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Newsletter 370 - 17/02/2023
on favourable terms. According to the details given by Finance Minister Christos Staikouras, one million... a recent warning about the introduction of new schemes with favourable terms to repay tax debts... after the first ballot, seeking instead to battle it out in a second ballot, where the winning party
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Far-right party banned, possibly reducing threshold for election majority
PoliticsGreek Politicsthat intend to back SYRIZA. This suggests that the two main parties have little to gain in terms of votes from the ban on Ellines. The far-right party’s exclusion will be much more impactful in terms... it into Parliament, the lower the threshold needed for the winning party to gain an outright majority
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Newsletter 379 - 05/05/2023
that the two main parties have little to gain in terms of votes from the ban on Ellines. The far-right party’s exclusion will be much more impactful in terms of how it may affect the threshold needed... below the 37-38 pct that most pollsters expect the winning party to need based on the scenario
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Local elections in Greece a precursor of European vote
PoliticsGreek PoliticsIn terms of the country’s key governorships, New Democracy could also be on course for embarrassing... round will be a significant achievement for the opposition, in public relations terms if nothing... referendum on the proposed privatisation of the local water company, EYATH. Although the non-binding vote
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Some snags remain in discussion with lenders over new privatisation scheme
EconomyProgrammeairport). Specifically, the Greek authorities pledged to announce binding bid dates for OLP and OLTH by the end of October as well as for TRAINOSE with no material changes in the terms of the tenders... at the current terms with the already selected bidder (a consortium led by German firm Fraport). According
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgramme(operation and management of railway activities) will proceed without any change in the tender terms. The privatization of the regional airports will also proceed under the current terms and the selected... of the privatization plan undertaken by the Hellenic Republic Asset Development Fund (HRADF). Announcement of binding
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgrammemanagement terms. Banks The new government has to imminently take all the necessary decisions... with equivalent results in terms of competition and prospects for investment. Privatisations... of October binding bid dates for Piraeus and Thessaloniki ports as well as for TRAINOSE (operation
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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBanking, probably on the same date. It is expected that the terms of the capital increases would... accordingly banks’ capital base, subject to the exchange terms and conditions....-plus-baseline capital needs and the higher figure that would stem from the adverse – possibly binding
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeis provided by the government with equivalent results in terms of competition and prospects for investment... implications There are two major challenges for the government in terms of the significant interventions... and consortiums qualified to participate in the second phase, which involved the submission of binding offers
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Review set to resume in Athens as debt talks drag on
PoliticsGreek Politicsneed a package that’s credible, both in terms of the policies and in terms of the debt relief needed... coming up in September. As far as Greece is concerned, a clear and binding commitment to making
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