Greece

Deferred tax credits may soon become deferred troubles for some European banks

European banking supervisor should limit banks’ exposure to all eurozone governments, not just Greece

The Single Supervisory Mechanism's decision to impose limits on Greek banks’ holdings of government debt has been criticised for putting und

The 2015 Greek redemptions’ path

Tomorrow, the Eurogroup meets to discuss the Greek government’s plan to reach an agreement with the Country’s public creditors. The sense of urge

A tale of floods and dams

A lot of debate has recently focused on the management of the fiscal crisis in Greece and whether or not the speed of adjustment has been too fast or

Greece: update on public finances

At the end of last week the Greek Finance Ministry published the preliminary budget execution bulletin for February. The State primary budget balance

Greek payment deadlines ahead

Discussions between Greece and its creditors are due to restart tomorrow. In the meantime, the pressure on Greece is increasing.   Here we take a

A new start for Greece

Greece's new government under prime minister Alexis Tsipras – in power for not even two weeks – has had a rollercoaster ride. In the face of crisis, i

A Greek primary issue

On the 25th February, the Greek ministry of finance published the final data for the execution of the State Budget in January 2015. This data is

Should other Eurozone programme countries worry about a reduced Greek primary surplus target?

In this post Zsolt Darvas assesses the possible reaction of other Eurozone programme countries to a reduction in the Greek primary surplus target from

Greece and the André Szász Axiom

A most unusual thing happened at the Feb. 11 meeting of Eurozone finance ministers. The leaked draft agreement between the official creditors and Gree

Europe needs a lasting solution for the Greek problem

The talks between the new Greek government and Eurozone partners turned out to be as hectic and as tough as expected. Greece wants to get debt relief

Limits to the Greek bank run

An important question has emerged this week as regards the role of the ECB as a lender of last resort to banks in Greece. The press has widely reporte

The maths behind an amended Greek plan

While Mr Mr Varoufakis’s plan was received coldly by euro-area partners, recent media reports suggest that a compromise is in the making. In this

Obama joins the Greek chorus

US President Barack Obama’s recent call to ease the austerity imposed on Greece is remarkable – and not only for his endorsement of the newly elected

Debt Restructuring & Greece