All hopes in the Eurogroup after the Draghi decisions
"Bad omen" for lenders' moods at Monday's upcoming Eurogroup, consider the government's refusal of the European Central Bank to open the "cannulas" of financing to our country. "At first they told us that…
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Brake from Draghi on the increase of the limit on interest rates
The exclusion of Greek bonds from the quantitative easing program, which officially starts on Monday 9 Of March, the president of the European Central Bank clarified today, Mario Draghi, speaking from Nicosia.
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Her… Mario Draghi threw the ball back to the Greek field
A clear message that the European Central Bank cannot do more to include Greek bonds in the quantitative easing program that officially starts on Monday was sent by the president of the central bank Mario…
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The “message” Draghi for the Greek stock market
Many may not have realized it but at the same time yesterday Mario Draghi was instructing the Greek government to "do the necessary" to secure an agreement with the lenders so that the ECB can open its taps on time…
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Cyprus: Draghi window for QE and ELA
Expectations for the possibility of participating in the ECB's quantitative easing program and for the conversion of the extraordinary liquidity of the Bank. Cyprus in long-term borrowing, gave the meeting of the president of Cyprus Nikos Anastasiadis with…
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M. Dragi: We will not give money to the Greek banks to …
The European Central Bank, from its statute, it cannot implement a monetary policy and therefore effectively offer money to banking groups, in order for them to buy government bonds, …
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Tax evasion of millions in SDOE audits
Incomes of millions were hidden from the tax authorities, freelancers and employees in the private and public sector, as it appears from the SDOE audits carried out in its first two months 2015.
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Bloomberg: Liquidity in Greece only for the next two …
The financial needs of Athens, including the IMF loan, they are only covered for the next two weeks, according to an official involved in the memorandum of understanding negotiations 240 di. euro and which…
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Schulz: The Greek government has little time
The Greek government must realize that it has little time to keep its commitments while at the same time, to formulate a long-term agreement that will reflect the vote of the Greek people, emphasized the president of the European…
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Dragi: ECB rules prohibit direct or indirect …
Purchases will total to 60 di. euros monthly – The ECB distributes the €1.14 trillion. of quantitative easing – From 9 March the bond market – It will last until September 2016. PUBLICATION: before 46′ | LAST UPDATE: before 2′.
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Category Archives: Economy
Economy: Varoufakis: There is a plan B if we don't get the dose
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Varoufakis: There is a plan B if we don't get the dose
The existence of plan B was revealed by Yanis Varoufakis, speaking on Wednesday evening at the Greek-French Chamber of Industry, while leaving open a "window" to request a new loan to meet the country's liquidity needs.
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Varoufakis: "There is an alternative, if we don't take the dose"
The government will not fight now above all else for a tranche from the troika, said the finance minister, Mr. C. Varoufakis from the floor of the Greek-French Chamber of Commerce and Industry last night, adding that “there is…
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Express setup: Paying the debt, are deleted …
With an amendment that is going to be included in the bill for dealing with the humanitarian crisis, the government is promoting regulation of overdue debts to be implemented by the end of March. This arrangement is independent of the bill…
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Asian markets are lower
Bearish trends dominate Asian markets, with investors reeling ahead of later-week US jobs data. Rise in India after surprise interest rate cut that…
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Credit Draghi for the Cypriot economy
The governor of the European Central Bank, Marios Draghi, praised the good course of implementation of the memorandum. In his opposition to the official dinner hosted tonight in his honor by the President of the Republic, the European Central…
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Pay and save: Haircut up to 100% of increments up to …
By Maria Bourgana. Express arrangement with strong incentives for public debtors activates the finance ministry in the coming days to flow "hot money" into public coffers until the end of March. Given that the new arrangement…
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Valavani "empties" Varoufakis for real estate tax, objective …
Alalum prevails in the government's economic staff for a series of critical issues that "burn" millions of Greeks. The creative… ambiguity has caused mutual denials within the Ministry of Finance with the deputy minister, …
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The government council is in session – Contact Tsipras …
A meeting of the government's economic policy council is underway at Megaros Maximos, with the subject of the Greek proposals for reforms, which will be submitted to next Monday's Eurogroup. Telephony…
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Resignation – bomb no. Zervo from PPC after the referral …
Bomb at PPC, amid the upheaval caused by employee raises, is caused by the decision of the Board of Appeals to impeach the president and CEO Arturos Zervos, for a felony. The reason is the illegals…
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Prime Minister and Minister of Finance, your suggestions are worse than hers …
Greece can give the world one (necessary) lesson, is the headline of a Forbes article signed by Steve Forbes, to which a letter to Prime Minister Al. Tsipras and the Minister of Finance G.
