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  1. Tsipras ponders risking reshuffle to finish review on time, get debt talks going
    Photo by MacroPolis

    PoliticsGreek Politics

    and the government, which was one of Tsipras’s key pledges when he spoke to delegates earlier this month... speculation that he will be one of the cabinet members removed from office in the reshuffle

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  2. NOME auctions as a mechanism to strengthen competition in the Greek electricity market
    Photo via https://flic.kr/p/bwZLC3

    Legal

    / 09.30.2016), makes it impossible to carry out more than one auction in year 2016 for forward physical.... *This article is brought to you in association with Metaxas & Associates: M&A (www.metaxaslaw.gr) is one

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  3. Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE

    Economy

    was one of the 15 prior actions Greece had to implement for the disbursement of the last bailout... discussions with the qualified investors was extended twice by one week with the final date

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  4. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    The funding of the guaranteed minimum income (GMI) emerged as one of the most contentious issues in the first round of discussions on the second programme review between the Greek government and the institutions’ mission chiefs. One of the prior actions of the second review involves the launch

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  5. Houliarakis provides clearest view so far on Athens's debt relief expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    one year. The basic European Stability Mechanism (ESM) scenario, without any debt relief measures... narrow tax base, will have to be addressed. This is one of the most balanced statements on the debt

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  6. OECD proposes ways to improve competition, estimates positive economic impact at 414 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    , which currently foresees only one market in Athens, Thessaloniki and Patra, is outdated and should... more flexible to allow for the establishment of more than one economic unit within the same

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  7. Government steps in as NBG row takes new twist
    Photo by MacroPolis

    EconomyBanking

    Just one day after the election of the new chairman at the National Bank of Greece (NBG), which was seen as providing respite in the recent dispute between the NBG top management and the bank’s major... as the new non-executive chairman with twelve BoD members voting in favour of his appointment, while one

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  8. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    one week and concluded on October 27. The Greek government is hoping that the second round... model that combines flexibility with security, similar to the one in Denmark, which includes

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  9. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016 from 46.2 million in the previous quarter. Q3 bottom-line results include a one-off gain of 55 million... 2017 with 2-3 large corporate NPLs. According to market sources, another one Greek bank (Piraeus

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  10. Greece, lenders inch forward after talks on settlement of tax and bank debt
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    be written-off. According to Economy Ministry sources, one or two meetings of the technical delegations may... the imposition of the single property tax (ENFIA) in four areas of the country (three in Attica and one

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