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Newsletter 501 - 03/04/2026
for a €300 million emergency fiscal intervention. The closure of the Strait of Hormuz on 2 March 2026... and points to favourable assessments in European Commission rule‑of‑law reports. But the re‑emergence
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Government faces renewed cover-up claims over OPEKEPE and surveillance scandals
PoliticsGreek Politicsan emergency EU summit on Turkish threats, warning that Greece cannot remain passive while Turkey... by an Athens court was prompted by the emergence of new evidence, but was declined by Tzavellas
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Athens alarmed by renewed Turkish airspace violations amid maritime tensions
PoliticsForeign Policyand regional resilience, emphasising emergency responses, civil preparedness and enhanced defence...Athens is closely monitoring what it sees as a potentially significant shift in Turkish behaviour after the re‑emergence of violations of Greek airspace by armed Turkish fighter jets
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Cyprus in 2014: Looking ahead
AgoraEuropean protestations to the contrary. The Cyprus financial system is still in the emergency room... Emergency Liquidity Assistance (ELA) due to the decision to sell the assets of all Cypriot banks
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Supreme Court ruling casts doubt over property tax revenues
PoliticsGreek Politicswas made public on Friday, deems that the emergency property tax introduced in 2011 and levied through... of State, which last year deemed the emergency tax to be legal but said it was unconstitutional
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Greece sizes up task of restructuring corporate debt
Economy, experience from other countries showed that specific emergency actions were needed to cope with special cases... require the creation of specific emergency institutions to carry out their task over a limited
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomythe emergency levy on homes introduced in autumn 2011, which was paid via electricity bills. The government lobbied the troika persistently to get the unpopular emergency tax incorporated into a general
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‘We’re dying to pay our taxes’
Agoraa heart attack. Although his fellow customers and the emergency services did what they could, he... – collectively known as the troika – were called in, imposing austerity in return for emergency loans
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomyof the retrospective increase in the salaries of armed forces and emergency services (414.7 million... reflecting the increased wages to armed forces and emergency services. In contrast, social security
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2014 is not 2012
Agorafor different reasons and their banks resorted to the Emergency Liquidity Assistance, the famous ELA... was from the ELA, the emergency assistance that became available to them from August 2011, a month
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