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State braces for losses as bank divestment plan is put into action
EconomyBankinglenders went through three main rounds of recapitalisation, the first used state funding via resources... in 2013, HFSF also allocated 13.5 billion to cover the funding gap of banks under liquidation
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PM launches reconstruction plan for disaster-hit regions as SYRIZA walkout spawns new group
PoliticsGreek Politics’s claims to have secured additional European funding for the measures and earmarked funding
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Benefits of investment grade starting to become visible
Economybuffer is ESM funding that is only for specific purposes under certain conditions. One option being explored is to use the cheap ESM funding for the repayment of a good chunk of the GLF loans, currently
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Mitsotakis lets budget measures sink in as he mulls presidential pick
PoliticsGreek Politicsand its move to axe state funding for the far-right Spartiates party. Both had been issues that the party... from New Democracy’s state funding rather than being borne by the taxpayers.
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IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
EconomyMacroeconomybut remain persistent in services due to wage growth. As RRF funding expires, GDP growth may slow... of around 2.5 pct of GDP in 2025. Improving expenditure efficiency is essential to ensure adequate funding
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Parties gear up for fresh tug-of-war over Tempe investigation
PoliticsGreek Politicsin late 2022 and early 2023, weeks before the crash, asking for more state funding to be approved... in which the former makes it clear that OSE’s funding is not sufficient to cover the needs of maintaining
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Famellos presents struggling SYRIZA’s case, pleads for unity among progressives
PoliticsGreek Politicshealth funding to EU averages; 15,000 new permanent posts in the national health system; doubled university funding to 5 pct of GDP, abolition of private universities and expansion of teaching staff
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Prospect of US involvement jump-starts Greece-Cyprus power link
PoliticsGreek Politicsof direct involvement by the US in funding infrastructure development. Reports say the prospect..., is behind the proposed change of terms for the project, which faces a funding shortfall in the region
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Kammenos calls for lynching of mayor but ends up boxing himself into a corner
PoliticsGreek PoliticsPanos Kammenos and his anti-bailout Independent Greeks have been showing remarkable resilience in opinion polls despite their limited scope and internal problems that led to some key members leaving the party. Kammenos, though, is putting this durability to the test after being caught on camera
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