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As Greek deadline looms, this is how the next days could play out
EconomyProgrammeand the institutions. Even assuming that at Wednesay’s Eurogroup the eurozone Finance Ministers reach an agreement on Greece’s proposals, which will include an extension of the programme, a number of issues would...) The Eurogroup approves the disbursement of the European Central Bank’s 2014 SMP income of 1.9 billion euros
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek Politicsresulted in an agreement as lenders have rejected Greece’s proposals and reverted back to the suggestions... government will not survive the ensuing vote on Parliament. SYRIZA’s parliamentary spokesman Nikos... this week. Potami’s Stavros Theodorakis met with European Economic Affairs Commissioner Pierre Moscovici
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Tsipras opts for referendum, leaving many issues open
PoliticsGreek Politicsthe premier’s proposal. The vote is due to take place at 7 p.m. on Saturday. The prime minister made... for Administrative Reform Giorgos Katrougalos claimed that a “No” vote would strengthen the government’s hand... as Greece’s programme extension is due to run out on June 30 and Greek banks will no longer
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The Greeks deserved better than this
Agora. This was the result of a serial lack of trust, built up over the last few years, SYRIZA’s amateur.... The abruptness in the way the lenders whipped away Tsipras’s last-ditch proposals, threw them in the bin... as the time wasted at the start of this government’s reign. The Greek side has to take
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Greek banks' liquidity position at the centre of attention
Economya press release after midnight saying the FT report was provocative and undermined Sunday’s... consequences for the ECB’s analysis and decisions. A positive assessment by the Eurogroup in case... this funding buffer. Under any other development in the aftermath of Sunday’s referendum, it would
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Divided we fall?
Agora. Today, Greeks have little to celebrate and much that divides them. Sunday’s referendum delivered... impression that Greeks are strongly united about the way forward. Let’s not forget that the question... building for the last few years and it will take much more to heal the scars, especially after Sunday’s
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Who voted "No" in Sunday's referendum?
PoliticsGreek Politicsthe demographics of the “Nο” vote of Sunday’s referendum, providing useful insight into the outcome... that young Greeks voted against the Eurogroup’s proposals in far greater numbers than elderly citizens... with the government’s stance. The “No” vote also dominated for the voters of Golden Dawn as well
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Greece sends request for 3-year ESM programme, reform proposals to come
EconomyProgrammeAs agreed at Tuesday’s Eurogroup, the new Greek Finance Minister Euclid Tsakalotos sent a letter..., indicating a compromise compared to Greece’s previous proposal for debt restructuring including a haircut.... A positive recommendation by the Eurogroup will pave the way for the initial approval of Greece’s
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Greece seeks 3-year programme that could exceed 65 bln
EconomyProgrammea week ago provides a good guide on Greece’s funding needs until 2018. However, as IMF managing... interest payments of 17.2 billion euros over this 3.5 year period, Greece’s debt-related funding... suggested Greece’s net funding needs would reach at 51.9 billion by the end of 2018. However
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Greek banks in intensive care: What lies ahead?
Agoraonly become available after the bank’s shareholders and creditors bear losses equivalent to 8 percent of the bank’s liabilities. Greece Based on the latest official figures, Greek banks’ assets.... In addition, a contribution from the member state national resolution fund (TEKE in Greece’s case
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