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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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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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Athens aiming to boost EU-Balkan momentum
PoliticsForeign Policyagainst Turkey than anything else, however it also supports the region’s European future, rejecting..., archaeological and educational issues is proceeding slowly, while the committee tasked with finding a solution
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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
Economy” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20... more than 550 orders from the investment community. The last time Greece issued a 3-year bond
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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
Economyin a sample of 1,005 very small and small companies. According to the survey, more than half of firms reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
Economyin 2012 remaining consistently more than double the EU average. The only three countries that have... the exemption gap was 37.1 percent higher than the EU average of 32.6 percent. A similar pattern
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Omnibus bill prompts no more than rumblings of discontent from coalition MPs
PoliticsGreek Politicsinstalments between October and February, rather than the six that were originally planned to start... Democracy rather than SYRIZA. Overall, the displeasure expressed by SYRIZA lawmakers appears to have been
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Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsis considered easier than previous inspections by the creditors. The official’s comment, though, indicates... stance on the Greek issue than the SPD and Merkel’s CDU and this may upset Greece’s hopes of seeing debt
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First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Economyover mid-swap. Market reaction was positive and by 11 CET the books had more than 11 billion euros... of 0.888 pct. More than 300 accounts were drawn in, dominated by real money. Hedge funds accounted
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