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Government presents rail safety improvements as ex-ministers face possible Tempe inquiry
PoliticsGreek Politicsconference, where Alternate Transport Minister Konstantinos Kyranakis set out a range... identified the improvement of rail safety as an urgent matter for his government. Mitsotakis set 2027... procedure now is for Parliament to hold a vote on whether to set up a preliminary investigation, whose
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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politicsin the converted university conference venue which had been set up to house the proceedings. The court is set to call 350 witnesses in the presence of up to 200 lawyers, and the Justice Ministry spent..., describing the set-up as the latest step in a government cover-up. Course for Freedom leader Zoi
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PM paves way to elections with three-year growth plan as ballot speculation simmers
PoliticsGreek Politicsto plan development policy over the term of the next government term. The funds are set to target... estimated to be in excess of 1 bln euros. Mitsotakis himself is set to determine the allocation... the "ungovernability" dilemma set repeatedly by Mitsotakis and discourage casual voting, potentially avoiding
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Greece and the euro: The flight of Icarus
Agoramanagement team but instead got a set of politicians that flew even closer to the burning sun. 2004... in Greece and salaries for under-25s are actually set below what is considered to be the poverty line... this, with the younger members of its society being the ones who set aside the folly and failure
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomy. On the debt front, gg debt is set to slightly ease to 320.0 billion (174.8 percent of GDP) in 2014 from... percent stake in DESFA to Azeri SOCAR (188 million). The target for 2014 was set at 3.56 billion without... to Athens in early December with the target set by both sides to reach a final agreement until the next
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politics. The first set of prior actions are: 1) adoption of outdoor trade law 2) adoption of investment.... The second set consists of: 1) adoption of the necessary legislation to merge all... to tell his eurozone counterparts on Thursday that the first set of prior actions will be completed
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomytax debt of 1 billion by the end of June. The same target of 1 billion has also been set... taxes due, underperforming the full year target set at 50 percent. On tax audits and collections... temporary audits correspond to 73.9 percent of total. The full target is set at 65 percent, implying
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomythat the first-half target of legacy debt collections of 1 billion set by the Ministry of Finance (MoF... year, the target has been set at 25 percent, with the year to date rate at just over half the target... a weak performance in July, yet they remain well below the annual targets. Those targets were set
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ECB stress tests and what they will mean for Greek banks
Economyprovisions. A capital benchmark of Common Equity Tier 1 (CET1) of 8 percent was set for this pillar... was set at CET1 of 8 percent for the baseline and 5.5 percent for the adverse scenario. The aggregate... on banks’ static balance sheet at the end of 2013. However, the ECB is due to release another set of data
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Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek PoliticsFund in March. Beyond that, Tsipras stuck to his pre-election line, as set out in the Thessaloniki.... Tsipras also set out plans to tackle corruption and tax evasion but did not provide great detail..., starting with Wednesday’s extraordinary Eurogroup. Negotiations Many of the measures set out
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