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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeGFN to GDP is expected under 10 percent until 2023 and 20 percent until 2040 increasing to 24... assumptions of the European institutions which foresee a primary surplus of 3.5 percent of GDP until 2028... grace extensions until 2040, which means an extension of the current grace periods from 6 years
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammefrom sale until the end of 2017 loans secured by primary residences with an objective (used for tax... with a binding timetable on a comprehensive mechanism of effective management of private debt. In addition..., which signed a binding agreement with KKR Credit for the management of 1.2 billion corporate NPLs
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Newsletter 113 - 31/03/2017
government officials stressed that, until the missions had returned to the Greek capital and an SLA... consenting to the proposed debt restructuring. Three binding offers were submitted for the acquisition... investment groups that have tabled binding bids. One the biggest stumbling blocks to have emerged
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Athens facing final steps in third review as next milestones identified
EconomyProgrammeprimary surplus until 2022) are not at risk and that structural reforms do not stop. According..., the completion of the tender for gas grid operator DESFA (the deadline for binding offers is February... with binding targets for employment, growth and fiscal discipline. If eurozone finance ministers give the green
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBankingmillion euros. This was being postponed until more favourable market conditions manifested. The bank might... indicates that non-binding bids must be received by December 10, and binding bids by the end of February
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Newsletter 193 -08/02/2018
on the lenders’ side about Athens’s decision to extend for another six months, until the end of June... received one binding offer for the Melitis unit in Florina from Mytilineos which was reporte five times... in a binding offer for either unit after deciding that the structure of the deal and the share purchase
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Move to legislate on climate change offers opening to bolster environmental laws
PoliticsGreek Politicsabuse to retain custody of their children until they have been convicted by a court of first... of binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed... binding emissions targets for the country as a whole and for the public sector, as well
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SYRIZA's coalition options scrutinised as Tsipras remains focussed on first place
PoliticsGreek Politicsthat New Democracy’s position is to want to hold repeat elections until the conservatives gain... with other parties before a second ballot, where the winning party will gain a bonus of up to 50... that Tsipras has to talk publicly about winning the next elections and leave others to float ideas about what
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Our most popular stories in 2014
Agorathe state. Also, until now, there has been no safety net for the self-employed, who make up about 25... of homes being rented by owners to others for no fee. Another interesting finding relates to the area... on Greek society. An increasing amount of Greeks are finding themselves socially excluded. According
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Search for solutions, not scapegoats in EU's refugee crisis
Agoravalid. Certainly until a change of minister and approach in August, when Mouzalas replaced Tasia... refugees and migrants arrive on its islands to prevent them simply moving on en masse to other... in the hope of finding security, employment and welfare in a prosperous, democratic and socially liberal
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