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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingof non-performing loans. According to a report in Kathimerini newspaper on Thursday, Deputy Finance... that the valuations of these loans would approach market prices. The SPV would finance the transfer
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Fiscal issues dominate talks as fourth post-programme review ensues
EconomyProgrammeon the fiscal front from the finance ministry. However, next year’s budget and to what extent... areas that require the sign off from the country’s lenders. The finance ministry has estimated
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammeto a finance ministry official, the discussions on next year’s budget are based on three scenarios... measures or spending cuts. It is suggested by the finance ministry that structural measures
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Newsletter 222 -04/10/2019
Thomas Cook revenue losses Finance Minister Christos Staikouras was due to meet the CEOs of Greece’s... Commission by Deputy Finance Minister Giorgos Zavvos. Greek banks managed to reduce their NPEs to below
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Athens strives to bridge fiscal gap before unveiling 2020 draft budget
EconomyProgrammenewspaper ahead of his meetings with Prime Minister Kyriakos Mitsotakis and Finance Minister Christos... euros, while Naftemporiki put the difference at 1.5 billion euros. The Finance Ministry seems
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsand in 2020. Speaking to public broadcaster ERT on Tuesday, Finance Minister Christos Staikouras said... by an average of 22 percent. According to the Finance Ministry, more than 1.1 million taxpayers applied
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Commission gives go-ahead for APS to reduce NPL pile
EconomyBankingfinance minister responsible for the design of the scheme as bank executives argued that they had.... It required the intervention of Finance Minister Christos Staikouras and the oversight of the PM’s
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Newsletter 226 -01/11/2019
, the Finance Ministry hinted at its aim of reducing the reliance on short term issues, which... noted in September 2018, according to the Finance Ministry (MoF) budget execution bulletin
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Watchdog raid strains testy relationship between banks and govt
EconomyBankingclaimed that they were kept in the dark about the process by Deputy Finance Minister Giorgos Zavvos, who... that there was justification for some of the concerns about the Finance Ministry’s engagement with key stakeholders
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsby the New Democracy administration. The Finance Ministry is reportedly working on some last-minute.... In a newspaper op-ed and comments in a TV interview over the weekend, SYRIZA’s shadow finance minister, Euclid
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