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This is the government's strategy on banks and NPLs as part of third bailout
Economyrules regarding competitions and state support. After the comprehensive assessment by the Single... their capital support from the new bailout programme and limit the link between the banks... in the recapitalisation process, to support small and medium-sized companies and growth in the periphery. NPLs
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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economyconsiderable damage, and the support measures that have been introduced will have to be rolled over... of the Finance Ministry budget by 5 billion euros. It is near certain that these support measures will need... will need to be tapped to support the economy. The Finance Ministry is also considering other avenues
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicsin the press, the plan rests on four pillars: the reopening of air connections, support of employment, financial support and health protocols. The same sources say that the government intends to reduce... for economic and employment support for the businesses unable to operate this summer. The government
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek PoliticsThe Greek government presented on Wednesday the components of its support package for cushioning... and entertainment. Consumers will receive additional support in the form of an extended mortgage... by the terms of support packages, while the furlough scheme for workers equates to subsidised
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PM hopes energy, US deals offer political lifeline as Samaras drags him towards domestic mire
PoliticsGreek Politicsover inflation, scandals, and waning public support. By showcasing Greece’s role in high-profile... energy prices,” and “a new national wealth” to support future generations. He called it “modern... polls have already been testing hypothetical support for such a party. Samaras noted that some
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Athens strives to build opposition to Turkey-Libya deal as France pledges support in East Med
PoliticsForeign Policyform an alternative solution to the matter, other experts say. French support After meeting her Greek... support in French operations in Mali. France is aiming to conclude an agreement with Greece regarding... stance regarding the situation in Libya. On the one hand, Greece supports a political solution
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Newsletter 447 - 17/01/2025
, each time with record support of at least 249 out of 300 votes, proved that he has the capacity... with clawing back support from the centre. Many had hoped that the expulsion of right-wing figurehead... broad support among parliamentarians, Tasoulas will not be an entirely uncontroversial pick. Many
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammean agreement could be clinched by March 25. The quadriga proposed to the Greek government last week.... According to this quadriga proposal, the current tax-free threshold of 9,550 euros would be lowered... tax break. Both the government and the quadriga proposals result in lower tax for those self
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Greek 2013 primary surplus confirmed at 1.5 bln euros
Economyof banks’ support amounting to 19.27 billion. Excluding this burden, gg deficit lands at 3.84... the banks’ support impact. Note that both Eurostat and ELSTAT figures are under the ESA95 rules, while... to the EAP definition, adjustments of 9.5 percent were applied mainly related to banks’ support (10.8
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Greek-German relations: Perception versus reality
Agoraof the two rescue programmes for Greece since 2010, Berlin has pro-actively sought to support Greece’s... with solid funding support, thus providing the IfG with a credit guarantee of 100 million euros... between these impressive levels of tangible cooperation and technical support on the one side
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