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Greece to pay IMF but concluding negotiations will be a tougher task
PoliticsGreek Politicswith the institutions. According to Public Issue, there was a 5 percentage point rise in support for the government’s actions between February and March. This is not reflected in other opinion polls, which show support... will hold back on non-payroll costs, as it has done in previous months. Kathimerini newspaper
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Parliament starts process of probing Greek debt and MoUs - further division likely
PoliticsGreek Politicssupport, is the factor to watch most over the next few weeks. As we wrote a few days ago... few weeks. Instead, the panels’ work is likely to harden the support for the coalition being... of the policies followed over the previous years and how Greece’s debt was formed. Following another bad
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Newsletter 28 - 29/05/2015
to: Will SYRIZA MPs support the deal? The problem is that the sui generis nature of the leftist party... drew support from elsewhere in Sunday’s vote. This interpretation, coupled with Lafazanis’s defiant... onshore may submit modified tax declarations for the previous years and their additional income would
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The main political scenarios ahead for Greece should it reach a deal with lenders
PoliticsGreek Politicsthan the previous one led by Samaras. This should be enough to support one of Kammenos’s main arguments against the previous administration, which is that it did not negotiate hard enough. The problem.... If there is popular support for the agreement, the rebels would be faced with the choice of either
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The key points in Greece's new bank recap bill
EconomyFinancial Stability Fund (HFSF) for capital support up to the amount that is determined by the Bank... securities into common shares. 4) HFSF may provide capital support in the form of common shares... of CoCos issuance by the banks as well as the terms of their conversion. In the previous recapitalisation
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomymovement in November results from a drop in the bank support scheme and Emergency Liquidity... guarantees of 51.2 billion euros and bank support guarantees of 47.8 billion. The remaining guarantees... evident in the previous months, the fiscal improvement primarily reflects a notable increase
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Discontent in SYRIZA simmers as Tsipras seeks to conclude talks with creditors
PoliticsGreek Politicsthe bailout talks and indicate that the faction’s support for Tsipras should not be taken for granted... poll for Sunday’s To Vima put the conservatives on projected support of 31.4 percent versus 27 percent... than the two previous loan agreements but argue that the policies are still far detached from
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Newsletter 71 - 22/04/2016
a deficit of 3.4 percent of GDP. Stripping out the impact of state support to financial institutions, which... the cloak of tacit public support gained by their leftist-populist mantras, but this opens a debate.... The conservative chief had already shown his credentials in previous weeks when he expelled two
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Newsletter 86 - 26/08/2016
and an increase in repos by 1.07 billion. As a result, Financial Support Mechanism (FSM) loans climbed... to former prime minister Kostas Karamanlis, who oversaw the fiscal derailment in 2009, support the idea.... Apartment prices fell by 2.7 percent in Q2, following a drop of 4.7 percent recorded in the previous
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General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln
EconomyMacroeconomyin bank support guarantees by 5.22 billion to 9.03 billion only partly offset by a modest rise... support guarantees reached 54.56 billion euros in July, making up almost 80 percent of the total... in the previous month. It should be pointed out that in the July budget execution bulletin, MoF noted it paid
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