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Govt searches budget for space to adopt more Covid and energy relief
PoliticsGreek Politicsindustry federation claims he was taken by surprise by the 2 a.m. closing rule on one of the busiest... billion euros are accessed. The adverse scenario included in the budget sees growth knocked back by one... Energy Sources Operator DAPEEP to design an adjustable support mechanism based on wholesale
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ND on cusp of brokering deal over diaspora vote as Novartis battle heats up
PoliticsGreek Politicsfrom their country of residence. Following another meeting between government officials... the Health Ministry and to have successfully pressured authorities to set up a committee to decide on the prices of drugs in the Greek market. The political battle over this issue is set to intensify now
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Brussels gives Athens thumbs-up for reforms and budget
EconomyProgramme. This paves the way for the Eurogroup to release the second set of debt relief measures worth 767... by the Greek administration will not set the agreed targets at risk as it is compensated... insolvency, tax treatment of write-offs, the primary residence protection, the insolvency framework
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking, the new law on primary residence protection, favourable real estate price developments... percent. The NPL coverage ratio stood at 76.6 percent. The bank has set a target for NPLs to stand..., is also set to close in Q4 with a gross book value of 1.2 billion euros. A portfolio of Greek shipping
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Watchdog raid strains testy relationship between banks and govt
EconomyBankingits policy agenda on aspirational growth rates of 4 percent. Friction The attempt to design... and companies that will replace the current protection of primary residences, which expires at the end
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Tsipras delivers SYRIZA's first, tempered message of Greek election campaign
PoliticsGreek Politicsthe policy points he set out in September during a speech at the Thessaloniki International Fair. One... on one later this month. Tsipras spent much of his speech going over the economic programme he presented... the amounts that parties can borrow. Tsipras also set out his intention to crack down on the local media
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Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
PoliticsGreek Politicsis finally agreed it would represent a boost for Athens in one respect as it had sought to avoid having to legislate an extra set of specific fiscal measures now. The automatic mechanism will have.... The prospect of cuts to wages and pensions, however, will be a difficult one for the coalition
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Banks focus on defining challenge of reducing NPEs
EconomyBankinghigher revenues as the profile of the loans is better than the one sold to Instrum. Additionally... and price that Piraeus’s Ameoba sale will receive. Auctions Domestic lenders have also set themselves... to the Bank of Greece a set of proposals for the further relaxation of capital controls. Bankers argue
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Newsletter 204 -03/05/2019
-free threshold The political battle between SYRIZA and New Democracy is set to intensify this coming.... In the coming days, the ruling party hopes to announce a new set of so-called positive measures, while... and moving some goods from the top rate to the lower one. Another measure being considered
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Newsletter 351 - 16/09/2022
reading: “Diligence, continuity, stability”, Mitsotakis set out a total of 21 interventions, one-off... to set the tone for the upcoming elections by suggesting that the key issue for Greek voters will be one... to be a challenging winter. The short-term measures include a one-off 250-euro “inflation cheque” for 2.3
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