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Quo vadis Germany? Sunday's elections leave many questions in need of answers
Agoracoalition is achieved – before Christmas – as many observers emphasised, it will have to be one which... mark a watershed moment for German politics. The 16 years of Angela Merkel’s residency in Berlin’s
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Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
EconomyGreek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the Eur...
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First Greek presidential vote to set tempo for final ballot on Dec 29
PoliticsGreek PoliticsThe first round of the presidential ballot on Wednesday evening (7 p.m. Greek time) is unlikely to provide any clear indications about whether the current Greek Parliament will manage to elect a new head of state by the final vote on December 29. The go...
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Varoufakis outlines contours of debt deal as haircut set aside
PoliticsGreek PoliticsThe outlines of what the new Greek government is aiming to ask of its eurozone partners in terms of debt relief emerged on Monday evening, when Finance Minister Yanis Varoufakis spoke to the Financial Times after meeting with British Chancellor George O...
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SYRIZA buffeting continues as parties get set for official start of election race
PoliticsGreek PoliticsAll the indications are that Greece will appoint a caretaker prime minister on Friday, paving the way for elections to be held, most probably on September 20. Popular Unity leader Panayiotis Lafazanis is expected to hand back the exploratory mandate on ...
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammeThe updated supplemental memorandum of understanding (sMoU), which was drafted following a technical agreement between Greece and its lenders, was leaked in German newspaer Handelsblatt on Monday evening. The 53-page document dated May 2 is broadly simi...
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Debt deal eludes Greece and lenders, June 15 set as final deadline
PoliticsGreek PoliticsMonday’s Eurogroup ended without an agreement on debt relief for Greece, with a possible decision being put back to the next gathering of eurozone finance ministers on June 15. Eurogroup chief Jeroen Dijsselbloem attempted to inject some optimism into t...
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Athens set to profit from falling borrowing costs as yields drop ahead of review completion
EconomyFeaturesGreek borrowing costs have dropped significantly as the country nears the completion of what is meant to be its final adjustment programme. Greece’s yields started de-escalating in June 2017 following much volatility in the first half of the year as the...
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Name deal uncertainty set to continue despite ANEL attempt to clarify stance
PoliticsGreek PoliticsThe Macedonia name issue continues to dominate the domestic political agenda even thought SYRIZA’s junior coalition partner, Independent Greeks (ANEL), claimed on Tuesday that they have no intention of bringing down the government over this matter. Defe...
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Tsipras set to secure support for name deal after delay to vote
PoliticsGreek PoliticsThe vote on the Prespes Agreement is due to take place at around 14.30 on Friday after extra time was allowed on Thursday because of the high number of MPs who had asked to speak during the debate. Prime Minister Alexis Tsipras and New Democracy leader ...
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