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Economy: WSJ: Greece's hopes for help from the eurozone are slim
WSJ: Greece's hopes for help from the eurozone are slim …
Greece faces a cash crunch in the coming weeks, with little hope for financial help soon from the rest of the eurozone, threatening to deal a serious blow to the country's fragile economy. As noted by…
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Dijsselbloem: The debate begins at Monday's Eurogroup
A first exchange of views on the state of the loan program for Greece will take place at next Monday's Eurogroup, according to what the president states in his briefing note to the Dutch Lower House…
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Satisfaction with financing from the EBRD
The government representative welcomed the decision of the European Bank for Reconstruction and Development with complete satisfaction (ERBD) to start funding to Greece to stimulate investments. In his statement, Mr.
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PPC: Folding after the commotion
PPC recently announced the rationalization of the provision of food, which after the outcry raised by the disclosure of the details of ESSE, επί της ουσίας την τροποποιεί πριν καν εφαρμοστεί. Όπως αναφέρει σχετική…
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Πόσο κοστίζει τελικά ένα σάντουιτς και ένας καφές για τους …
Unexpected "fires" were lit by the signing of the PPC Collective Labor Agreement, since the free provision of... a sandwich and a coffee was upgraded to a political issue and not only that. The opposition parties "raised" the issue with…
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Vice President GENOP PPC: We made an extension to the nursery, to …
"PPC's salary expenses have nothing to do with the state budget nor do they interfere with any fiscal gap or any problem the state has" he said speaking to "Parapolitika" 90,1 fm" the vice president…
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ICAP: The spring of hotels in Greece
Over €3 billion. the hotel market 2014 – Increase 12% in relation to 2013 – The sector's contribution to the national economy is significant. PUBLICATION: before 37′. ICAP: The spring of hotels in Greece…
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Commission: We do not process a third package to Greece
Work has not started on a third aid package for Greece and our only focus is on implementing what has been agreed to successfully complete the assessment, Pier Moscovici's spokeswoman assured…
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Here is the scandal with "GENOP TOURS" and the provocative ones …
War… has erupted among PPC unions over the "extortion" of height 1,3 from. euros to be paid by 18.000 workers in favor of GENOP and even mandatory through their three-year collective labor agreement.
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"Green light" from the European Bank for Reconstruction for …
The European Bank for Reconstruction and Development (EBRD) decided to provide little financial aid to Greece until its end 2020, as President Suma Chakrabarti announced at a press conference on Tuesday. The previous one…
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Economy: Maximus: The request to vote on the extension is not innocent
Maximus: The request to vote on the extension is not innocent – Nor …
Government circles are trying to explain the government's decision that the agreement on the four-month extension of the contract should come to the Parliament for discussion and not for voting. As they point out, this is not about signing a new loan agreement…
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POMIDA: Imposing measures to limit evictions is dangerous
The Panhellenic Federation of Property Owners characterizes it as dangerous and at the expense of society (POMIDA) the imposition of "restriction of evictions" measures in a letter addressed to Prime Minister Alexis Tsipras, its vice president…
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Attempt to downgrade the lenders-TAIPED appointment
The reactions caused within the government by the planned meeting of the officials of the former troika and current "institutions" with the TAIPED revealed by Capital.gr, leads the government to "fold" and possibly to…
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Dijsselbloem: Reform to get more money …
A first disbursement of money from the installment of 7,2 di. euro, remaining from the current aid program even in March "sees" the head of the Eurogroup Jeroen Dijsselbloem provided that Athens immediately adopts…
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Conference on Financial Libraries
Scientific conference on "The contribution of financial libraries to research and development" will be held on Friday 6 Of March 2015 at the Bank of Greece. The conference is organized by the Network of Financial Libraries (DI.O.VI.) …
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"If Greece leaves the euro, it will return to… neolithic era!»
