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Erdogan visit leaves Athens with much to ponder, no visible signs of progress
PoliticsForeign Policynew, as talks on CBMs date back to 1988, when there was a binding agreement between the then-foreign... considering changing the way Muftis are elected. Military officers Turkey's President may have called
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Eurobank first to tackle NPL reduction via APS
EconomyBankingand the Cairo securitisation mezzanine note following Eurobank’s call for binding offers from... for all of its senior-issue securities, changing its mix of securitised loans. In particular, it has
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How Greek banks moved into a new era
Agorawas estimated at 5.8 billion under the binding baseline scenario and at 8.8 billion under... million, the other three banks posted net losses ranging from 94.1 million for Alpha to 246 million
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicsand protective measures. While the guidance issued was non-binding, it sets the baseline for member-states... also been negotiating more broad-ranging deals with a set of countries within and beyond Europe
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Newsletter 314 - 29/10/2021
22, Alpha Bank announced the binding agreement with Davidson Kempner (DK) for the Cosmos... ranging from mortgages to consumer loans and the deal sees the sale of 51 pct of the mezzanine
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Machinations give both coalition and SYRIZA hope of winning presidential vote
PoliticsForeign Policy. In such circumstances it could not be ruled out that the party’s deputies would move en masse to back
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Athens prepares new primary residences proposal after finding common ground with banks
EconomyProgrammeThe Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides ...
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Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
EconomyFitch got the schedule of rating reviews in the new year underway with an upgrade of Greece’s outlook to positive from stable, while it reaffirmed the rating at ‘BB’. Fitch was the first agency to upgrade Greece’s rating to ‘BB’ back in January 2020, ju...
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Changes to energy subsidies aimed at winning over middle class
PoliticsGreek PoliticsStressing that the energy crisis is an exogenous shock to Greek households and arguing that the European Union has failed to react decisively enough, Prime Minister Kyriakos Mitsotakis outlined on Thursday the latest package of measures his government w...
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PBO sees 2024 growth of 2.5 pct hinging on RRF and investments
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) published on Monday its latest quarterly report in which it is broadly positive about the prospects of the Greek economy in 2024, though it does flag up concerns about the effects of persistent inflation, the implic...
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