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  1. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    . The bank noted that since 2016, NPE stock has declined by 5.7 billion euros. The quarterly reduction in NPE... funding that the bank currently has on its books. Since 2016, Eurosystem funding has been reduced by 14.9... measured at fair value through other comprehensive incomes. The bank noted that their tangible book

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  2. PBO draws attention to effects of climate crisis on public finances
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The Parliamentary Budget Office (PBO) has published its quarterly report, in which it confirmed..., suggesting that this should be reflected on retail prices. The current account has also narrowed.... It is noted that the state has to assume a more prominent role, also questioning whether the role

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  3. Low-productivity economy a legacy of adjustment without transformation
    Image: MacroPolis

    Economy

    that would shift the paradigm of economic growth. The study finds that the Greek economy has undergone... growth. Instead of achieving these optimistic projections, the Greek economy has experienced a sharp.... The expansion of tourism has also intensified adverse effects such as over-tourism, environmental

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  4. Where does SYRIZA stand on debt?
    Photo by MacroPolis

    Economy

    Fair (TIF) last September. SYRIZA has repeatedly stressed that Greek debt is not sustainable... distorts SYRIZA’s official stance and confuses the audience. SYRIZA has refrained so far from officially providing more colour on its debt restructuring plan but has indicated it will reveal more

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  5. Top SYRIZA officials hint at path to compromise with eurozone
    Photo by MacroPolis

    PoliticsGreek Politics

    has been that it believes Greece’s debt is unsustainable. It says it will urge the eurozone... the role of Development Minister in a SYRIZA government, has suggested over the last few months... on this has also softened during the course of this campaign. The clearest indication that it is open

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  6. Greece prepared to move on pension, labour reforms but details to be decisive
    Photo by MacroPolis

    PoliticsGreek Politics

    not settle matters between Greece and the institutions but suggests that progress has been made... that Greece will seek to complete the programme review that has been pending since last September... review has been completed. 2. Pensions: “They notably discussed the importance of reforms to modernise

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  7. Omnibus bill prompts no more than rumblings of discontent from coalition MPs
    Photo by MacroPolis

    PoliticsGreek Politics

    The submission of the draft law containing the first set of measures Greece has to pass to receive further bailout funding has prompted some disquiet within the government but not to the level... of the government “until further notice.” Nikolopoulos, who is from the hard right, has a history

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  8. Tsipras upbeat after vote, Eurogroup but deal details may still present problems
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras has been in fan upbeat mood this week following the successful... period in Parliament lies ahead given that the government also has to legislate the 1 percent of GDP...) and the privatisation fund, whose advisory board has to be appointed in the coming weeks. Passing

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  9. IMF sets out its stall as review deliberations resume in Athens
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    .” The IMF argues that although Greece has undertaken a huge fiscal adjustment in recent years, it has..., with the poverty rate for the working-age population rising sharply since 2010, while that for pensioners has... and the eurozone partners may involve a higher fiscal target than the Fund has proposed for a while. However

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  10. Poll spells worse trouble for PM than concerns of party turmoil

    PoliticsGreek Politics

    for the unpopularity of some of the measures that have to be adopted. This has pitted Tsakalotos against Tsipras... as the government has just a three-seat majority in Parliament. One report suggests that Fylis and ex-minister Tasia... voted against the agreement on Sunday. The SYRIZA body has a total of 151 members. However, the most

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