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S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015
Economygovernment issuing IOUs to pay employees, pensioners and suppliers. These IOUs could circulate
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Newsletter 23 - 17/04/2015
to suppliers. By the end of March, the coalition’s primary expenditure was 1.2 billion euros below the budget
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Greece is gasping for a deal
Agoraon payments to suppliers. By the end of March, the coalition’s primary expenditure was 1.2 billion euros
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Lack of liquidity, political cost push Greek gov't to seek swift deal with lenders
PoliticsGreek Politicsor pensions (rather than lenders or suppliers) might not be paid. A couple of hours later, Mardas claimed
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Newsletter 25 - 08/05/2015
arrears to suppliers and vendors, it provides short-term cash relief for the government
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Growing scepticism of SYRIZA strategy but opposition parties fail to profit
PoliticsGreek Politicsgovernment cash reserves and the delay in payments to suppliers) and the continuing deposit outflow
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Newsletter 33 - 03/07/2015
is unlikely to en masse favour being part of a national emergency government. The other possibility... by domestic suppliers, public institutions and foreign companies. If we needed to understand how almost
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An impossible choice
Agoramode of payment accepted by domestic suppliers, public institutions and foreign companies. If we needed
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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
Economyhalf of them used e-banking for their transactions with customers and suppliers, while 70 percent
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomymillion corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also
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