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Promises and challenges of Greece's "green new deal"
EconomyFeaturesof natural gas for heating and electricity has been in progress since the 1990s and is set on a path..., known as the Feed-in Premium, is more cost-effective and adapts to the changing costs... survey thought it was important for the government to set ambitious renewable energy targets
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Newsletter 356 - 21/10/2022
November, though. The Finance Ministry already has 1 billion euros set aside for any energy needs... majority. This would certainly be the case in the first electoral contest which is set to be held under... share, a premium from the 1.2 euros closing yesterday. The current holdings HFSF has in the Greek
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set... the implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs are due to visit Athens next week to discuss with Greek authorities the second set of milestones
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Review set to resume in Athens as debt talks drag on
PoliticsGreek PoliticsMinistry official, who told local media that discussions on debt relief are set to continue... of capital controls. He also suggested that the set of reforms currently under discussion are only... is set to be realistic. This issue is inextricably tied to debt relief and Lagarde made it clear
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Lenders set out post-MoU framework with aim of securing reforms
EconomyProgrammeDetails of the post-programme framework that is set to be agreed at Thursday’s Eurogroup, ensuring... in Kathimerini and Bloomberg set out the details how the enhanced surveillance will be structured and what... by the end of 2020 and set up at least 240 primary healthcare units during the same period. Centralised
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgramme) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off. Additionally, two... unified pension fund (EFKA) is expected to be fully set up by mid-2020, while reforms in the health care
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Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek Politicsministers set to meet on September 9 to discuss bloc-wide interventions, the government in Athens... leading up to the TIF announcements, however energy is set to absorb the lion’s share of spending.... Meanwhile, government sources say the PM intends to set the tone by emphasising the unprecedented
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Greek bank capital increases: A breakdown of what has been achieved
Economy. The issue price of Alpha’s last capital increase stood at 0.65 implying a premium of 48 percent... a discount of 50 percent on the weighted average share price of the last 50 sessions. This process was set... totally for Eurobank, whose capital needs were set at 2.95 billion, and to a lesser extent for NBG, which
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NBG boosts capital base by selling total stake in Finansbank
EconomyBankingat a premium to the current market valuation of 0.8x for Finansbank’s Turkish peers. The transaction...-provision income (PPI). In addition, the group’s net loans are set to decrease by 17.5 billion euros to 46.3 billion after the transaction, while deposits are also set to be reduced by 13.9 billion to 41.9
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeframework. During this two-month extension, a new scheme was set out. Its main principle is to offer..., which is reported to be 250,000 euros, the outstanding amount of the loan, set at 130,000 euros... of the property value, lower interest rates with a 2 percentage points (pps) premium over Euribor
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