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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingnoted the extremely slow judiciary process in Greece as a problem. Piraeus Bank has the highest NPE
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Looking to build on support for relief measures, ND unveils new tax bill
PoliticsGreek Politicsabout. Taxation is considered the fifth biggest problem for the Greek economy after unemployment, tax
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New asylum strategy to centre on relocation to closed camps, enhanced border protection
PoliticsGreek Politicsfor exacerbating the migration problem, and of eastern European states for not accepting refugees
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IMF paper suggests shadow economy still thriving
EconomyFeaturesbe taken to tackle the problem, the IMF noted that the size of the shadow economy has a strong inverse
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Excluded from Libya talks, Athens vows to block decisions that ignore sea border concerns
PoliticsForeign Policyare not discussed as part of the Libyan problem, it could be difficult to annul them in the future. Some
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingto the size of the NPL problem in Greece’s banks, he anticipated that more such schemes would follow
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Athens treads softly as North Macedonia heads to elections and EU mulls accession
PoliticsForeign PolicyAthens is keeping an eye on developments in North Macedonia as Greece’s neighbouring country heads to general elections in April. The problem is that the current interim government is being led by both the ruling SDSM party of Zoran Zaev with the participation of some members of the main opposition
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ND steps up efforts to build island detention centres for migrants
PoliticsGreek Politicschunk of opposition party voters, favour a tougher approach vis a vis migration. The problem
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Government and local authorities reach impasse over migrant centres
PoliticsGreek Politicsapproach. While the government struggles to find a workable solution to a problem that seems to have
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Newsletter 239 -14/02/2020
the government struggles to find a workable solution to a problem that seems to have caught it unprepared
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