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Inauguration of TAP pipeline project offers investment, diplomatic boost
PoliticsForeign PolicyThe signing of the agreement for the construction of the Trans-Adriatic Pipeline (TAP) in Thessaloniki marks a significant moment for Greece in diplomatic and investment terms. Prime Minister Alexis Tsipras will inaugurate the project, which will be attended by delegations from all the involved
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Tsipras seeking repeat of full support from coalition MPs in upcoming bailout vote
PoliticsGreek PoliticsMinisters are due to begin on Wednesday the effort of ensuring that all government MPs will support the multi-bill due to be submitted to Parliament by the end of the day. Finance Minister Euclid Tsakalotos and Alternate Finance Minister Giorgos Houliarakis are due to brief SYRIZA lawmakers
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Industrial turnover drops 12.7 pct in March, energy plummets 27 pct
EconomyMacroeconomyof 12.6 and 19.7 percent respectively. All main industrial groupings headed south in March
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Coalition under fire over multi-bill but aiming to stay united for vote
PoliticsGreek Politicsto the one on the last set of measures, when all 153 MPs from SYRIZA and ANEL supported the reforms
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Fifth of Greeks say they would welcome refugees into their homes
Societyrenowned strategy consultancy GlobeScan, ranks 27 countries across all continents based on people’s
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Eurogroup sets conditions for disbursements totalling 10.3 bln to take place
EconomyProgrammeto the protection from sales until the end of 2017 of all loans guaranteed by the state, which would have
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingreflects a negative formation of around 70-100 million across all lending segments. At the same time
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Newsletter 75 - 27/05/2016
topic in Germany ahead of next year’s elections. The Eurogroup statement ticked all of these boxes
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NPL resolution in Italy and Greece
Agoraon repossessions (which all governments have supported since 2008) and transferring the problem
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomyof the flash estimate. All key GDP components fell QoQ. The most significant drops were seen
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