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Spotlight on challenges to labour productivity growth
EconomyMacroeconomya particular model of having attracted global technology companies and high value-added sectors like...’s findings are even more alarming when productivity growth is broken down by the size of the firm
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Tsipras pitch for progressive opposition presents New Democracy with new adversary
PoliticsGreek Politicsthe prevailing conservative model of “authoritarian capitalism” and restore democracy and justice. Tsipras... 74.9 pct against. The findings suggest there is not inconsiderable appetite for a new party
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Tech start-ups click into place to fight off Greek recession
Society, user ratings, car model and on-board amenities. Since beginning its operations in May 2011, Taxibeat... for start-ups to receive European Union funding through the National Strategic Reference Framework... with $100,000 of seed funding. Their software development kit (SDK) is now one of the most popular in the world
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Second review to resume in Athens under severe time pressure
EconomyProgrammemodel that combines flexibility with security, similar to the one in Denmark, which includes... Ministry, which identified labour reforms, the fiscal gap and the funding of the guaranteed minimal... funding, which is foreseen at 760 million. A negative development also emerged after the downward
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What is the state of play with Greek banks?
Economymodel to determine potential additional capital needs. The whole process is expected to be completed..., other cost cutting initiatives, lower funding cost and disposal of non-core assets will also be taken into account. Lower funding cost is the key top-line positive element stemming from the sharp
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Moody's upgrades Greek banks to stable, sees NPLs peaking at 37 pct this year
Economyare progressively transforming the domestic economy from a consumer-led model to a more competitive export... as the key drivers to ease funding pressures and lead to a gradual recovery of the pre-provision profitability in 2015. That said Greek banks have reduced their Eurosystem funding to 19 percent of total
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Further measures to protect and strengthen financial stability foreseen in sMoU
EconomyProgrammein the banking system and to a sustainable funding model for banks in the medium term. Via the Bank of Greece... of recapitalisation and funding for this purpose of smaller, less systemic banks. Bad loans The sMoU is very
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Newsletter 259 -24/07/2020
its troubled development model and to ensure that the necessary funds reach these schemes. Shortly after the EU funding was sealed, the Organisation for Economic Cooperation and Development (OECD... projects Greece might propose for funding. All national plans will have to focus on the green
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NBG results show net profits of 465 mln euros on strong income
EconomyBankingwill be accelerated, as will the implementation of a more agile operating model so as to improve the Bank..., the underlying CoR stood at 97 bps in the first half of the year. Eurosystem funding amounted to 10.5... stable funding ratio exceeded 100 percent, exceeding regulatory thresholds. Capital The CET1 ratio
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PM launches reconstruction plan for disaster-hit regions as SYRIZA walkout spawns new group
PoliticsGreek Politicsfor the creation of a special task force for the reconstruction of Thessaly on the model...’s claims to have secured additional European funding for the measures and earmarked funding
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