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Coalition tweaks draft electoral law in hope of clinching supermajority
PoliticsGreek Politicsyet to clarify its position, has 18 MPs. If it decides to back the system proposed by the government... three independent MPs. However, all three have already said they will not back the draft legislations
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Newsletter 81 - 08/07/2016
Dawn, whose position is not yet known, back the government’s proposal, then it could be within three..., the government’s attempt to go back on its signature only two months after signing a bilateral agreement
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Coalition goes in search of deciding votes for electoral law, prepares more legislation
PoliticsGreek Politicsthe Communist Party, which has said it will back the scrapping of the 50-seat bonus for the election winner... to fire back at critics who accuse it of failing to deliver any noticeable change. This could provide
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Added layer of complexity to Greek-Turkish relations in wake of failed coup
PoliticsForeign Policythat Ankara would back out of an agreement to stem the flow of irregular migrants to the EU if Brussels failed... more difficult for diplomats from the two countries to get relations back on an even keel.
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Industrial production surges 7.5 pct in June, with highest growth rate since 2001
EconomyMacroeconomyin the course of the year to 6.3 points. However, Markit’s Manufacturing PMI fell back into contraction territory in July dropping by 1.7 points to 48.7 largely on the back of declining output.
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Newsletter 86 - 26/08/2016
of January. Statistics story rumbles on European Commission intervenes to back former ELSTAT chief... judicial probe into the Georgiou case, prompting those close to the party leader to hit back. Although
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Determined talk from Tsipras as negotiations with lenders move closer
PoliticsGreek Politicsfor ways to fight back from September onwards. Tsipras clearly feels that he has to be seen to be driving... to win back voters’ support and remain in power.
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingpercent QoQ to 288 million in Q2 on the back of a 5 percent rebound in core income mitigated... euros on the back of lower Greek deposit cost and pillar II costs. Fee income also rose by 8
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Newsletter 86 - 02/09/2016
this week, showed improving trends in core pre-provision income (PPI), largely on the back of lower..., on the back of further net interest (NII) and commission income expansion as well as cost containment
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Government's relationship with Stournaras teeters again
PoliticsForeign PolicyThe spotlight is back on the government’s fractious relationship with Bank of Greece governor Yannis Stournaras after anti-corruption prosecutors reportedly raided the ex-finance minister’s home... and Stournaras is back in sharp focus. While the central bank governor’s position does not appear
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