticsGreek Politics

    Democracy, it is unlikely that he would choose to do so. As his government has served for less than 12.... In terms of forming a new government, New Democracy has already proposed that if a deal is passed

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  2. MPs vote for referendum amid growing uncertainty about euro membership
    By MacroPolis

    PoliticsGreek Politics

    that the government still has time to change its stance and seek a deal with lenders. Alternatively, she said... that the Eurogroup stands ready to reconvene to discuss the Greek issue. “The process has not ended,” he

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  3. The political scenarios ahead for Greece after the referendum

    PoliticsGreek Politics

    the last few weeks suggest is the most likely), the opposition has also not given up hope.... July 26 has been reported as a potential date for such a vote. There are several things to consider

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  4. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    amount is due to paid at the end of this month. On top of pensions, the government has to pay the first... in the next two weeks. However, the bank holiday coupled with the imposition of capital controls has also

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  5. Referendum and the ECB to determine the future of Greek banks
    Photo by MacroPolis

    Economy

    then, it is estimated that the ELA liquidity buffer has been reduced to around 25 billion. Assuming... Greece has to redeem a GGB of 3.5 billion held by the ECB. Although rating agencies have noted

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  6. Moody's downgrades Greece's rating by one notch to Caa3

    Economy

    with institutions and the withdrawal of support has increased in recent months and is expected to remain high... that the likelihood of a consensual debt restructuring has reduced. Even if an agreement is reached, the new

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  7. Final push for "Yes" and "No" campaigns as referendum result hangs in balance
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    government or he could trigger the process for national elections. Another option that has emerged... Dijsselbloem has made clear, that whatever deal is agreed would include tougher measures due to the damaging

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  8. Strengthened Tsipras shows willingness for deal with lenders after "No"

    PoliticsGreek Politics

    with lenders. Tsipras has been strengthened considerably domestically by the 61.3 percent of Greeks... man’s premiership. Ex-parliamentary speaker Vangelis Meimarakis has taken temporary charge

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  9. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    then, we understand that this ELA liquidity cushion has been reduced by more than 10 billion... regime. Since ELA liquidity of 90 billion euros has been used and there is another 25 billion available

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  10. Income inequality in Greece remained high in 2013
    Photo by Harry van Versendaal

    Society

    income of the top and bottom fifths of society, has remained almost constant since 2011 and 2012... 30.6. In comparison with 1994, when the Gini coefficient was 37.4%, overall inequality has decreased

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