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Government paves way for major U-turn on migration as opposition warns of interference in regulators
PoliticsGreek Politicslinked the two initiatives by saying that they were part of a push to bring order to the largely unmapped... in training. Kairidis told Greek media that the government wanted to utilise migrant labour in areas
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ND throws weight behind pursuit of whistleblowers, prompting SYRIZA backlash
PoliticsGreek Politicsin the affair, while ND has wanted to prove that its left-wing opponents organised a conspiracy aimed... weight behind the effort to pursue the whistleblowers in order to keep ex-PM Samaras content after he
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PM intervenes on bank charges as budget attracts extra support
PoliticsGreek Politicsthat applies to real estate held by banks and servicers will double in order to encourage the financial... to meet with the approval of New Democracy’s traditional audience. Although the PM wanted
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Government hopeful of weathering subsidy scandal despite public’s finger of blame
PoliticsGreek Politicsby by-passing the inquiry in order to minimise potentially damaging exposure in the form of media coverage... of the SYRIZA-led coalition and its aims, including speculation that it wanted to take Greece out of the euro
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economyof a temporary instrument, known as SURE, by the European Commission to provide loans totalling up to 100... instruments, consistent with EU Treaties, will prepare the ground for a decision,” the ministers’ statement read. The reference to “innovative financial instruments” is considered by many analysts
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The key points in Greece's new bank recap bill
Economyis allocated among preference shares and other Core Tier 1 (CET1) instruments, Tier 1 instruments, Tier 2 instruments, subordinated debt and senior debt (in this order) with mandatory conversion of those
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Government in race against time to resolve bailout issues
EconomyProgramme, increasing by 3,350 euros for each child. The quadriga criteria would protect around 17 percent... of 2017. The quadriga mission chiefs arrived in Athens on Tuesday evening and are expected to start
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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammeAfter lengthy discussions over the weekend, the key issues remaining unresolved in the negotiations of Greek authorities with the quadriga mission chiefs are foreclosures and management of bad loans... on the NPL sale process. Greek authorities and the quadriga have reportedly reached an agreement
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgramme, implementation and timing of such an instrument for convergence and competitiveness,” said Centeno... there was agreement was enhancing the role of the ESM, both in terms of the “precautionary instruments” at its... of disagreement between member states in recent times. “As regards the instruments for competitiveness
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBanking. However, the official capital support from the HFSF would trigger the bail-in instrument, meaning... capital support instrument bearing an annual coupon of 8 percent, which in NBG case means an interest
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