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Banks step up securitisation drive following pandemic interruption
EconomyBankingHaving experienced a setback earlier in the year, when the pandemic broke out and led to reconfiguration of the plans on securitisations, Greek systemic banks are accelerating their efforts to catch up for lost time in restoring the health of their balance sheets. Eurobank was at the most advanced
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Accused of U-turn over extension of territorial waters at home, ND steps up diplomatic drive abroad
PoliticsGreek PoliticsThe Greek government appears determined to open up new diplomatic fronts in its efforts to secure a de-escalation in the eastern Mediterranean. In a session in Parliament on Wednesday to ratify Greece’s recent EEZ agreements with Italy and Egypt, Prime Minister Kyriakos Mitsotakis announced
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New tax debt at 2.53 bln to May, up by 96 mln month-on-month
EconomyMacroeconomy, the rate of collectability came to 93.6 percent, up from 88.5 percent in April. The aggregate rate
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Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
EconomyProgrammehad to top up the support measures because the impact on the economy was worsening. The Commission
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New tax debt at 3.90 bln to September, up by 695 mln month-on-month
EconomyMacroeconomythe month, the rate of collectability came to 85.1 percent, up from 80.6 percent in August
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PMI edges up to 46.9 points in December
EconomyMacroeconomyand the release of pent-up demand spurred goods producers on," they concluded.
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Economic sentiment edges up to 91.5 in Dec while services, retail and construction fall
EconomyMacroeconomyGreece’s economic sentiment (ESI) edged up by 0.5 points month-on-month in December to reach 91.5 points, European Commission (EC) figures showed on Thursday. During December, the Employment Expectations Indicator (EEI) for Greece came to 104.9 points compared to 105.4 points in the previous month
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Athens gears up for exploratory talks with Ankara after long hiatus
PoliticsForeign Policymaintaining a “casus belli” if there is an extension of up to 12 nautical miles. Following last
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Snow melts in Athens, political row over storm response heats up
PoliticsGreek PoliticsAs the snow that fell in and around Athens on Tuesday began to melt on Wednesday, the political clash over responsibility for the aftermath of storm front “Medea” began to heat up. Efforts were being made on Wednesday to restore electricity, and in some cases water supply, to around 30 areas
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Athens draws up Turkey strategy after EU Council, Biden input
PoliticsForeign Policythese reasons, the Greek side is under pressure to draw up a real strategy towards Ankara. For the Greek
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