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Tsipras confounds expectations, creates new doubts by reviving coalition
PoliticsGreek Politicsabandoned and Tsipras reached out to Kammenos. The renewal of their alliance has certain advantages... to the third bailout. · Another potential plus is that some of the previous ministers will return... potentially complex talks with parties he has not worked with before, also cutting down on the time
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Privatisation chief sees gradual progress but revenues remain unclear
Economyplus Deutsche Invest Equity Partners, Duferco Participation Holding (Luxemburg), Mitsui & Co (Japan... with the preferred bidder will examine potential improvements to the agreement that has already been... has no official information on this issue. According to the latest official announcement
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Coalition in rush to wrap up pending bailout issues
EconomyProgramme, nuisance taxes and minimum prices for generic drugs. Another key issue that has to be resolved... to Kathimerini, an unnamed European official said on Wednesday that as long as Greece has implemented two... disbursement of both the sub-tranche of 1 billion plus the all-important 10 billion for bank
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NBG strengthens capital at deep discount, falls short of initial target
Agora. The bank said it has raised a total of 1.17 billion euros so far, including the outcome... under the baseline and at 4.48 billion under the adverse stress test scenario. Summing up, NBG has... the LME (111 million) plus the 197 million US preference shares will be bailed-in, resulting
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Greek women in crisis
Agorafrom all public documents. The coalition has a greater commitment to battle discrimination against... in Crete and for the last 5 years, has been caring for an elderly lady of 90 years old. She gets paid 450... of 10 months of maternity leave (the 4 months plus the 6 provided by the state). A few years later
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Proportion of Greeks willing to emigrate for work triples in two years
SocietyA survey by Adecco has revealed that as many as one in three Greeks are looking for job... for. It revealed that since 2015, the percentage of people looking for work abroad has tripled from 11 percent... were the wider opportunities available plus better working conditions. At the time of the survey, over
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBanking, the NPE stock has to be reduced by another 1.7 billion across the remainder of the year. Management... exactly on target. For the full year, the bank has set a target of 17 billion euros, meaning... financing, plus lower contributions from brokerage and asset management. Recurring operating expenses rose
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingof its ongoing strategy to de-risk its balance sheets and reduce bad loans, Alpha Bank has a portfolio... this year, plus spread reduction, also contributed negatively by 28 million euros. On a positive note.... Since Q1 2017, overall Eurosystem funding has declined by around 9 billion euros. The decline
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Changes to primary residence protection proposed in bid to draw more applications
EconomyFeaturesin a different city due to their work, plus cases where the property has more than one owner.... The protection scheme has an annual budget of around 132 million euros and carries a number... banks. Greece has faced an obligation from its lenders to create a new insolvency framework that also
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Tsipras picks holes in ND approach, unveils own spending proposals
PoliticsGreek Politicsare on the rise, the opposition has also been under pressure to present concrete alternatives... for the duration of the pandemic crisis to cover all contributions plus 40 percent of workers’ salaries... of international institutions. “Even (ECB President) Lagarde has urged governments to spend,” he argued
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