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  1. Cash primary surplus reaches 1.3 bln at end of June on lower expenditure

    EconomyMacroeconomy

    Greece’s central government primary cash surplus eased by 4.6 percent to to 1.3 billion euros... of preference shares by Alpha and Piraeus. Similarly, this year’s figure incorporates one-off revenue... in the 6-month period. The BoG’s figures for the central government are calculated purely on a cash basis

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  2. Greece trying to redefine its diplomatic role in the Western Balkans
    Photo by Kosovo Ministry of Foreign Affairs

    PoliticsForeign Policy

    Foreign Minister Nikos Kotzias’s recent tour of the Western Balkans has ended up causing... (Republic of Macedonia). Some analysts have argued that perhaps Serbia’s reaction is the result... Athens will support Kosovo’s bid to become member of UNESCO and Interpol. Overall, Athens seems

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  3. Agreement on third bailout could trigger SYRIZA split and snap elections
    Photo by MacroPolis

    PoliticsGreek Politics

    could provide Tsipras with the reason he needs to either formalise SYRIZA’s division or early polls, or both. If around a quarter of SYRIZA’s MPs vote against the agreement it will be the third time..., one of Tsipras’s closest aides, said in an interview over the weekend that SYRIZA could not allow

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  4. Greece deal leaves many questions

    Agora

    After all the hoopla over Greece in recent months, it’s weird that the agreement of a deal... was struck (it’s amazing how fast agreement can be found when Greece capitulates and signs up... for Greece’s debt sustainability, but nowhere in the bailout details that have been leaked is there any

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  5. Greece commits to ambitious privatisation targets as part of new bailout

    EconomyProgramme

    In contrast to SYRIZA’s pre-election pledges, the government has committed to proceed..., the monetisation of the new fund’s assets would generate revenues of 50 billion euros of which 25 billion... TV (ERT) on Thursday evening, Deputy PM Yiannis Dragasakis ruled out the sale of the state’s stake

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  6. Tsipras bides his time on confidence vote, weighs up options
    Photo by MacroPolis

    PoliticsGreek Politics

    in the weeks ahead. After Friday morning’s vote in Greek Parliament on the third bailout, government sources... vote would give him the perfect excuse to do so. The logic within the prime minister’s camp... of Tsipras’s advisers think this could outweigh any negative impact from the bailout measures

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  7. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    Greece’s budget primary surplus reached 3.71 billion euros in the 7-month period of 2015 showing... better than target. This primarily reflects the government’s decision to delay payments of non-payroll expenses to improve the state’s cash flow position. However, we would expect that, after

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  8. TINA politics and the Greek elections
    Photo by MacroPolis

    Agora

    Having struck a highly controversial agreement with Greece’s European creditors, former prime... ballot in 2015. The former prime minister’s political popularity will be challenged by voter fatigue... will coincide with the timetable of Greece’s international payment obligations. Hence, defining

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  9. Amid talk of post-election alliances, parties propose changes to bailout measures

    PoliticsGreek Politics

    chance” to solve Greece’s problems. The SYRIZA camp has shown no signs of softening its position... will have a complicated time in reaching agreement with Greece’s lenders. All five of PASOK’s demands

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  10. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    with the official estimates of the institutions overseeing Greece’s adjustment programme. In addition... nosedived by almost 60 percent, with the HFSF’s bank shareholding currently valued at just 3 billion. In its latest debt sustainability analysis (DSA) that accompanied Greece’s third bailout programme

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