"Returning to the drachma is not a solution. By no means!" he declared and explained that "if Greece leaves the eurozone, we will go back ... to the neolithic era". This phrase was used by G. Varoufakis to reject any exit scenario…
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Varoufakis: "Greece will be consistent in repaying the …
With a file with six reforms proposed by Greece, will move next Monday to the Eurogroup, the finance minister, Yanis Varoufakis. Based on these suggestions, there will be a discussion in the Council about which ones…
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Increases 8%-10% in the new PPC collective agreement
The new SSE is a challenge for society as a whole, which undertakes not to proceed with any dismissal of an employee for economic and technical reasons – Pacifier: Incredible challenge Mr. Tsipras! Salary increase of his class 8 to 10% includes the new…
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Dijsselbloem on the background of the talks with Greece
The background that led to the Eurogroup's February 20 agreement on the extension of the Greek program was mentioned by the head of the Council of Finance Ministers of the euro area Jeroen Dijsselbloem in an interview…
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Guindos: Discussions for a third package of up to €50 billion.
Eurozone countries are in talks for a third rescue package for Greece worth between 30-50 di. euro, said Spanish Finance Minister Luis de Guindos, as reported by Reuters. According to him, a new agreement…
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Economy: Varoufakis: extraordinary tax “on those who have to pay …
Varoufakis: extraordinary tax “on those who have to pay …
Greece will not return to the indignity of primary deficits, the finance minister clarified, stressing that if necessary he will impose a targeted emergency tax on those who have the ability to pay it. "We have…
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Fire at will by Schäuble: Tsipras made a promise, if …
The certainty that the Greek government can keep its commitments is expressed by Finance Minister Wolfgang Schäuble in an interview with today's, Sunday edition of Bild, warns however that, if commitments are not met, not…
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Soldier: The commitment for the 13th pension will be kept
The government's commitment to pay the 13th pension, as a Christmas present, will be observed, said Deputy Minister of Social Insurance Dimitris Stratoulis, in a televised interview on Saturday. Speaking to Mega, Mr..
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Employees v. P. Lafazani for Skouries
The licenses of the Skouries factory were revoked by the Minister of Production Reconstruction, Environment and Energy, P. Lafazanis. LABELS: The Minister of Productive Reconstruction moved quickly from words to action, Environment…
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SEC: Schäuble's statements about the primary outside the letter …
As stated on Friday, Ms. Marianne Cote the Eurogroup decided to take into account the "economic circumstances" only for the 2015. "In the coming years, the goal of a primary surplus of its kind should be met 4,5% of GDP"…
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P. Lafazanis: The agreement is not necessary to go through the …
ATHENS-Parliament-Senate Hall, the Standing Committee on Economic Affairs is meeting, on the agenda: Processing and examination of the draft law of the Ministry of Finance "Access to the activity of credit institutions…
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Varoufakis: We will repay the IMF tranche – For the ECB …
Regarding the debts to the ECB, the Minister of Finance clarifies to AP that they belong to a different category and a discussion with partners and institutions will be needed. |. →. PREVIOUS TOPIC. Visor: "Unfortunate choice" the arrangement for due dates…
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A financial gap is paralyzing the country – "black hole" 20,4 di …
Of Eleftheria Arlapanou. Greece is in a liquidity trap, subject that develops into sub’ number one threat to the real economy, political stability and the dynamics of negotiations with partners. This year Greece…
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Schäuble: If the Tsipras promise is not kept, there will be no extra …
"We reached a clear agreement within the Eurogroup. Mr. Tsipras made a promise. If Greece does not comply, there will be no extra help. We don't want Grexit. We are in solidarity, but we are not blackmailed. No one imposed on them…
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C. Varoufakis: Paying off the IMF is a priority, to another …
Greece will give priority to repaying the debt to the International Monetary Fund, part of which expires in March, however, οι αποπληρωμές στην Ευρωπαϊκή Κεντρική Τράπεζα ανήκουν σε άλλη κατηγορία και θα χρειαστεί να…
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Economy: Varoufakis: Greece will request a new debt settlement in the summer
Varoufakis: Greece will request a new debt settlement in the summer
Like the word "troika" is "dirty" for Greece, so is "haircut" a "dirty" word for the European Union, says Finance Minister Yanis Varoufakis, while stressing that he will not ask for a haircut or cancellation of the debt and…
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Europe's Plan B: Here is the Paris Club
The case of Greece leaving the euro is now on the table as a dangerous possibility, as the Dutch government, with a post on its official website, brings the issue of the Paris Club to the surface again (Paris Club) …
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New… ENFIA towards the gates: What is being planned?, when will him …
