Search
-
PM pledges handouts amid discontent and gripes over coronavirus strategy
PoliticsGreek Politicsreached 310. Mitsotakis’s chief of staff, Akis Sketsos, indicated that the government will monitor
8% -
Athens buoyed by content, mood of Mitsotakis trip to Washington
PoliticsForeign Policythe world's longest submarine power cable (310 kilometres (190 mi) from Israel to Cyprus and 898
8% -
Amid flare-up with PASOK, Tsipras makes plans to govern
PoliticsGreek PoliticsSYRIZA leader Alexis Tsipras has sparked a new war of words with PASOK after saying that Socialist MPs who quit their party would be welcomed by the leftists but the row has overshadowed his attempt to set out – albeit sketchily – what he might do in hi...
7% -
Tsipras makes unpopular choice for president, with eye on political balance
PoliticsGreek PoliticsIn a somewhat controversial choice, Prime Minister Alexis Tsipras chose former Interior Minister Prokopis Pavlopoulos as his party's presidential candidate yesterday. There was a mixed reaction in SYRIZA's parliamentary group when Pavlopoulos, a New Dem...
7% -
Greece makes new proposals in search for deal acceptable to lenders and MPs
PoliticsGreek PoliticsGreece submitted some updated proposals to its lenders on Tuesday in the hope of breaking an impasse in bailout talks ahead of a planned meeting between Prime Minister Alexis Tsipras and other European leaders on Wednesday. Although unnamed European Uni...
7% -
EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
EconomyThe European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM). The document showed that due to the strong deterioration of Greece’s economic and fina...
7% -
Tsipras makes move to trigger swift elections but opposition stands in way
PoliticsGreek PoliticsAlexis Tsipras resigned on Thursday night to pave the way for snap elections but the opposition parties indicated that they would do their utmost to ensure that he does not have things his way. In a televised speech, Tsipras claimed that the mandate he ...
7% -
Alpha makes 1.09 bln bond swap offer to boost capital
EconomyBankingFollowing Piraeus Bank a few days ago, Alpha Bank announced on Wednesday a voluntary exchange of 1.09 billion euros (nominal value) outstanding bonds. The offer involves 985 million euros in senior debt, 70 million subordinated debt and 31 million hybri...
7% -
Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBankingEurobank became on Thursday the third Greek bank to announce a Liability Management Exercise (LME) involving a voluntary exchange offer for a total nominal value of 877 million euros in outstanding bank bonds. The offer relates to 532 million senior bon...
7% -
Beleaguered coalition makes quick attempt to dampen offshore controversy
PoliticsGreek PoliticsFollowing an all-round negative reaction to a provision that appeared to relax the restrictions on politicians and public officials being involved in offshore firms, the government attempted on Wednesday to restore the damage done to its reputation by m...
7%