Search
-
In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBankingBank of Greece (BoG) published on Thursday the second issue of its semi-annual overview of the Greek financial sector and provided an update on the key banking figures, mostly related to loan quality, in the first half of 2016. The BoG also conducted a ...
6% -
Labour Ministry publishes latest pension breakdown
EconomyMacroeconomyThe Labour Ministry's bulletin of the Computer Centre for Social Security Services (IDIKA) published on Sunday for the first time since the summer of 2015. The bulletin showed that a total of 4.55 million pensions were paid in December 2016, totalling 2...
6% -
Fires latest obstacle to coalition's momentum-building efforts
PoliticsGreek PoliticsThe government and opposition continued to trade accusations over the recent forest fires on Thursday as the coalition struggled to play down the damage done by the blazes over the last few days. Following a meeting between Prime Minister Alexis Tsipras...
6% -
Mitsotakis to continue advertising change on latest EU trip, at Thessaloniki Expo
PoliticsGreek PoliticsMoving on from Kyriakos Mitsotakis’s meeting with German Chancellor Angela Merkel last week, the government is focussing on the third leg of the Greek prime minister’s European tour and looking ahead to his appearance at the Thessaloniki Expo this weeke...
6% -
Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek PoliticsThe government shrugged off Wednesday’s strike – the second in as many weeks – as the action of a small group of unionists rather than a larger protest against its proposed labour reforms. Although public transport came to a halt in Athens on Wednesday,...
6% -
Latest T-bill auction highlights shift in Greek yield curve
EconomyThe flow of positive news in Greece’s sovereign debt market continues as the Public Debt Management Agency (PDMA) announced the results of Wednesday’s 26-week T-Bill auction in which the yield dropped to zero. This came just a few weeks after Greece’s d...
6% -
Latest T-bill auction nets near-zero yield, rounding off landmark year for sovereign debt
EconomyGreece is rounding off the most successful year in its sovereign debt since 2010, and after three adjustment programmes, with the successful issue of a 52-week T-Bill on Wednesday that resulted in a yield close to zero. Greece’s debt managers auctioned ...
6% -
ND targets NGOs in latest bid to bring migration under control
PoliticsGreek PoliticsThe government adopted on Tuesday legislation that paves the way for the creation of an official register for non-governmental organisations that deal with refugees. The move is seen as part of New Democracy’s efforts to get to grips with the migration ...
6% -
Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
EconomyAfter more lengthy negotiations, eurozone finance ministers arrived at an agreement on Thursday night to add to the measures that have already been announced to combat the economic impact of Covid-19. Although the compromise struck, bridging major diffe...
6% -
Athens hoping EU diplomatic drive will defuse latest Aegean crisis
PoliticsForeign PolicyGreece is stepping up its diplomatic efforts in the hope of securing a united European reaction to Turkey’s action in the Aegean as the Oruc Reis research vessel continued its activity in the area. The ship is still sailing in a sea area comprising what...
6%