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Greece and lenders make headway on review but labour reforms remain biggest obstacle
EconomyProgrammeof certain tax credits. The GMI funding for 2018 is one of the pending issues related to the Medium... and other creditors. In case their application is approved by 60 percent of creditors, one of the 2,500
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesissue for a country which has refined petroleum and its products as its number one export product... on average able to receive additional income due to the surplus of emission allowances.” One
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Presidential shuttle diplomacy between Athens and Berlin
Agoragovernment in Athens. For one, that Prime Minister Alexis Tsipras clearly articulates Greece’s ownership... of such a road map must take into consideration that debt relief is not a one-size-fits-all measure
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingNational Bank of Greece (NBG) turned profitable again in the third quarter (Q3) of 2016 with a positive bottom-line result of 16 million from losses of 3.06 billion in Q2, which fully reflected a one... 6.1 billion in Q2 to 4.5 billion in November and remains at one-third of the other core Greek banks
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Out-of-court settlement: An important tool to regulate debts to banks and public sector
Legalby the majority of the company's creditors (meaning at least 60 percent), the case will be assigned to one... and freelancers) not falling within the ambit of its application. M&A (www.metaxaslaw.gr) is one
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Pieces of review puzzle yet to fall into place ahead of Eurogroup
EconomyProgrammeissues. One of the main obstacles is the labour market reforms, where a political, rather than... in 2018 is the key area of dispute between the government and the IMF on one hand and the European
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New poll hurts coalition's recovery hopes as Turkey threat grows
PoliticsGreek Politicsincreased two points since last month to 32 percent, while SYRIZA rose by one point to 16. The survey... with the government. Although these figures are between one and two percentage points better than last month
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Newsletter 98 - 02/12/2016
wanted to avoid, and the phasing in of collective bargaining appeared to be one of the options... not be another government of the crisis, but the one that takes the country out of the crisis once
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Cyprus talks resume, putting spotlight on Greece and Turkey amid tension
PoliticsForeign Policyspeculation about how the two leaders agreed to resume talks after the impasse in Mont Pelerin. One.... One possible first meeting to pave the way between Tsipras and Erdogan could take place between
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Liquidity and NPL resolution feature prominently in draft deal between Greece and lenders
EconomyProgrammeThe stability of the financial system was one of the key issues discussed during the two rounds of meetings in Athens between the institutions’ mission chiefs and the government as part of the second... close to 100,000. According to reports, one of the key open technical issues relates to the haircut
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