By Maria Bourgana. Plans on paper for the new Property Tax, who… at some point it will replace ENFIA they began to draft in the Ministry of Finance, while the data on the course of tax revenues show…
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Schäuble: Credit event if the first repayment is not made in …
German Finance Minister Wolfgang Schäuble has again called on Greece to implement the reforms it has pledged to promote, if he wants to secure international financial aid in the future and warned against the possibility…
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Schäuble: Governance is a rendezvous with reality
"We reached a clear agreement within the Eurogroup. Mr. Tsipras made a promise. If Greece does not comply, there will be no extra help". |. →. PREVIOUS TOPIC. Skourletis in "K": New financing package with…
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Hardouvelis: Extension means memorandum – They laugh at her …
Gikas Hardouvelis calculated the cash needs of the public in March at least 4 di. euro, while he characteristically mentioned that in 0% for lenders to lower the primary surplus – with the downturn in the economy – again he will have…
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Increases for PPC employees through bonuses
Three new types of benefits are included in the 3-year Collective Labor Agreement signed by GENOP with PPC. It is about the feeding allowances, happy stay and stay. Alongside, as reported by The News, after its expiration…
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Market hawks are looking for opportunities in Greece – What …
Large foreign investors, important funds that manage billions of dollars make a "parade" in Athens and investigate the prospects of the Greek economy. Uncertainty may have intensified in recent weeks, because of her…
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I "blame" Adonis on Kouroumpli for reducing funding …
"The leadership of the Ministry of Health is either lying unabashedly or is in total ignorance," says the former Minister of Health after the denial of funding cuts – He calls D. Barnabas to take a public stand on the matter. There is no issue…
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On Monday, the presses "turn on" in Frankfurt
By Lalela Chrysanthopoulou. The money printing program of the European Central Bank "debuts" on Monday, with Mario Draghi turning on the 'big bazooka' and starting the government buying (mainly) and…
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Economy: Feverish consultations in the government on the list
Feverish consultations in the government on the list of …
The exchange of texts and views between the government and the institutions continues in order to draw up the list of reforms, which Athens will send to Brussels on Clean Monday. The Greek side will even testify…
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Four executives of SYRIZA set red lines for the …
At a time when the government is working feverishly on the list of reforms it will send to the institutions to be studied, to discuss and finalize Friday's agreement at the Eurogroup, SYRIZA officials draw red lines…
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M. Glezos:We named the meat fish
The intra-party front in the ruling party on the occasion of the capitulation to the Eurogroup, he doesn't say to stop. In a resounding blow against A. Manolis Glezos went ahead of Tsipras, with his article on the website of the Active Citizens Movement.
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The M. Glezos blows up SYRIZA: “I apologize to the …
Manolis Glezos launches a fierce attack against the government and Alexis Tsipras, who strongly reacts to Friday's agreement. We named the meat fish, says the Left's historic figure in a harsh text that will provoke…
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Agreement-station for a four-month extension
Of Eleftheria Arlapanou and Maria Bourgana. With a milestone agreement, the Eurogroup yesterday opened the way for a four-month extension of the Greek program and the guarantee, under conditions, sufficient financial support of it…
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Reuters: Tsipras abandoned many of his pre-election promises
In his article entitled "It's time for Alexis Tsipras to keep his cool" the columnist of Reuters Breakingviews, Hugo Dixon, emphasizes that "the new Greek prime minister has crossed the Rubicon by asking for an extension of the hated…
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The deal “leaves room for maneuver”
The German economist Rudolf Hickel positively assesses the Eurogroup agreement. The compromise, according to him, leaves considerable room for maneuver in the government of Alexis Tsipras. As he estimated in an interview with Germaniki…
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Krugman: Breathing room for Greece in view of it …
epa01667802 US Paul Krugman, Professor at Princeton University and winner of the 2008 Nobel Prize for Economics, during a news conference with Vice-President of the European Commission and EU commissioner in charge of enterprise and industry, …
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P. Krugman: Greece gained breath for the biggest battle that …
With a new New York Times op-ed on the deal reached at the Eurogroup on Friday, the American Nobel laureate economist, Paul Krugman, reports that Greece has gained "breathing room" for its "biggest battle".…
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Al. Tsipras abandoned many of his pre-election campaigns …
Alexis Tsipras must keep his cool. “The new Greek prime minister has crossed a Rubicon, calling for an extension of the bailout program that the country hates, abandoning many of his pre-election promises”, states…
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