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BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBankingbanks securitise NPEs. It adds, that it has set up a dedicated team that is improving its existing... investors and more capital that will set banks in a virtuous cycle of dealing with other challenges
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Learning the lessons of Greece's toxic decade
Agorafor the MoU he had just signed along with a new set of policies, known as Zappeio III. He promised... for elections. Tried and tested formula With the actual election date set for 2019, and needing some time
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New minister sets out plan for addressing migration challenges
PoliticsGreek PoliticsMigration Policy Minister Notis Mitarakis set out these three elements as being at the core... economic migrants are repatriated or returned to Turkey. “Our aim is to set up daily crossings
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Mitsotakis in bid to "square the circle" in EU budget negotiations
PoliticsGreek Politicsas “squaring the circle” between what looks set to be a shrunken budget and Greece’s stated aim to keep its...”. With cohesion funding set for a 12 percent cut, securing this will be an uphill struggle, despite
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Regulatory and legal challenges from the increased penetration of LNG
Legalto the European Union’s effort to achieve the targets that have been set in the framework of its...-discrimination. Therefore, it is necessary to set common goals, procedures and quality standards
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MoF to announce measures for safeguarding businesses impacted by COVID19
EconomyThe government is increasing its measures to limit the economic fallout from the impact of the coronavirus. The first set of measures is expected to be announced on Monday to support business...) has proposed a set of measures to deal with the virus’s impact, especially on small and medium-sized
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Govt steps up policy response, hoping to impede Coronavirus
PoliticsGreek Politicsto set out the measures that his government is taking to protect public health and the economy... payments, as well as tax and social security obligations for a period of four months. A second set
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Newsletter 243 -13/03/2020
increasingly gloomy about the impact of the coronavirus. The legislative act for the first set of measures... in impacted areas that had to close for more than 10 days. The government is working on a second set
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Greece puts crisis management strategy in place as it braces for virus
PoliticsGreek Politicsbe set up if necessary. This is all part of putting the country on a Level 2 crisis footing... to stay home and self-isolate and call their doctor, not the four-digit hotline which has been set up
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Govt ratchets up coronavirus measures, while planning further support for economy
PoliticsGreek Politicsto 200,000 employees could be impacted by the closures, and has set aside 100 million euros in benefits... spending. These include an agreement to be flexible in enforcing the fiscal targets set by the Growth
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