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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgrammethat the government will be able to make available more than the 47 million euros set aside... for the controversial special consumption tax on wine to be scrapped from January 1. A provision was also added
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingthat it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had.... Both have set aside larger amounts of capital for provisions which they are interested in using
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EC report notes economic imbalances and outlines remedies
Economyremains weak. In 2017, the current account balance recorded only a 1 percent deficit. However..., alleviate disproportionate restrictions to regulated professions, open up the energy market, set up
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgrammebillion euros in debt relief. Greece was meant to have completed a specific set of reforms as part...’ worth of benefits and for 219 households payments will begin as of March 1. The total monthly cost
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Piraeus Bank issues Tier II bond to strong demand
EconomyBankingby Goldman Sachs International and UBS Investment Bank. The coupon of the issue has been set at 9.75... contains properties worth around 1 billion euros. This deal was seen as a precursor to the issuance
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ND maintains big lead but keeps foot down to counter possible low turnout
PoliticsGreek Politicsthat Mitsotakis has ruled out working with SYRIZA, his sights are set on gaining a parliamentary majority... that was due to take part between the party leaders on July 1 as Alexis Tsipras will have to attend
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Greek banks maintain focus on key areas as elections approach
EconomyBanking, and their activities in the next 40 days will set the stage for the rest of the year. The National Bank... worth around 1 billion euros. The administrative procedures to complete the deal are currently
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PPC, Hellenikon present government with first test of problem solving mettle
Economy, and the company made a loss of almost 1 billion euros last year, a financial performance... no investor interest, a second attempt at the tenders on Monday looks set to also fail. It’s early days yet
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New Democracy starts rolling out its first three bills
PoliticsGreek Politicsthat it should become law by July 31 or August 1. The other draft laws are due to be passed by August 8... achieving the goal he has set out. There will be more actions, though, to come, particularly
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Mitsotakis takes growth message to Thessaloniki, keeps eye on bond profits
PoliticsGreek Politics1 billion euros. On the back of these developments, Mitsotakis will head to the Thessaloniki Expo on Saturday to set out his government’s plans for expanding the economy. He is expected to announce
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