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  1. Tsipras makes unpopular choice for president, with eye on political balance
    Photo by MacroPolis

    PoliticsGreek Politics

    In a somewhat controversial choice, Prime Minister Alexis Tsipras chose former Interior Minister Prokopis Pavlopoulos as his party's presidential candidate yesterday. There was a mixed reaction in SYRIZA's parliamentary group when Pavlopoulos, a New Dem...

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  2. Tsipras makes his point in Moscow but leaves with nothing tangible
    Photo by Vicente Villamón via Flickr https://flic.kr/p/6MoX4Y

    PoliticsGreek Politics

    The meeting between Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin in Moscow on Wednesday failed to produce the kind of developments that would put relations between their two countries on a different footing. Tsipras’s visit w...

    7%

  3. Greece makes new proposals in search for deal acceptable to lenders and MPs

    PoliticsGreek Politics

    Greece submitted some updated proposals to its lenders on Tuesday in the hope of breaking an impasse in bailout talks ahead of a planned meeting between Prime Minister Alexis Tsipras and other European leaders on Wednesday. Although unnamed European Uni...

    7%

  4. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    The European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM). The document showed that due to the strong deterioration of Greece’s economic and fina...

    7%

  5. Tsipras makes move to trigger swift elections but opposition stands in way
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Alexis Tsipras resigned on Thursday night to pave the way for snap elections but the opposition parties indicated that they would do their utmost to ensure that he does not have things his way. In a televised speech, Tsipras claimed that the mandate he ...

    7%

  6. Alpha makes 1.09 bln bond swap offer to boost capital
    Photo by MacroPolis

    EconomyBanking

    Following Piraeus Bank a few days ago, Alpha Bank announced on Wednesday a voluntary exchange of 1.09 billion euros (nominal value) outstanding bonds. The offer involves 985 million euros in senior debt, 70 million subordinated debt and 31 million hybri...

    7%

  7. Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
    Photo by MacroPolis

    EconomyBanking

    Eurobank became on Thursday the third Greek bank to announce a Liability Management Exercise (LME) involving a voluntary exchange offer for a total nominal value of 877 million euros in outstanding bank bonds. The offer relates to 532 million senior bon...

    7%

  8. Beleaguered coalition makes quick attempt to dampen offshore controversy
    Photo by MacroPolis

    PoliticsGreek Politics

    Following an all-round negative reaction to a provision that appeared to relax the restrictions on politicians and public officials being involved in offshore firms, the government attempted on Wednesday to restore the damage done to its reputation by m...

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  9. Greece's 2009 deficit makes for a good conspiracy; shame about the numbers

    Agora

    I believed that the issue of Greece’s 2009 deficit was definitely settled last year when Andreas Georgiou, the former head of ELSTAT, was cleared in court of allegations that he purposefully inflated Greece’s 2009 deficit figures in order to lead the co...

    7%

  10. Tsipras makes end-year debt deal government's top priority
    SYRIZA

    PoliticsGreek Politics

    Alexis Tsipras launched SYRIZA’s four-day congress with a relatively low-key speech on Thursday that contained three key messages. The main takeaway from the prime minister’s address was his comment regarding the upcoming review. Tsipras suggested it wo...

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