MacroPolis

Greece secures next bailout tranche, moves towards deal with lenders

Greece and its lenders appeared on Thursday to be on the way to an agreement that would provide Athens with its next bailout tranche and little more clarity on debt relief, but not the level of detail that Athens had hoped over the past few months.

Athens ties up prior actions, IMF hints at programme role

Government MPs were due to vote on Thursday afternoon a series of last-minute amendments aimed at ensuring that Greece has completed all 140 of its prior actions ahead of Thursday’s Eurogroup.

Greece eyes higher growth as possible catalyst for Eurogroup deal

In an apparent change of direction, the Greek government appears to have pinned its hopes for an agreement with creditors at the June 15 Eurogroup on the possibility of the country’s growth projections being revised upwards and this feeding into the debt relief measures that will be needed.

SYRIZA holds fire as Eurogroup expectations continue to be lowered

A meeting of SYRIZA’s political secretariat on Tuesday resulted in the party reaffirming the government’s insistence that it will not implement the fiscal measures lined up for 2019 and 2020 if the International Monetary Fund does not join the Greek programme with funding.

Tsipras readjusts expectations for crucial Eurogroup

The Greek government’s expectations ahead of the June 15 Eurogroup remain the subject of much speculation following the latest comments by Prime Minister Alexis Tsipras.

Tsipras in tight spot over debt deal but QE access may hold key to compromise

The Greek government seems intent on trying to forge a better deal with its lenders than the one proposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding the key to an agreement at the next gathering of eurozone finance ministers on June 15.

IMF hints at flexibility as debt relief talks continue

The terrorist attack on former Prime Minister Lucas Papademos in Athens on Thursday drew attention away from Monday’s Eurogroup, but discussions continue in the background.

Tsipras gives mixed message on expectations for crucial upcoming Eurogroup

Prime Minister Alexis Tsipras gave mixed messages on Wednesday about what kind of proposal he might accept at the June 15 Eurogroup.

Debt deal eludes Greece and lenders, June 15 set as final deadline

Monday’s Eurogroup ended without an agreement on debt relief for Greece, with a possible decision being put back to the next gathering of eurozone finance ministers on June 15.

Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets

By: Manos Giakoumis

The approval by Parliament next week of the measures agreed by the government and the lenders could be a trigger for several positive developments, including a return to international bond markets for Greece.