Programme
The key points from Greece's proposal to lenders
Prime Minister Alexis Tsipras insists that the 47-page document Greece sent to the institutions earlier this week remains a “realistic” basis for an agreement.
Finance Ministry wavers as revenues remain at the forefront
In a period when deposit sentiment remains extremely fragile and subject to sovereign and macro concerns, it is apparent that any statement or development that adds more uncertainty further harms depositors' sentiment.
Proposed VAT overhaul a stepping stone towards agreement with lenders?
Greece and its lenders are broadly in agreement on the restructuring of Greece’s VAT system, which is one of several obstacles to a full deal between the two sides, according to Finance Minister Yiannis Varoufakis.
Court ruling on pension cuts could create new problem in talks, fiscal plans
As the government struggles to find common ground with lenders over this year’s fiscal targets, a legal issue concerning pension cuts threatens to derail spending plans.
Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
The Greek Finance Ministry has announced that the government’s new negotiating decided at its first meeting on Monday to draft a multi-bill coding the measures included in the reform list sent by Finance Minister Yanis Varoufakis in late March.
Greek pensions: The thorniest issue in talks between Athens and lenders
As Greece and its lenders make a new push to conclude negotiations that could secure more bailout funding, it is certain that the country’s pension system will prove one of biggest obstacles to a deal.
This is where Greek gov't could find cash to cover May's obligations
Following the submission of 187.5 million of non-competitive bids on Thursday, Greece rolled-over 3-month T-Bills worth 1 billion this week. This was the third key transaction related to payment of debt obligations over the past 10 days.
ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
There has been no official response from the Greek coalition to the European Central Bank (ECB) publishing on April 10 its opinion on the draft law on the suspension of primary residence foreclosures until the end of 2015.
Higher revenues set to ease coalition's liquidity concerns
The Greek state has to imminently cover funding needs of around 1.2 billion euros this week in two key transactions, which are the most important for April’s obligations.
Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
Following the initial proposals on fiscal and structural measures from Greece, which we presented on March 30, the Financial Times revealed on Wednesday the updated version of the 26-page document submitted by the Finance Ministry (MoF) to the institutions.