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Newsletter 246 -03/04/2020
, Finance Minister Christos Staikouras set out a fourth wave of measures aimed at supporting... billion. One-off financial support, consisting mainly of the 800-euro stipend for employees of business that have been forced to close or which have suffered a downturn, will set the state back
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Samaras and Venizelos rule out elections but can't be sure they won't happen
PoliticsGreek Politicsthat have not been arrested by suggesting they would not dare to resign en masse and create... by abusing the right of its deputies to resign their positions, it should be prevented from doing so. It is not clear if this could stand legally. With regards to the one MP that Golden Dawn has elected from
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set... the implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs are due to visit Athens next week to discuss with Greek authorities the second set of milestones
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Lenders set out post-MoU framework with aim of securing reforms
EconomyProgrammeDetails of the post-programme framework that is set to be agreed at Thursday’s Eurogroup, ensuring... in Kathimerini and Bloomberg set out the details how the enhanced surveillance will be structured and what... by the end of 2020 and set up at least 240 primary healthcare units during the same period. Centralised
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgramme) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off. Additionally, two... unified pension fund (EFKA) is expected to be fully set up by mid-2020, while reforms in the health care
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Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek Politicsministers set to meet on September 9 to discuss bloc-wide interventions, the government in Athens... leading up to the TIF announcements, however energy is set to absorb the lion’s share of spending.... Meanwhile, government sources say the PM intends to set the tone by emphasising the unprecedented
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Compromise emerges on liberalisation of NPL market
EconomyProgramme-residence backed NPLs across all lending categories until the end of 2017 under certain criteria... which a property belonging to an unmarried owner cannot be sold has been set at the so-called objective... will be set at 20,640 euros for a couple with two children. In addition, the borrower should also
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesa YoY rise of 28.5 percent. One component of foreign investment in the property market is Greece's... are shaping new conditions, with potentially significant short-term effects on the real estate market.” One... for Greece. Tourism was flagged up as one of three main channels through which the coronavirus outbreak
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Newsletter 474 - 05/09/2025
is expected to pass by October. Following the earlier announcement of a one-month rent subsidy... for legal residence after seven years of undocumented presence, calling the previous provision “a reward... only Bulgaria. The country’s labour market has been one of the most accurate indications reflecting
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Greece is least socially just country in EU, report indicates
Society. “The resulting diminution of prospects for broad swathes of society represents a significant danger... and pension policies” as being the cause of Greece’s low ranking. Greece also has one of the lowest... and soup kitchens to help. Given the depth of the crisis, such measures probably proved inadequate
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