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  1. Between heaven and hell
    Photo by Can Esenbel

    Agora

    they will be queuing instead for the humanitarian aid that European Council President Donald Tusk said the EU... of the boat, Greeks are clinging to the words of Greek and European leaders in the hope... hours later, their hopes plummeted to a new low as European Commission President Jean-Claude Juncker

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  2. IMF urges substantial debt relief for Greece

    EconomyProgramme

    will be needed. If European lenders prefer to provide again a maturity extension there would have to be a dramatic extension with a grace period of 30 years on the entire stock of European debt... rates close to the current European loan rate before debt has been brought to much lower levels

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  3. 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 Greece in one instalment to be used to repay the short-term loan Greece received from the European

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  4. ECB increases ELA limit for Greek banks in first positive signal since referendum
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    Economy

    During a regular press conference on Thursday, European Central Bank President Mario Draghi.... This was prompted by the Eurogroup’s decision to grant in principle a 3-year European Stability Mechanism... understanding is that would be enabled by the 7-billion bridge financing that the European Commission

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  5. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    ’s request for a three-year loan from the European Stability Mechanism (ESM) compiled by the European.... It is unlikely that this amount can be secured from the private sector so the European Commission

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  6. Bank recap and NPL management create conundrum in bailout talks
    Photo by MacroPolis

    Economy

    assessment will be conducted by the European Central Bank’s Single Supervisory Mechanism (SSM) to determine... in a segregated account at the European Stability Mechanism (ESM). The comprehensive assessment... to the European Banking Authority’s (EBA) wider definition of non-performing exposure (NPE

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  7. Economic situation biggest worry for Greeks, latest Eurobarometer shows
    Photo by MacroPolis

    Society

    Greeks, along with the Portuguese, are the only peoples in the European Union who do not mention... of a biannual survey from the European Commission. The latest issue of the Standard Eurobarometer poll... what kind of image the European Union conjured up, 37 percent of Greeks said it was negative, way

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  8. Newsletter 39 - 21/08/2015

    Newsletters

    the support of the country’s mainstream media and key European officials, they only managed to convince some... no longer carries value and their ideas hold little sway. The European Parliament elections of May 2014... to be more European or reformist than SYRIZA, as they did ahead of the July 5 referendum, because

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  9. Tsipras and the binary opposition
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    media and key European officials, they only managed to convince some 38 percent of Greeks to back... hold little sway. The European Parliament elections of May 2014 marked a watershed in this respect... that they also supported the agreement. They cannot claim to be more European or reformist than SYRIZA

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  10. Greek bank recapitalisation: The story so far and what lies ahead
    Photo by MacroPolis

    Economy

    by the European Central Bank (ECB) for the first time – that will determine the capital needs of Greek banks... billion was used and the remaining 10 billion kept by the HFSF and returned to the European..., the European Commission estimates (under its optimistic scenario) that bank the privatisation would result

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