Bundesbank demands more supervision of Greek reforms
Germany’s central bank calls for more supervision of the adjustments and reforms in Greece, while the IMF casts doubts over the sustainability of Greek debt.
Greece
Have inflation “repay” Greek debt and growth reduce indebtedness
ATHENS | By Klaus Kastner via Macropolis | Greece may have another way to tackle debt in the long term.
Greek bailout deal agreed ‘in principle’
The third bailout deal will have to be voted on in the Greek Parliament on Thursday and approved by the Eurogroup on Friday.
Germany’s benefit from the Greek crisis
The benefits tend to be larger than the expenses, even if Greece does not repay any of its debts.
From the troika to the quartet
ATHENS | By Jean Bastian via MacroPolis | Greece and quartet of international creditors have a common interest in completing the third financial assistance package as soon as possible.
Greek debt restructuring unlikely before year-end
The IMF is insisting on the need to evaluate a debt relief for Greece. Will it happen?
Greek politics and poisonous statistics – an on-going saga
LONDON | Why the Troika and the EU member states find it so difficult to trust Greece.
Varoufakis and his friendly fire
ATHENS | Macropolis | The last thing Alexis Tsipras needed right now is his talkative former Finance Minister Yanis Varoufakis to reveal that he had been working on establishing a parallel payment system in the government’s first months in power.
On the Greek crisis and German imbalances
NICOSIA |By Marios Zachariadis via MacroPolis | Policies undertaken from a narrow national perspective that encourage systematic fiscal surpluses, coupled with a national consensus on wage suppression between unions and industry facilitated by the state, impact negatively upon domestic spending while increasing national saving.
For Greek banks, it’s business as unusual
ATHENS | July 23, 2015 | By Jens Bastian via MacroPolis | Now that the rather bizarrely termed “bank holiday” has come to an end in Greece after three weeks – although domestic and external capital controls – continue, it is appropriate to take stock of the situation and inquire where do we go from here.