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  1. The race to reduce Greece's bad loans

    EconomyBanking

    , the SSM is expected to put the total of NPLs at around 20 percent of total loans and down to single..., 1.3 billion lower than the target of 93.6 billion. NPL stock came to 63.9 billion, landing exactly... NPLs came to 35 billion euros, around 600 million lower than the target. Residential NPLs landed

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  2. Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    but it is the discussion with the institutions over next year’s pension cuts, rather than market access... in 2017. Finally, Athens has put together data showing that cutting pensions now would also be damaging... their retirement pay, boosting consumption. Eurozone opposition Tsakalotos had the opportunity to put

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  3. Newsletter 181 -2/11/2018

    Newsletters

    is thought to be pressing for the talks on next year’s pension cuts to be discussed officially, rather than... and allowing voters, rather than MPs, to elect the Greek president. During his speech to SYRIZA MPs on Tuesday, Tsipras addressed both issues but adopted a less absolute position than his party has

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  4. Newsletter 224 -25/10/2019

    Newsletters

    , IOBE put out its latest forecasts for the Greek economy, suggesting that growth of 2.3 to 2.5 percent..., when it will be clearer if the total amount will be more or less than expected. On pensions... that it will put future retirees at risk. The proposal is set to be incorporated in the pension reform bill

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  5. Newsletter 248 -24/04/2020

    Newsletters

    the government to plan how it will ease the restrictions it put in place several weeks ago. The government has put together a special task force focussing on ways to reopen the tourism sector... structural reforms and the privatisation plan have been put on hold due to the virus, while Prime

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  6. Growing challenges await PM following summer break

    PoliticsGreek Politics

    of challenges that lie ahead. Less than two months after being re-elected comfortably, New Democracy finds itself in a less accommodating position than it would have expected. The fallout from this summer’s... contributed to the ruling conservatives being put on the defensive and the unfurling of their policy

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  7. University bill meets with strong opposition as MPs begin debating reform
    Photo by MacroPolis

    PoliticsGreek Politics

    put before the plenary next week, ahead of a vote on Friday, March 8. Going into the debate... that the government is making an opportunistic grab through the bill being put before Parliament. Most... and profit seeking rather than the interests of improving the quality of education in the country

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  8. Newsletter 460 - 02/05/2025

    Newsletters

    that would put it on course for not only a win at the next general election, but also a clear parliamentary majority. The latter has been put in serious doubt by the centre-right party’s recent decline... 13.5 of the total. The projected results put ND at 29 pct, closer to the party’s own notional

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  9. Newsletter 86 - 02/09/2016

    Newsletters

    by 0.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2), a rate slightly lower than the 0.3.... Nominal GDP recorded a better performance than the real figure, edging up by 1.3 percent QoQ... rates remain 250-350 bps higher than the euro area average. In the household lending sector

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  10. Newsletter 1 31/10/2014

    Newsletters

    on the dynamic (agreed restructuring plans after the end of 2013) rather than the static (end-2013 figures) model... do not incorporate the positive impact (more than 3 billion) stemming from the recent legislation... it was the negligible sum of less than 20 million euros. of up to 40 percent in its Turkish unit

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