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Government in firefighting mode as opposition seizes on sleaze and shortages
PoliticsGreek Politics. The latest reports suggested that the UK side had proposed a bilateral deal that would see... Greek antiquities. The stories appeared to confirm an earlier report published in To Vima newspaper
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Tsipras, against all odds
Agoracurrency rather than in the euro. Public Issue found that 32 percent of Greeks support this view..., signing a third bailout and then proceeding to adopt 3 percent of GDP in new austerity measures
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Contrasting views on Cyprus breakdown; Greek role under scrutiny
PoliticsForeign Policythey would not accept more than 65,000 people even though the UN had estimated that the numbers... appearing to be proceeding well, the talks in the Swiss resort of Mont Pelerin broke down on Monday
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Out-of-court workout holds promise for firms in debt
Legalto the free negotiation principle (i.e. no grace period, no more than 120 installments, only cash... proceeding is a flexible, extrajudicial procedure, with minimal publicity aiming to a long term
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Energy conference highlights path and obstacles to European energy integration
EconomyFeatures, because that tends to be much less geopolitical than the gas market.” Speaking on the integration.... “There is an increasingly urgent need for proceeding with the modifications of the electricity system and market codes
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Minister proposes way forward for auctions as pressure mounts from banks, creditors
EconomyProgramme) rather than for this to rely on authorities having to be formally notified. The other proposal would... sheets from a delay in proceeding with property auctions. The two measures proposed by Justice Minister
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Greek banks' NPL selloff gathers speed
EconomyBankingto 99.1 billion, which is 796 million lower than the target of 99.9 billion. NPL stock was down against.... The National Bank of Greece (NBG) is proceeding with the sale of an NPL portfolio totalling 3
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Banks focus on defining challenge of reducing NPEs
EconomyBankinghigher revenues as the profile of the loans is better than the one sold to Instrum. Additionally... is proceeding with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new
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Greece tops OECD countries for tax rises and spending cuts
EconomyFeaturesthan the OECD country average, but as of 2017 stood at the lowest levels out of all OECD countries... of personal tax allowances and credits. Greece is proceeding with broadening its personal income
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politicsto retirement pay is more than just an economic matter for Prime Minister Alexis Tsipras... for proceeding with the measure. The IMF’s spokesman Gerry Rice was very clear about this point during
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