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The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…
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DOI: 10.1108/OXAN-DB199435
ISSN: 2633-304X
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The left-right Greek coalition of Syriza and Independent Greeks took office late in January committed to ending the rigours of the country's bailout programme. However, euro-area…
The cost will increase pressure on households already experiencing declining real incomes and worrying about the military mobilisation which the government says has taken 300,000…
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DOI: 10.1108/OXAN-DB274487
ISSN: 2633-304X
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The Bank of England (BoE) judged this a material risk to financial stability and stabilised the market by buying gilts. This prevented wider crisis but the gilt market spike has…
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DOI: 10.1108/OXAN-DB274645
ISSN: 2633-304X
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The tranche will meet debt repayments falling due until end-2016. The prospect has been held out of debt restructuring if programme commitments are fulfilled. The IMF, which has…