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Tsipras's proposals to lenders come under SYRIZA scrutiny
PoliticsGreek Politicsof 53.5 billion euros so it could cover debt obligations from this year and until the end of August 2018... not begin until around 9.30 a.m. There are doubts, though, about whether the plenary will be able... that they would give up their seats if they quit the parliamentary group. The pledge is non-binding
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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBankingscenario. Until now, very few details have been leaked and they mainly relate to the macro assumptions... exchange or by 585 million for the share exchange. The exchange offer runs from October 15 until...-plus-baseline capital needs and the higher figure that would stem from the adverse – possibly binding
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economyproceeds of 6.5 billion until 2018. Pitsiorlas also set out the next privatisation projects, beyond those...). The international tender has been extended until June 20. He also said that the process..., Pitsiorlas said that binding offers from 7 international investors are expected by the end of August
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NPL resolution in Italy and Greece
Agora170,000 pending cases, with legal hearings scheduled until 2032. Such an extensive timeline favours those... of the vast majority (roughly 94 percent) of NPLs linked to mortgages until at least 2018. In the event... lenders and necessitated an increasing amount of provisioning, thus binding up valuable capital
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgrammeeuros from 2016 until 2019, while EKAS will be completely abolished as of the beginning of 2020... savings are legislated until September 30, 2016 and implemented as of January 1, 2017. The multi-bill... PPC. In addition, two weeks after the submission of binding bids for a strategic partnership in ADMIE
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Eurobank first to tackle NPL reduction via APS
EconomyBankingand the Cairo securitisation mezzanine note following Eurobank’s call for binding offers from Fortress earlier in November. The bank had previously been in exclusive negotiations with PIMCO until... to reduce NPEs by 13.3 billion euros until the end of 2021. In their first half financial report, NPE
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Can the Green Transition be just?
Agoradependent until the war broke out. Given that lignite and coal are by far the most polluting fuels... sector followed a steady upward trend until the mid-2000s, peaking in 2003 when they more than... binding, while setting a more immediate climate goal for 2030, namely, the reduction of net greenhouse
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgramme, those who will pay their full principal amount until the end of March will receive a discount...) installments. Note that the previously announced 50 percent haircut on tax debt generated until the end..., fact-finding and fact-exchange sessions should be Brussels The government also calls for "higher-level
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Newsletter 20 - 20/03/2015
, possibly with only enough to survive until mid-April. Overcoming this liquidity problem has become... running low on cash, possibly with only enough to survive until mid-April, overcoming the liquidity... days. An important finding disclosed by the banks was the deposit outflow characteristics from
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Newsletter 25 - 08/05/2015
at this juncture. This holding off on payments is expected to continue until an agreement is reached... cash relief until June. To swallow words or give ground? Fate of deal could rest on details.... During those five years, Greeks have been to hell and back numerous times. Finding themselves
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