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Waiting for Godot in Greece
Agoraof chemistry? Or are the differences of opinion on key policy matters so deep that they cannot be resolved... their own conclusions. One key indicator is international bond market reactions to this impasse. Much
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyin the corresponding period last year. All key gg entities continued posting a primary cash surplus... The stock of gross debt remained almost flat MoM and YtD at 321.22 billion. The YtD movement of its key
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Newsletter 6 - 5/12/2014
Greece mulls extension Three scenarios emerge regarding duration and form of bailout prolongation Following an exchange of emails without any sign of an imminent agreement with the troika on the key... be taken in January after the approval of the programme extension this month. Another key issue
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyto the performance of the preceding two months, when ENFA revenues totalled 1.2 billion. The key worrying factor... the key contributor to the budget outperformance. Following a negative PIB balance in the preceding
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Conditions for Greek ECCL reportedly outlined in German document
EconomyProgrammethe key terms of the Enhanced Conditions Credit Line (ECCL) that would follow the completion... been fulfilled. The German document outlines the key conditions for the ECCL: 1) Elimination of any
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Newsletter 8 - 19/12/2014
calm for now Situation may change if general election follows December 29 vote One of the key concerns... with the active support of the EU and key players within it. This does nothing to convince an increasingly
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Newsletter 9 - 30/12/2014
they would adopt and implement completely different policies on the key issues of debt and negotiations... hoped that the achievement of a primary surplus in 2013 would be the key catalyst triggering
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What is SYRIZA's stance on negotiations with the eurozone?
EconomyProgrammeThe key themes of SYRIZA’s economic policy involve asking for a write-οff of nominal debt, a renegotiation of loan terms with the troika and the implementation of the 3-pillar programme initially... and was perceived by the troika as the key obstacle for the completion of the last long-lasting review
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
EconomySYRIZA leader Alexis Tsipras presented at the party’s congress last Saturday its updated economic platform with the key topics being: a) official request for write-off of nominal debt, b... impact of the recession and austerity measures. Its cost is estimated at 1.86 billion euros. The key
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Funding needs take centre stage in row between New Democracy and SYRIZA
EconomyOne of the key topics in the agenda of two main Greek political parties’ ahead of January 25 snap elections is the issue of Greece’s funding needs by the end of March and the way they would.... The key question lies with SYRIZA claiming that it would ask for a renegotiation with lenders
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