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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek Politicsfor interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankinghighlighted that the proceeds from the Finansbank sale will be used to repay CoCos. The CoCos qualify... expense of 120 million per annum. This explains why NBG intends to repay CoCos right after
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Athens struggles with civil service evaluation, reduction of arrears
EconomyProgrammeto repay its loans if given the appropriate assistance, likening it to the help Germany received... economies can fully repay rescue loans if the repayment obligations are stretched for a long time
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IMF outlines areas in which Greece needs further reforms, where it should apply caution
EconomyProgrammeThe International Monetary Fund (IMF) issued on Tuesday its first post-programme report for Greece as part of the regular monitoring cycle of assessing policies and the country’s capacity to repay... concludes that Greece’s capacity to repay the Fund is adequate, and public debt-to-GDP is projected
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgramme, it is reasonable to aim to repay this ahead of time, especially as Greece holds close to 30 billion... creditors due to the pari passu clause. “Also from the ESM perspective, it would make sense to repay
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Newsletter 202 -12/04/2019
perspective, it is reasonable to aim to repay this ahead of time, especially as Greece holds close to 30... sense to repay that because it would strengthen Greece’s debt sustainability,” he said. “Of course
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PM accepts economic recovery not being felt by all, argues for more time
PoliticsGreek Politicshigh profile supporters have claimed that SYRIZA’s electoral process was rigged to produce a result... of winning the next general elections, due in 2027. A GPO opinion poll for Parapolitika radio indicated..., while two thirds say that they are finding it difficult to cover all their needs. An overwhelming
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Mitsotakis looks ahead to tax tweaks for middle class, welcomes back errant MP
PoliticsGreek Politicsa parliamentary group that will be able to raise Movement for Democracy’s profile. PASOK’s reaction to Avgenakis... to the PM feel that winning over this group of voters will be the key in deciding the outcome of the next.... Avgenakis returns Given that the government is so focussed on finding a way to rekindle its
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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... by Alpha Bank announcing in March that it signed a binding agreement with B2Holding group for the disposal... of NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers
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Govt mulls tighter controls on movement, seeks to boost health supplies and Covid-19 tests
PoliticsGreek Politicshave come from China, through Chinese companies with a presence in Greece. High-profile donors include... acknowledged that they are finding it difficult to secure hospital supplies, including ventilators... associations called on the government to provide personal protective equipment to surgeries, after finding
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