Agora
Posts in Greece
Alexis's choice
Alexis Tsipras seems to have chosen his path. Whether he will manage to reach the end of it is another matter, but the prime minister’s decision to shake up Greece’s negotiating team and to issue a common statement with European Commission President Jean-Claude Juncker last week made it clear that he prefers the option of agreeing with lenders rather than being left in limbo, or worse.
Contributor: Nick Malkoutzis
Categories: Politics (387), Greece (498)
Where has the money withdrawn from Greek banks gone?
Since December, the Greek banking system has been suffering from extended deposit outflows, which reached 26.8 billion euros at the end of March. Almost 90 percent of these withdrawals stemmed from time deposits, while only around 600 million euros was taken from savings accounts.
Contributor: Manos Giakoumis
Categories: Economy (331), Greece (498)
Greek DSA: Don't Say Anything about the debt
The decision by the International Monetary Fund’s Poul Thomsen to raise the issue of Greece’s debt sustainability at the recent Eurogroup in Riga, as reported in the Financial Times, felt like the moment that the adults returned to the room.
Contributor: Yiannis Mouzakis
Categories: Europe (282), Politics (387), Economy (331), Greece (498)
This is how Greece kept its budget on track in Q1
Recent Greek budget data showed the huge revenue gap of 968 million euros recorded in January narrowed to 389 million by the end of the first quarter (Q1) of 2015. At the same time, primary expenditure, which was just 53 million better than target in January, displayed a strong outperformance of 1.18 billion by the end of March.
Contributor: Manos Giakoumis
Categories: Economy (331), Greece (498)
China-Greece: One belt, one road?
As negotiations between the Greek authorities and the renamed “institutions” labour on, Greek media outlets reported in recent days that the government in Athens was close to receiving substantial liquidity injections from Russian and Chinese sources.
Contributor: Jens Bastian
Categories: Economy (331), Greece (498)