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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammethat Greece “has progressed well in implementing its specific reform commitments for end-2019... in the business environment. Greece also has a set of continuous commitments that include critically...-enhancing, agreed investments. For this year, Greece has committed to a 3.5 percent of GDP agreed fiscal
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Sealing our borders, closing our minds
Agorachallenge it has created. We can decry Erdogan’s tactics but the fear, division and cynicism with which the EU has addressed this issue over the last few years has handed the initiative to the Turkish... last summer. He has also faced resistance on the mainland to the idea of creating reception centres
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After the tweetstorm - Tracing the course of #IStandWithGreece
Agorathe attacks we received at Evros”; “#IStandWithGreece has reached Greek trends”; “Guys, I have no words... active account @mercina18, which was opened in March 2020 and only has 2 followers. Monday, March 1.... Several regional accounts of the German AfD party have also tweeted using the hashtag, as has Nick
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Eurobank net profits at 256.7 mln in 2019
EconomyBankingsecuritisations of varying size and loan types which the bank has classified as Cairo I, II and III.... The bank has secured the minimum ‘BB-‘ credit rating, which is a prerequisite of participating... for the full year. Eurobank noted that it currently has around 5,200 properties under its repossessed real
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Newsletter 243 -13/03/2020
a period as possible, thereby avoiding the kind of outbreak that has overwhelmed public health systems... the government has already taken in this direction, such as closing schools and offering parents emergency leave... for worshippers to take part. Mitsotakis told viewers that he has felt the need to call on his faith
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Economic sentiment at 109.4 in March
EconomyMacroeconomy, the EEI has improved by 7.1 points. Additionally, compared to March 2019, the ESI has increased... has shown an improvement of 15.1 points. During March, deteriorations were noted in most underlying...-on-year, industry confidence has risen by 5.3 points. The services index decreased by 7 points month
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A sudden turnaround that could lead to sharp shock
Agoraand products, has come to a stop. On March 22, the government announced a complete lockdown that limits everyone’s movements to the bare minimum. The Finance Ministry has announced measures to support.... Investments have dropped to 12 pct of GDP. The trade deficit has almost been eliminated at 0.5 pct of GDP
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Greek government goes digital under lockdown, as more coronavirus clusters emerge
PoliticsGreek PoliticsThe coronavirus crisis has not been entirely without its positives for Greeks, one of which has.... The launch, which was brought forward by two months as part of the emergency measures, has been praised... of the areas which has rapidly gone digital is medical care. Greeks are now able to benefit from
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsthey pre-paid, a measure for which the government has set aside 1 billion euros as it tries to boost... in order to prevent the coronavirus spreading is costing the budget 6 billion euros a month. Spending has been increased by 3.5 billion a month and revenues has dropped by 2.5 billion, according to SEV’s
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Parliament re-opens for business amid calls for greater scrutiny
PoliticsGreek Politics” by not introducing measures to allow parliament to convene during the lockdown. Parliament has been holding live sessions with drastically reduced numbers, but has not made use of remote conferencing... to postpone votes on major legislation until parliament has returned in full. Emergency measures
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