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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBankingquarter and 510 million in the same quarter of 2020. “One-off” items and provisioning, including those
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Parties gear up for confrontation over labour bill
PoliticsGreek Politicsopposed to the idea of overtime being rewarded with extra days off, rather than extra pay... to the 8-hour working day being scrapped and has presented the clash over the draft law as one between
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Newsletter 301 - 18/06/2021
Labour reforms adopted amid outcry PM dismisses opposition’s united criticism, portrays unionists as stuck in past One of the landmark bills of this government’s term in office was passed this week... that Covid-19 crisis forced Mitsotakis to implement redistributive programmes, but that as these tail off
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Pandemic surge creates fresh political and economic doubts
PoliticsGreek Politicsin the number of Greeks coming forward to get their first vaccine. One of the methods the government... be allowed to take off their mask for a while if they are not in crowded areas. Economic impact
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ECB clears banks after stress tests, approves change to DTCs as momentum builds
EconomyBankingof the regulatory capital base. Based on the regulation to date, when in one fiscal year banks booked... shed around 40 billion euros off their books via securitisations, banks have more flexibility
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Price hikes pose fresh challenge for government
PoliticsGreek Politicsto economic policy. He argued that by standing off, the government had allowed cartels to emerge... is likely to be limited. One of the interventions being discussed is to allow a wider section of society
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societyand even requiring one of the lignite stations on the verge of decommissioning to be pressed back... of strategic goals and timelines cannot be far off. These emerging trends make it almost inevitable
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politicsthe weekend, the government is also exploring the option of handing out a one-off payment
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Newsletter 312 - 15/10/2021
that there has been insufficient time since August for this initiative to start paying off... package compared to the one that the Prime Minister presented at TIF last month and is already eating up
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Govt responds to report on deadly incident with tougher policing measures, as critics call for rethink
PoliticsGreek PoliticsThe official report into an incident in which police fired shots at a fleeing car, killing one occupant and injuring another following a high-speed chase, has prompted the government to announce... inaudible during the chase, when the control centre issued repeated orders calling off the pursuit
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