Search
-
Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
PoliticsGreek Politicsof the current government. “The Greek state has been unable over time to effectively protect the lives... will be that SYRIZA has failed to make any discernible difference to the running of the country... that they would bring a new ethos to the business of governing. However, the coalition has been
3% -
IMF voices concerns over long-term debt, sees more relief being needed
EconomyProgramme14 billion euros are rolled over smoothly. However, the IMF has reservations whether the debt deal is sufficient to ensure market access in the longer-term. Greece has achieved the recent high primary... relief has considerable credibility given the level of financing and support that the eurozone has
3% -
Mitsotakis responds to Tsipras challenge with proposals for broad changes to constitution
PoliticsGreek Politicsthe impression that he has the country’s long-term interests at heart and that his suggestions are aimed at improving Greece’s foundations. PASOK PASOK has yet to come forward with its proposals... if there is no clear winner at the ballot box. So far, KINAL leader Fofi Gennimata has not given
3% -
PM hopes North Macedonia visit, debt relief decision will provide lift
PoliticsGreek Politicspercent of Greeks dislike the compromise he made with the neighbouring country, the SYRIZA leader has... claiming the “Macedonian” trademark and has promised to pursue this issue. The two governments have... and Brussels. “Greece has taken the necessary actions to achieve all specific reform commitments
3% -
Banks focus on reducing NPLs linked to property
EconomyMacroeconomyin particular has emerged as a key sector, supported by recent changes in the legislative framework... for this year, the bank notes that it has a total of 3.9 billion euros-worth of transactions lined up... plans and real estate valuations performed for the majority of debtors and has the potential to increase
3% -
Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
EconomyBankingin corporate loans. Eurobank noted that it currently has around 4,800 properties under its repossessed real.... This multi-asset securitisation has a gross book value of around 7.5 billion euros, and will be executed... QoQ to 1.3 billion in March 2019. Emergency Liquidity Assistance (ELA) funding has been fully
3% -
Social impact of crisis seen easing in 2018, but 31.8 pct still at risk of poverty/exclusion
Society. The releases showed that since 2015, the proportion of society at risk of poverty or social exclusion has... 14 years old In other indicators, it was found that the population at risk of poverty in Greece has... to that received by the lowest 20 percent, has declined to a ratio of 5.5 in 2018 from 6.6 in 2016
3% -
From a tsunami of debt to some sense of normality
Agora. Halfway through the year, the PDMA has achieved its goal. It has issued three bonds of 5-, 7... that Greece has managed to issue three bonds in a year since 2010. One just needs to look at the debt... they both advocated seemingly pain-free solutions to Greece’s problems. Greece has paid a heavy price
3% -
Mitsotakis courts French investments, announces corporate tax cuts
PoliticsGreek PoliticsMitsotakis has pushed to the back of the agenda for the present time, believing that implementing... head of the watchdog, and Dr Kalliopi Benetatou, who has served at the committee for 10 years, as its... experts, and the best-qualified people for the posts, SYRIZA has taken issue with the appointments
3% -
The dragon's head roars in Athens
Agoraincrease by a further 40 million euros as project construction progresses. The loan has a maturity... agreement which the EIB has ever made available for a maritime project in Greece. With the EIB now... in a major Chinese infrastructure project in Greece the EU now has skin in the game. Meanwhile, the Chinese
3%