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Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote
PoliticsGreek PoliticsSYRIZA but also as a potential pool of support that could give the new party higher ratings than... rebellion than in previous bailout-related votes last month should be expected. It is likely... the parliamentary committees began debating the third bailout on Thursday, rather than Wednesday as Prime
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Tsipras bides his time on confidence vote, weighs up options
PoliticsGreek Politicsthan 120 of the 300 lawmakers to back him. The government has 162 MPs but the prospect of Tsipras getting more than 150 votes seems slim as this would involve many of the 44 deputies who failed... Tsipras. Options However, the question is whether Tsipras will accept a result that gives him less than
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Newsletter 40 - 28/08/2015
it through more than a few months. The key numbers involved in a bail-in Senior debt bondholders... fell further to 120.83 billion, which is the lowest reading in more than 12 years. Since last December, total outflows reached 44.42 billion euros, more than 27 percent of the total deposits balance
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyimports (-4.9 percent) and broadly stable exports (+0.1 percent) more than offsetting the nosedive in investments by 10.6 percent. The released figure is 0.1 percentage points (pp) higher than the flash..., higher than the flash estimate of 1.4 percent, from an upward revised 0.6 percent in Q1. Due
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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomythan offsetting a revenue shortfall of 4.22 billion. Budget deficit also considerably narrowed by 61.2... to 24.72 billion, 2.8 billion better than target. The bulk of this outperformance was mainly created in 3 months (February, March and June), when expenses were 2.1 billion lower than target and coincided
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Tsipras is at his strongest, but for how long?
Agorabe preferable for them to implement the bailout rather than SYRIZA. Then there is the issue of Tsipras’s... on the more tangible aspects of yesterday’s victory. The margin of SYRIZA’s victory was bigger than... is 20 points lower than the proportion of voters who cast ballots in the 2004 elections. Also
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Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
EconomyMacroeconomy. As a result, the travel surplus rose at a higher pace than receipts, by 5.2 percent to 2.71 billion from 2.57... percent), to 11.97 million more than offsetting a decline in the average non-resident travel.... If confirmed, this would mean 2 million higher arrivals than last year’s figure of 24 million
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Greece near top of EU charts for proportion of population over 65 and 80
Societyend of the scale, Estonian women at 65 can expect to live 5.1 years longer than men of the same age...) and Hungary (17.3 point difference) were over 65s less likely than the rest of the population... generally less likely to be at risk of monetary poverty than for younger people, of which 25.1
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Newsletter 45 - 02/10/2015
than 15 November”. Although current estimates point to a lower level of official sector participation than the already disbursed first bank-related tranche of 10 billion, it is clear... into the party to freshen it up. However, Tzitzikostas, who at 37 is 10 years younger than Mitsotakis
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomya fiscal deterioration of more than 800 million year on year (YoY). The worsening performance mainly...) and by 152 million only in July to 753 million corresponding to more than 13 percent of total arrears... and make up more than 20 percent of total. The other three gg entities showed a modest increase
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