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Government scrambles to ease household pressure as PM targets PASOK and ELAS for “freebie politics”
PoliticsGreek Politicssensitivity is at its peak. Mitsotakis has also promised that the recent fall in global oil prices... income and the cost of living. The findings are unambiguous. Asked to compare their economic
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Newsletter 45 - 02/10/2015
, the highest drop for two years, after a 1.7 percent decline in June. The fall is mainly due to the imposition... significant funding, as Tsipras indicated in his comments to the Wall Street Journal. The European Union... borders. It increased the emergency funding for the migration crisis by 73 million euros
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingfall in as many quarters. In the small business loans sector, NPE formation stood at -55 million... at 1.96 Balance Sheet Eurosystem funding declined by 2.9 billion euros QoQ to 7.1 billion in March... (ELA) funding in particular fell to 3.9 billion in March from 7.9 billion in December as a result
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EU deal appears promising for Greece, but success rides on efficient use of funds
PoliticsGreek Politicspossible deal. However, these criticisms are likely to fall by the wayside unless complications... was a reduction in funding for some EU programmes, such as the Horizon Europe scheme for research... is in the proposal and what projects Greece might propose for funding. All national plans will have to focus
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Stock taking: Where is the Greek economy now?
Agora(which has incurred reforms and saw its wages fall)? We hope that we are simply mistaken about... of the largest recipients of this new funding facility, with over 30 billion euros in potential grants... of funding away from the public sector to the (private) capitalized systems. This creates an important
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Fear and loathing in Athens: an ex-minister's take on troika reviews
PoliticsGreek Politics, employing more than 700,000 people, but that this number is on course to fall below 550,000 by 2015... or implement measures at the last minute to obtain its lenders’ approval and further funding. Now, ex... of further bailout funding. “That’s when I understood that the troika had taken a tougher line
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Where did all the money go?
Agoraof ongoing political instability, fiscal crises, troika fall outs and economic uncertainty... allocation to the Greek state’s operating needs was just 11 percent of the total funding, at circa 27..., to the tune of 2.3 billion euros. The breakdown of how the programme funding was allocated clearly
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Newsletter 28 - 29/05/2015
Statistical Authority (ELSTAT). The fall in the first quarter was the second successive monthly decline... in funding that it is contributing to the remaining 7.2 in bailout instalments. Labour market reform... austerity in return for 7.2 billion euros of funding and the current parliament approving the content
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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammeprobably fall short of target for the second straight month creating an additional funding issue..., citing funding issues that arose due to the capital controls. This is mainly attributed to revenues
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Shaping the post-programme narrative in Greece
Agorain Germany in the autumn. From the Greek government’s perspective, the short-term debt relief proposals fall... contributed roughly 28 billion euros of creditor finance, thereby exceeding Greece’s allocated funding... and matched funding. The proposed bond exchanges and interest rate swaps imply additional costs
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