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EU's temporary framework for state aid in response to Covid-19 outbreak
Legallow premiums. In order to benefit from the framework, the guarantee must not exceed 90% (where losses... in order to curb harmful coronavirus crisis implications in society, limit the losses of jobs and incomes... and in order to ensure liquidity, the Greek State enables the affected companies to benefit from
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammethe implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs... on Thursday, ECB Vice President Vitor Constancio said the central bank would be satisfied
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Greece's ultimate sacrifice for stability
Agoraof double agent, giving Golden Dawn MPs harmless morsels in order to glean information from them. One has... wanted to pass a law that would see courts hand migrants sentences that were 50 percent longer than... Order Minister Nikos Dendias’s drawer before they were sent to prosecutors and why this happened
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Eurogroup doesn't end in tie for Tsipras
AgoraDid Greece get what it wanted out of Thursday’s meeting of eurozone finance ministers... is whether German Finance Minister Wolfgang Schaeuble got what he wanted. Invariably, the answer... wanted (mainly changes to the pension and tax systems), it would then put pressure on the eurozone
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Greek banks' equity raising could keep official support to a minimum
Economy” with common shares according to the relevant cabinet act, are an expensive instrument bearing... key pillars of the capital plans involve a share capital increase and the pre-announced liability... the HFSF would trigger the bail-in instrument, the securities that would not be exchanged in the LME
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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek PoliticsThe use of face masks for debates in Parliament became compulsory on Wednesday as Greek authorities try to re-instill a sense of caution in the public after seeing the number of coronavirus cases rise significantly this week. The decision to make MPs and ministers wear masks, primarily to send
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Europe missed an opportunity on banking union
Agoraeconomies were suffering. The euro leaders wanted to find a way to ensure that banks which went... markets, rely heavily on banks for financing. If the banking system is not put in order... is supposed to be built on three pillars: A central supervisory authority, a common resolution mechanism
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From nice story to pulped fiction: Carney delivers reality check on rules-based order
Agoraorder, or disorder, that the world needed, enabling leaders to assess options based on a realistic... “international rules‑based order” was little more than a diplomatic euphemism. It created the illusion... it, it was simply “a nice story.” “We knew the story of the international rules‑based order was partially
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Newsletter 292 - 09/04/2021
insisted that he has no plans to go to the polls early. He stated his confidence that, despite the wear... he wanted to be judged on his record putting Greece on a path to growth, for which he needed.... The successful completion of the programme is one of the key factors that New Democracy is looking to in order
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PASOK launches attempt to form alliance that would rival SYRIZA
PoliticsGreek Politicsunification process when he failed to receive the reassurances he wanted from Gennimata that it would lead... from political wear-and-tear. The immediate question is who will lead the new vehicle. Gennimata... the kind of backing he would like from sections of PASOK in order to have a chance of winning the race
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