Search
-
Tsipras mixes rhetoric as review conclusion demands political decisions
PoliticsGreek Politicsthere was a much more confrontational atmosphere. The issues that need to be settled have... domestically. Whether the ECJ’s decision will help resolve this issue in the review talks is difficult to say as it appears to support the Greek position that collective dismissals need to go through some kind
5% -
SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicsnotes that if Greece exits the programme successfully in the summer of 2018, possibly with the help... will not need to provide any funding. The political secretariat was very clear in its statement after Tuesday.... It appears that there are 10-15 out of 140 that still need to be wrapped up, mainly relating to pension
5% -
Early banks stress tests offered as Greek programme compromise
EconomyProgrammeto Greece’s programme, which was the dispute over whether Greek banks need another round of asset quality... before Greece exits its programme next August to ensure that the banks do not need another round... but it appears that Greece’s European lenders believe that this gesture will help overcome what appeared
5% -
Whether an "early" or "clean" exit, it's the same old story for Greece
Agoraa certain win for New Democracy in the next elections but it may help restore his reputation... government intended to leave the second bailout before it was due to expire. “We need to become... any discussion about what specific actions need to be taken after the end of the bailout to address
5% -
Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturesevaders, and money launderers who may need new identities or bolt-holes on short notice,” the report... the source of their funds, while “golden visa” applicants only need to demonstrate adequacy of funds... in operational and in financial terms. On the operational side, there would need to be a step change
5% -
Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politicsthat, you know, the need to shift to a more growth friendly, actually more socially inclusive fiscal... help to reduce the high tax burden,” added Rice, emphasising why the IMF feels that the government... finances or on whether the pension cuts need to be implemented or not. The European Stability Mechanism
5% -
Fears and reassurances over PPC's dire finances
EconomyFeaturesare expected by May 28. McKinsey plan It has been known for a while that PPC has in desperate need.... The leaked details sent the company’s share price tumbling, stating it would need to make a serious and drastic investment in RES and that prices would need to be raised. Sounding the alarm over bad
5% -
Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammebackward-looking basis with additional fiscal costs going forward,” he said. “Planning ahead would help... materialise.” Dolman also highlighted the need for further labour and product market reforms. “In the labour..., stressed the need to focus on the medium- and long-term, rather than “short-term popular measures
5% -
BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBanking. However, in the event of losses, there is a certain portion of these that need to translate... need to reduce the stock of NPEs in a systemic way and BoG welcomes the agreement with the EU’s competition authorities on an Asset Protection Scheme (APS) that will use state guarantees to help
5% -
Greece gears up to secure slice of smaller tourism pie this summer
PoliticsGreek Politicsadministration has lined up to help the sector, as well as what kind of health protocols will be in place... begin to open by mid-June. Travellers will not need to be placed in quarantine and will not be obliged... indicated that it will need further state support in the coming months despite claiming coronavirus
5%