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  1. Ladies and gentlemen, please fasten your seat belts
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    “take off” in September. We are now nearing the end of October and there has been no departure... surplus at the end of the year would be enough to ward off any demands for more cuts from the troika... at a Eurogroup meeting last November, will be put off until after May’s European Parliament elections

    4%
  2. EC sticks with 0.6 pct growth for Greece in 2014 but also sees C/A deficit
    Photo by MacroPolis

    Economy

    (gg) deficit is expected at 13.1 percent in 2013 including one-off costs related to bank recapitalization (11 percent of GDP), according to the EC. Excluding this one-off item, we see the gg deficit... anticipates the gg primary deficit at 8.8 percent of GDP in 2013. Excluding the one-off bank recap

    4%
  3. A factional story: When disunity came to visit New Democracy
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    paid off so far, preying just enough on the doubt of wavering voters who feel they cannot make... of forces on Greece’s right. However, in its bid to stave off Tsipras and Co. New Democracy may end up... begins to seem like an increasing liability. In its despairing effort to block off SYRIZA and win back

    4%
  4. How Samaras backed himself and Greece into a corner over bailout exit
    Photo by MacroPolis

    Agora

    billion euros in loans from the International Monetary Fund due in 2015 and 2016, casting off... was getting ahead of itself. Just days after Samaras unveiled his vision for rounding off the year... this is a plan that leaves Greece better off. Then again, though, perhaps it is just a plan to save

    4%
  5. Between the sword and the olive branch: Dilemmas of Greek diplomacy
    Photo by MacroPolis

    Agora

    . There is a danger that the discovery of hydrocarbons off Cyprus, which was seen by many as a potentially... besieged Kobane, the Europeans and Americans cannot afford to write him off. The volatility sweeping..., nicknamed Ak Saray (White Palace). As the western powers stand off, Erdogan gathers more power in his hands

    4%
  6. How snap elections in Greece fit into Samaras's strategy
    Photo by MacroPolis

    Agora

    attempts to put off the inevitable. There was never a convincing case that the coalition’s... percentage points that is in the minds of those strategists who believe that Samaras might be better off... indicating that the government wrote off the possibility of electing a president, the decision to rehire

    4%
  7. What next Greece?
    Photo by MacroPolis

    Agora

    , and in what circumstances? (5) If and when the wheels come off the programme, is an exit inevitable... programme has always been a “risk-materialisation” away from going off-track. The three main... negotiates a new programme, which goes off track; New Democracy win early elections and avert an exit. I

    4%
  8. Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    ). It should be noted though that last year’s figure included one-off revenues of 1.31 billion related...-off revenue of 556 million related to fees Greek banks paid to the Hellenic Financial Stability... to 16.29 billion. Excluding the one-off items from periods, the adjusted figures show a more moderate

    4%
  9. Between Scylla and Charybdis
    Photo by MacroPolis

    Agora

    , even in the optimistic scenario that a No vote on Sunday will kick off a period of negotiations... impact on the Greek economy, hitting budget revenues hard and throwing the overall budget off track... which they don’t have and will be effectively be cut off from any access to euros. As I have argued

    4%
  10. Cash primary surplus reaches 1.3 bln at end of June on lower expenditure

    EconomyMacroeconomy

    of preference shares by Alpha and Piraeus. Similarly, this year’s figure incorporates one-off revenue... one-off items from both years, we get an adjusted primary cash surplus of 747 million for the first... cash revenues fell by 12.8 percent to 19.11 billion. Excluding the one-off items from both periods

    4%