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Banks reveal new capital structures, ex-bondholders sell shareholdings
Economypercent closing at 0.99 euros slightly below the offer price of 1 euro.
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set of milestones so it can receive the next sub-tranche of 1 billion euros, an EU official told Kathimerini on Thursday. The most difficult issues included in this list relate to the settlement of non
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BoG report highlights need for programme implementation, political consensus
Economyinvolve: 1) Addressing the issue of NPLs that would ease the burden on cooperative borrowers and enable
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Greece seeks EU help on refugees after Schengen threat but big challenges remain
PoliticsForeign Policythree actions to satisfy EU demands: 1) It activated the European Union Civil Protection Mechanism
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Greek teachers low paid, but work shorter hours in smaller classes
Society’s primary teachers are aged 50 and over while less than 1 percent are under 30. Only Italy had
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Industrial production back on downward trajectory with 1.9 pct drop in Oct
EconomyMacroeconomy) and intermediate goods (-1 percent). Consumer non-durables was the only grouping displaying a marginal rise
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Building activity down by 3.5 pct in Sept for third straight fall
EconomyMacroeconomypercent in 2015, 5 percent and 1 percent in 2017 under the baseline stress test scenario. Housing
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Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek PoliticsGreece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds. There was a compromise between the coalition and the institutions on the most politically sensitive issues
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeThe government tabled in Parliament on Saturday evening the multi-bill containing the prior actions demanded by the institutions for the disbursement of the next sub-tranche of 1 billion euros. The draft legislation does not include the privatisation of the electricity transmission company ADMIE
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Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsinstalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension
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