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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammethe European Central Bank lift the 15-billion-euro limit on T-Bill issues, allowing the government to avoid... Stability Facility (EFSF), 1.9 billion from the European Central Bank’s SMP profits and possibly
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Drop in building permits accelerates to 7.1 pct in Jan
EconomyMacroeconomyin permits was posted in the Peloponnese (-33.6 percent) followed by Central Greece (-15.7 percent) and Central Macedonia (-12.8 percent). On the flipside, West Macedonia recorded the sharpest
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Will Tsipras move to centre stage to secure deal with lenders?
PoliticsGreek Politicsparty and recent votes for the party’s central committee and political secretariat have not left him... or in June. There is no doubt, though, that if Tsipras does not take a central role in convincing his party
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammeThere has been no official response from the Greek coalition to the European Central Bank (ECB) publishing on April 10 its opinion on the draft law on the suspension of primary residence foreclosures... debtors in real need.” As a result, the central bank believes they create moral hazard and undermine
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ELSTAT sees 2014 primary surplus at 0.4 pct of GDP, debt at 177.1 pct
EconomyMacroeconomyin 2014, stemming from a central government deficit of 7.84 billion partially offset by surpluses... by more than 7 billion compared to the central government debt of 324.13 billion published two months
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Greece eyes temporary solution to liquidity problem from Brussels Group talks
PoliticsGreek Politicsthe European Commission, European Central Bank, European Stability Mechanism and the International Monetary... Journal reported on Thursday that ECB executive board member Benoit Coeure has indicated the central
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Greece expects no surprises from ECB despite questioning chances of deal
PoliticsGreek PoliticsThe Greek government appears confident that a meeting of the European Central Bank’s governing council today will not result in a greater haircut being applied to the collateral provided by Greek... so the central bank should not take any measures that would limit Greek banks’ liquidity
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Newsletter 25 - 08/05/2015
and 3.2 billion, respectively, held by the ECB and national central banks. Even if the government... the European Central Bank does not make any moves that would stifle the flow of further liquidity
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Eurogroup leaves Greece in limbo, with liquidity drying up
PoliticsGreek PoliticsMonday’s Eurogroup produced a lukewarm statement on the state of Greece’s negotiations with its lenders that Athens hopes will be enough to avert any decision from the European Central Bank... liquidity or to start easing the limits that are in place. All the indications are that the central bank
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SYRIZA strife not a rebellion in the making yet
PoliticsGreek Politicssecretariat and the central committee to have a say in government policy. The principles of plurality... that the institutions water down some of their demands and that the European Central Bank looks upon Greece’s
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