Search
-
Kammenos walks out on coalition, triggers confidence vote that will affect timing of elections
PoliticsGreek PoliticsTsipras can reach the 151 out of 300 MPs he needs for a parliamentary majority. SYRIZA has 145 MPs... of To Potami’s six MPs, Spyros Danellis, who has suggested that he will back the government even though... involved in such a process but Kammenos has already made it clear how he intends to campaign
3% -
Lenders put spotlight back on pending reforms ahead of second post-MoU review
EconomyProgramme. He said that only if the lenders are satisfied Greece has accomplished these tasks will about 700... also showed that in certain outstanding actions, progress has not been made. For example... has suffered significant delays with no appointment completed until the time of the report’s
3% -
To Potami expected to provide clinching votes in vote on name deal
PoliticsGreek Politicsthe deal. SYRIZA has 145 lawmakers but is also counting on the votes of former Independent Greeks...-left lawmakers that favours the deal. Also, there has been much speculation about what stance George... of elections, providing Tsipras the chance to convince voters that it has no future
3% -
Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammerelated to the post-bailout commitments the government has to complete. The European Commission is due... pressure to show progress on a number of fronts. One of the key issues that has to be resolved is what... seems to be that SYRIZA has suggested a three-step process for addressing non-performing mortgages
3% -
Banks and government inching towards new framework to protect primary homes
EconomyProgrammeindicated that all those involved agreed that there has to be an agreement in the coming days..., the idea of a horizontal haircut for non-performing mortgages has been dropped. Instead, the scheme... homeowners have to repay each month. It has set aside 150 million euros this year for this purpose
3% -
EU officials suggest frantic days ahead for Athens until March 11 Eurogroup
EconomyProgrammeon February 27 “is likely to say that Greece has not completed the agreed reforms.” The unnamed official... the courts hear the cases in question. APS The Finance Ministry has also sent another proposal to Brussels...’ balance sheets. This has to do with the scheme that was put together by the Hellenic Financial
3% -
Athens adjusts foreclosure framework, waits for lenders to give green light
EconomyProgramme. The draft law, which has been sent or will be sent this weekend to the institutions, also requires a sign... that Greece has not yet fulfilled all its pledges. But he expressed confidence that the outstanding... result on the 27th is that they'll have a report that says Greece has done an awful lot of work,” he
3% -
Bad news
Agoraand Innuendo’ to make mistakes: Screwing up has been integral to the reporting of timely news... that the 3.5 percent of GDP primary surplus target that his government has agreed with Greece’s creditors... and has caused confusion with his comments in the past. His English, though, is usually very sharp
3% -
Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek PoliticsThe issue of Greece’s primary surplus targets has come back into the country’s political debate... overperformance, rather than redistributing it, as the current government has done over the past... cuts but by also taking into consideration that the budget has overperformed over the past years
3% -
Greece attracts strong interest and yield below 4 pct for first 10-year bond since 2010
EconomyThe positive sentiment around Greek sovereign debt, which has been evident since the turn.... The yield of the previous such issue in March 2010 was 6.3 percent. Greece has not seen yields of below... of its annual issuance target and has a substantial amount of new cash to be added to its cash buffer
3%