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  1. Rival parties interpret Novartis settlement differently, serving own ends
    Photo by Alex Proimos via Flickr https://flic.kr/p/bt29wL

    PoliticsGreek Politics

    . SYRIZA will undoubtedly double down on the Novartis issue and try to pin it to the New Democracy-led... to shut down any thorough inspection of events while claiming to be the target of a conspiracy.

    2%

  2. PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms

    PoliticsGreek Politics

    by the pandemic. At Hellinikon, Mitsotakis saw workmen employed by Lamda Development start to tear down... are due to be brought down in the coming months before Lamda starts constructing new ones. The Greek-led

    2%

  3. Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    . In June, the arrival of air passengers was down by 93 pct to just 588,186 from nearly 8.4 million last year. The number of fights was down by 74 pct to 17,049, from 66,827 in 2019. Over the first six

    2%

  4. Athens waits for EU recovery fund outcome as new Mati fire claims emerge

    PoliticsGreek Politics

    response to an “unprecedented” crisis. He warned that any compromise should not “water down” the proposal... to the headline number of 750 billion also being brought down slightly. Based on the European

    2%

  5. PM forms panel to come up with strategy for use of EU recovery funds

    PoliticsGreek Politics

    , Deputy Justice Minister Dimitris Kranis announced that he is stepping down. Reports suggested that he... directed at him by a particular media group. Recently, Gerrasimos Thomas also stepped down as deputy

    2%

  6. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    of the year, which the bank said covered increased credit demand. Deposits in Greece edged down to 45.5... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent

    2%

  7. H1 results for Greek corporates show signs of pandemic biting
    Image via www.gekterna.com

    EconomyCorporates

    . Adjusted EBITDA stood at 82 million, down by 27 percent. When including restructuring costs... down by operating sector, in retail home furnishing and accessories activity (namely IKEA stores

    2%

  8. VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

    EconomyFeatures

    (a decrease of the VAT Gap by 3.1 percentage points down to 30.1 percent). However, it is projected... it stood at 30.5 percent, before edging down very slightly to 30.4 percent in 2014. It rose to 33.1

    2%

  9. Landmark Golden Dawn verdict welcomed by parties, obscuring underlying divisions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in a democratic system it had pledged to bring down. However, the conviction of so many key Golden Dawn officials..., with the then justice minister and current Foreign Minister Nikos Dendias leading the effort to bring the law down

    2%

  10. Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
    Photo by MacroPolis

    EconomyBanking

    that bad loans would reach 10 billion due to the pandemic were revised down to 5 billion... will also be included, however, instead of cash it will gradually write down the deferred tax

    2%