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Ambitious privatisation targets will test government's resolve
Economywill be updated on a semi-annual basis. 2) Announce binding bid dates for Piraeus (OLP... winning bidder. 4) Conclude around 20 selected pending actions – not specified – that have been
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Piraeus eyes major NPE deal as banks remain focused on bad loans
EconomyMacroeconomythe two contenders, submitted non-binding bids which are being evaluated by Piraeus Bank. The preferred... to be dealt with in tranches by the winning bidder, while at the same time manifesting positively
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Newsletter 189 -11/01/2018
consortium, allegedly the two contenders, submitted non-binding bids which are being evaluated... leave the bad loans to be dealt with in tranches by the winning bidder, while at the same time
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingstrong interest. The portfolio contains around 2 billion euros-worth of housing loans. Non-binding... by the winning bidder, while at the same time manifesting positively on the bank’s bottom line. BoG plan
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Simple majority for new electoral law, which threatens future complications
PoliticsGreek Politicswould lead to the abolition of the 50-seat bonus for the winning party, will not be implemented until... any kind of bonus to the winning party is a recipe for political instability. Simulations of previous... that the lack of a bonus for the winning party would make it much more difficult and complicated
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An issue of statistical significance in Greece
Agoraof Costas Karamanlis submitted the 2009 budget to Parliament. It estimated growth of 5.9 percent of GDP
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In hindsight it would have been nicer
Agorabefore interest payments) of 2 percent of GDP, as the troika has estimated. Even in nominal terms
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For Stournaras, it's out of the frying pan and into the heating oil
PoliticsGreek Politicssmuggling, which was estimated to be worth 600 million euros a year in Greece. However, the hike led
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How Greek banks could cut 2014 financing gap with a bond rollover
EconomyIn an interview with Naftemporiki daily on October 14, Greek Finance Minister Yannis Stournaras identified two key sources that could reduce – if not eliminate – the emerging funding gap as of July 2014, currently estimated at 10.5 – 11.0 billion euros. Both solutions involve rolling over of Greek
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EU Task Force sees improvements in Greece, tends to damaged ties
PoliticsGreek Politicsin Greece’s economy. It is estimated that between 2000 and 2009, Greece’s GDP grew by an extra 1.6
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