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The one question SYRIZA needs to answer
Agorafrom the EFSF, around 2 billion euros of SMP profits and 3.5 billion euros from the IMF. The fact... wages, pensions and state operations. The primary surplus for 2014 is expected to be just over 3
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Snap elections in Greece bring state's liquidity constraints into focus
Economyas an additional amount of nearly 2 billion expected from SMP profits. These total 7.3 billion euros. Under.... These reserves stand at 3 billion euros, of which at least 1.5 billion have been used so far, according
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Samaras sets out New Democracy's plans for growth
EconomyFollowing the presentation of SYRIZA’s updated economic policies on January 3, Prime Minister and New Democracy (ND) leader Antonis Samaras outlined his party’s programme for “Growth and Reforms... property with an estimated total cost of 2 billion euros. ENFIA was introduced last summer replacing
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Funding needs take centre stage in row between New Democracy and SYRIZA
Economybailout tranche of 1.8 billion by the EFSF, 3.5 billion by the IMF and around 2 billion from SMP... media have reported that deposit outflows accelerated in the second half of December, reaching 3
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What next Greece?
AgoraIt is easier to write down big questions on Greece’s future; harder to answer them: (1) Will Syriza win with an overall majority? (2) Will a new programme be agreed in time? (3) To what extent will it stay on track? (4) How much additional debt relief and financing will the Troika give to Greece
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Pressing economic tasks mounting up for next Greek government
EconomyProgrammebillion. Kathimerini daily noted that extraordinary T-Bill issues of 1.5–2 billion may be required... over 3- and 6-month T-Bills of 7 billion in the coming two months, 2.4 billion in February and 4.6
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Moody's explains why it sees SYRIZA win as credit negative
Economytakeaways from the report include: 1) New coalition government will likely challenge troika stance 2) Election outcome further complicates the country’s refinancing challenges 3) Political and financial
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First signs from new Greek government point to awkward meetings with lenders
EconomyProgrammestake in PPC capacity and client base (small PPC). 2) The sale of a 66 percent share... in May 2014 and the process was expected to be completed in 2015. 3) Sale of a 17 percent stake in PPC
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Parliament's budget office warns government to move quickly
EconomyMacroeconomyoutlined a set of objectives for the upcoming negotiations: 1) Greece to remain in the eurozone 2) Agreement for modifications and implementation of the current adjustment programme 3) Agreement
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Greece and lenders with conceptual, as well as practical, gaps to bridge
PoliticsGreek Politics. These are: 1) Negotiating directly with European institutions and the International Monetary Fund 2) Not accepting any more bailout loans 3) Reducing Greece’s debt pile 4) Lowering fiscal targets 5
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