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Stress mounts ahead of ECB's tests on Greek banks
Economy.” The ECB President Mario Draghi, the European Banking Authority (EBA) Chairperson Andrea Enria... said Barnier and Enria agreed with Hardouvelis but Draghi disagreed. Following Draghi’s negative... at the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgrammein the excise on diesel oil for farmers, tightening the definition of what constitutes a farmer and better... of the privatization plan undertaken by the Hellenic Republic Asset Development Fund (HRADF). Announcement of binding
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Storm fallout sweeps PM to crucial juncture early in second term
PoliticsGreek Politicsto take into account the extra outlay necessary to compensate homeowners, farmer and other businesses... voters’ trust in his administration and finding a way to make meaningful changes that increase
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OPEKEPE inquiry sparks new political clash as despondent public looks on
PoliticsGreek Politics– a Cretan farmer and former New Democracy member nicknamed “Frappé” - will not testify. His refusal..., the headline finding is political mood: 60 pct of respondents prefer political change, compared with 39 pct
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Why Greece’s ‘also ran’ parties are crucial
Agoracontestant run by a farmer in northern Greece called “Independent Innovative Left, Renewed Right... by these small parties totals 5 percent, for example, the winning party would need 38.4 percent to take
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Newsletter 434 - 27/09/2024
a statement by removing the MP, hoping to deter other sceptical parliamentarians from being so outspoken..., but this did not deter the parliamentarian from speaking out again. Speaking to ANT-1 TV on Tuesday.... The sounding shows Androulakis winning a runoff against any of the five other candidates.EconomyData
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek PoliticsAn official visit to Athens by the President of the European Parliament Roberta Metsola gave Prime Minister Kyriakos Mitsotakis an occasion to hit back at the recent resolution passed by European lawmakers expressing concerns about the rule of law in Gr...
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Greek QE eligibility? We're not there yet
AgoraFollowing the European Central Bank’s governing council meeting on Thursday, Mario Draghi provided... funding. Draghi confirmed that the ECB insisted during the last Eurogroup on August 14 that any bail... as counterproductive for the economic recovery as well as harmful for the Greek economy. However, Draghi
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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