Tag Archives: Greek bailout

The deal should help Greek banks and bonds, but major questions on Greek debt relief were postponed and Greece’s economy remains in the doldrums Read full report here In the early hours of May 25, the Eurogroup, made up of euro area finance ministers, reached an agreement on Greece. The agreement will see the disbursement of the second tranche of loans (EUR 10.3bn) as part of Greece’s third bailout programme. In addition, a road map was drawn up that opens the way to debt relief after...

The political temperature is rising in the euro area. But in the short term at least, we believe political developments could actually boost sentiment Europe is facing a number of risk events amid a deteriorating political and social backdrop (see Table 1 below for the most important ones), including the ongoing migrant crisis, the Brexit referendum, the first review of Greece’s third bailout programme, and the prospects of new elections in Spain. There is no stable relationship between...