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Newsletter 86 - 26/08/2016
at the end of June. The four systemic Greek banks have reportedly approved the rescue plan submitted by Sklavenitis for Marinopoulos, the largest supermarket chain in the Greek market. The restructuring... of a Greek bank into IFC’s trade finance programme. The IFC has an exposure of nearly 600 million euros
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Newsletter 385 - 16/06/2023
minimum wage from April 1. The data captures the improved conditions in the Greek labour market: Since... in the 300-member Greek Parliament. Mitsotakis has warned that third elections could be necessary... and Greek Solution 3.2 pct and 8 seats. The breakdown of support suggests that New Democracy
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Athens aiming to maintain momentum in talks with Ankara, while sticking to basic positions
PoliticsForeign Policyin New York: First, there is a possibility of a final resolution of the Greek-Turkish problems (delimitation of maritime zones) and secondly, Greek – Turkish relations and the Cyprus issue..., while Turkey is pursuing a two-state solution with a de jure division of the island. For Greek-Turkish
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Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
EconomyMacroeconomyby 26.6 percent to 576.1 million in June. The most recent figures released by the Greek Tourism... in receipts can be fully attributed to an increase in foreign arrivals, which went up by 13 percent... arrivals from Germany and France increased at a rate of 14.6 percent and 9.9 percent, respectively
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammeis lower than the price upon the purchase of the property. Other items The omnibus bill also sets..., the rental income that is not collected on time will be taxed upon its collection. The omnibus
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingof up to 120 million euros, which will be subject to meeting agreed upon performance targets... half of 2021, fully offsetting the negative capital impact booked in Q4. Upon completion
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Foreign arrivals push travel surplus up by 6.6 pct in July, average expenditure falls
EconomyMacroeconomy. Meanwhile, revenues from the US declined by 11.2 percent. The most recent figures released by the Greek... by a rise in foreign arrivals, which went up by 10.2 percent during the period to 5.14 million... that arrivals from Germany and France increased at a rate of 13.9 percent and 4.4 percent, respectively
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Latest EC review clears path towards end of enhanced surveillance process in 2022
EconomyProgramme, and the associated debt relief measures, were intended to be completed by mid-2022, with the current Greek... to the Katselis law. Debt The Commission also updated the Greek debt sustainability analysis, where
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
EconomyProgrammeto be delivered by the end of 2021. The report also notes that the Greek authorities have expressed their intention to deliver all outstanding items by mid-2022. One more review is scheduled... was in power. As long as the Greek authorities have shown a good working relationship with the institutions
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Lesvos fire highlights growing threat to government from refugee crisis
PoliticsForeign Policythe increasing problems that Greek authorities are facing in dealing with the refugee crisis, which... because of the lengthy legal process and the reluctance of Greek authorities to recognise Turkey... and poor conditions at the camps on the eastern Aegean island have added to the tense atmosphere
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