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Last-minute labour amendment, university asylum law fuel political row as third bill passes
PoliticsGreek Politicsemployees’ compensation rights. Also, firms are no longer responsible for ensuring that sub-contractors abide by labour regulations. The sub-contractor is responsible for ensuring workers’ rights...-contractors they use and employees having the right to take legal action against employers even
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Industrial production rebounds by 6.8 pct in October
EconomyMacroeconomyproducts (+34.7 percent), other non-metallic miner products (+23.4 percent) and fabricated metal
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Is a lack of spending hampering Greece's firefighting capabilities?
Society. But how big a role did austerity play in bringing about last week’s tragedy? And to what extent... compared to some of the more obvious factors at play, such as poor coordination and unregulated..., which contribute seasonal contractors to the fire-fighting effort, have also enjoyed a greater
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NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
EconomyBankingwill live up to its history and play a critical role in supporting the economy and the society... through lower redefaults and higher curings. Overall, the domestic NPE stock came to 10.8 billion
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Tsipras travels to China hoping to fulfil ambition of closer Sino-Greek ties
PoliticsForeign Policyof Chinese companies operating in Greece, including COSCO, Huawei, ZTE, and Air China point
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What is the state of play with Greek banks?
EconomyHaving suffered huge losses due to the PSI last year, completed a series of M&A that reshuffled the domestic banking landscape and successfully recapitalised in June, Greek banks remain at the forefront of domestic corporate developments. Their stock pe...
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Greece steps up efforts for early bailout exit but lenders play it coy
PoliticsGreek PoliticsGreece stepped up on Sunday its efforts to pave the way for an early and clean exit from its bailout programme at the end of the year but, as Greek officials admitted, all the options are still open. A Greek delegation led by Finance Minister Gikas Hard...
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The state of play with Greek banks' liquidity
EconomyThe ECB is expected to decide on Wednesday, February 4, on the extension for another 2 weeks of Greek banks’ access to Emergency Liquidity Assistance (ELA) funding. The request submitted by the Bank of Greece (BoG) was initially approved on January 21 f...
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As Greek deadline looms, this is how the next days could play out
EconomyProgrammeThe Greek Prime Minister Alexis Tsipras meets with the European Commission President Jean Claude Juncker, the ECB President Mario Draghi and the IMF Managing Director Christine Lagarde in Brussels at noon in a last-ditch effort to bridge the differences...
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammeThe multi-bill approved by Parliament on Sunday evening details, among others, the legal framework for the management and sale of performing or non-performing loans (NPLs). The new framework excludes from sale until the end of 2017 loans secured by prim...
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