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Report on PPC’s viability ruffles feathers and shakes share price
EconomyFeaturesfigure of 170.2 million. The firm, which is 51 percent owned by the Greek state, has performed... be applied to the Greek market. McKinsey compared the net debt versus operational earnings of several... the alleged content of McKinsey’s report on PPC first appeared in the Greek press on Sunday, PPC’s share
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingto Piraeus and Zepos and Yannopoulos as Greek legal counsel to Piraeus for the transaction. Around 20... estate prices and the Greek economy overall”, he said. “We are delighted to continue to strengthen our position in Greek non-performing credit, a market with circa 100 billion euros of NPEs”, said Alon
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Council of Europe report warns over austerity-inflamed inequality in education
Societythe wider Greek population. Furthermore, access to education at both the start and end of formal education... education system. As the Commissioner’s report notes, state university places are free for Greek high... to accessing education from early childhood through to further education. Greek authorities were
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New Democracy counters SYRIZA's offensive, unveils renewal effort
PoliticsGreek Politicsin Venezuela. After making a statement in Greek on the subject following his meeting on Tuesday... political system,” began the statement, which expressed Greek support for the initiatives... a private discussion between the Greek prime minister, French President Emmanuel Macron and others
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Alpha Bank posts net profits of 4.7 mln in Q3
EconomyBankingcollections and increasing liquidations. Year-on-year (YoY), the reduction came to 3.3 billion euros. Greek... of Greek SMEs secured with real estate assets with total on-balance sheet gross book value... that their tangible book value stood at 8 billion euros, which was among the highest level among their Greek peers.
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PM broaches demographics issue, stresses role of migration
PoliticsGreek Politicsoften bearing the brunt of robust policies and Greek authorities repeatedly being questioned about... concerns about Greek society being weakened by the influx of people from different backgrounds... and the hard right of Greek politics, rather than from SYRIZA, which has an even more liberal stance
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Parties step up battle for voters in election home stretch
PoliticsGreek Politicsjournalists and set out his party’s positions. During the part shown on Greek TV, he insisted... A few hours after Tsipras made his comments, the Greek PM was involved in his own controversy. He.... Tsipras and his team believe that if they can convince voters that ND is out of touch with the Greek
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Greece and Turkey launch latest round of talks, building up to Ankara visit by Mitsotakis
PoliticsForeign Policyto the Greek Foreign Ministry’s announcement. But the agenda of the meeting will also touch upon issues... to bureaucratic obstacles for teachers to be appointed in Greek schools in Turkey as well as the improvement.... In this context, the political dialogue could be seen as a good opportunity that would enable the Greek
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Camp conditions and fragile EU-Turkey agreement risks for Greece in refugee crisis
PoliticsForeign Policycurrently live in the camp. The most significant risks ahead for the Greek government are that the slow... major problem but have created lots of smaller ones, especially given that conditions
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Dire conditions at public hospitals fuel opposition attacks on govt competence
PoliticsGreek Politicsadministration of not caring for the average Greek. Easing lockdown The latest developments have... parties argue that ND has done too little. Tsipras spoke of “battle conditions” at most hospitals
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