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  1. Two weeks left for Athens to settle last remaining prior actions
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    in Luxembourg on June 21. The Eurogroup has already instructed the institutions to put together a new debt... can show that it has made the necessary progress in reducing state arrears during April, the European..., in the calculation of this year’s ENFIA property tax. The government has promised the creditors

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  2. Draghi sets out QE obstacles facing Greece
    Photo by MacroPolis

    EconomyProgramme

    European Central Bank president Mario Draghi confirmed on Monday that Greece has little chance... have allowed the waiver to be retained and secured access to QE. Stournaras has also underlined... that the timeline might be too tight as the ECB has to conduct its own assessment of whether Greek

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  3. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    . KEFiM has been carrying out the survey for the last four years. The latest data as of 2017 from the Institut Economique Molinari, which has been surveying tax liberation dates across the EU since 2010... working until July 29 to cover all obligations to the state. This date has not changed for the last

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  4. Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of 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

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  5. IMF voices concerns over long-term debt, sees more relief being needed
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    14 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

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  6. Mitsotakis responds to Tsipras challenge with proposals for broad changes to constitution
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the 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

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  7. PM hopes North Macedonia visit, debt relief decision will provide lift
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsGreek Politics

    percent 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

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  8. Banks focus on reducing NPLs linked to property
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    EconomyMacroeconomy

    in 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

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  9. Eurobank net profits at 19.7 mln in Q1, merger with Grivalia Properties complete
    Photo by MacroPolis

    EconomyBanking

    in 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

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  10. Social impact of crisis seen easing in 2018, but 31.8 pct still at risk of poverty/exclusion
    Photo by MacroPolis

    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

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