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Govt mulls Easter bonus as cost-of-living crisis causes public concern
PoliticsGreek PoliticsWorsening inflation date on the one hand and ebbing polling figures on the other are creating divergent challenges for Kyriakos Mitsotakis’s government, which is finding it increasingly difficult..., which is widely credited with winning Mitsotakis the party leadership and the national elections
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PM accepts economic recovery not being felt by all, argues for more time
PoliticsGreek Politicsof winning the next general elections, due in 2027. A GPO opinion poll for Parapolitika radio indicated..., while two thirds say that they are finding it difficult to cover all their needs. An overwhelming
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Mitsotakis looks ahead to tax tweaks for middle class, welcomes back errant MP
PoliticsGreek Politicsto the PM feel that winning over this group of voters will be the key in deciding the outcome of the next.... Avgenakis returns Given that the government is so focussed on finding a way to rekindle its
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Government fears losing momentum to new Tempe backlash as GSI tensions rise
PoliticsGreek Politicsgeneral elections could be the difference between winning a parliamentary majority or a more... government, which is having trouble not only dealing with Turkey’s objections, but also finding common
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politicsrepresentation system that will award a bonus to the winning party. Unlike the existing system, which... to use a sliding scale so the bonus is linked to the winning party’s performance. “We can’t have a situation where the winning party gets 18 percent and gets the same bonus as it would if it gained 38
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Stress mounts ahead of ECB's tests on Greek banks
Economyat the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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Piraeus port privatisation moves a step closer
EconomyBankingThe deadline for the submission of binding bids for the acquisition of a 67 percent stake in Piraeus Port (OLP) expired on Monday, with the Hellenic Republic Asset Development Fund (HRADF) noting..., press reports indicate that only COSCO submitted a binding offer on Monday. COSCO, one of the largest
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Alpha, Eurobank sign agreement with KKR for management of NPLs
EconomyBankingIn a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding agreement with KKR Credit for the management of credit and equity exposures to a number of selected.... However, the agreement remained on paper with Piraeus noting in April 2015 that the binding exclusivity
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First phase of process to find strategic investor for ADMIE completed
Economyof the process, which includes a due diligence and the submission of binding offers by the end... will announce by October the date for submission of binding offers for the sale of all PPC shares in ADMIE
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Banks focus on defining challenge of reducing NPEs
EconomyBankingby Alpha Bank announcing in March that it signed a binding agreement with B2Holding group for the disposal... of NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers
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