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  1. Finance Ministry waits for new property values as talk of bad bank gathers pace

    EconomyProgramme

    debts from Greece’s lenders has been around for several years but has stumbled on the capital... in the second half of last year, Greece still has by far the highest ratio of bad loans in the EU. According... to private funds. However, the European Commission on March 14 presented a package of measures

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  2. Which way to the exit?

    Agora

    into the domestic political bear pit. Alexis Tsipras has every reason to be concerned about ensuring his..., with the figure in 2020 and 2021 as low as 3 billion euros. It worth noting that Greece has committed... nearly a decade that has been so emotionally charged it is not easy to switch to a pragmatic

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  3. Report on PPC’s viability ruffles feathers and shakes share price
    Image via www.dei.gr

    EconomyFeatures

    categories of customer. PPC has been struggling for several years now and was one of the main focuses... figure of 170.2 million. The firm, which is 51 percent owned by the Greek state, has performed..., a move that has been heavily opposed by workers’ unions. McKinsey’s report emphasises

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  4. Coalition back-and-forth over name deal belies election strategy
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    a hard stop for the coalition. Kammenos has made it clear that he will not vote for the agreement, which...) to ratify the name deal. Prime Minister Zoran Zaev has promised to hold a referendum. It is not yet clear... Parliament. Pensions New Democracy would prefer elections to take place sooner, before Tsipras has time

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  5. Exclusion from QE confirmed, only ECB's reinvestment programme left
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    EconomyProgramme

    billion until the end of the year when net purchases are expected to end. The ECB as of June 2018 has...-lived as the scheme would conclude in a matter of months Greece has just over 50 billion euros... to interbank repo markets. Eurosystem funding has dropped from 126.6 billion in June 2015.

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  6. Reshuffle expected to follow minister's departure in wake of Mati disaster
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    deadly wildfire in Mati, for which the death toll has risen to 90. It was confirmed on Friday... that Polakis be removed from his position. The government has struggled to find a coherent way in which... last reshuffle before the next general elections, he has to balance any attempt to freshen up his

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  7. Tsipras seeks to capitalise on bailout exit, build platform for elections
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the moment, but to set out policies that will help convince voters a corner has been turned... minister speaks at the Thessaloniki Expo on September 8. Nevertheless, it has been reported... pledges will be the scrapping of next year’s pension cuts. However, this has yet to be discussed

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  8. No imminent decision on pension cuts as Athens moves ahead with minimum wage increase
    Photo via Fosphotos

    EconomyProgramme

    indicated that Athens has been informed by the institutions that it will not know for sure whether it has to reduce pension spending by 1 percent of GDP in 2019 until December 3. The reason given... agreed in June, if it considers that Athens is not abiding by its agreements. There has been no clear

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  9. Tsipras seeks assurances that coalition will remain united for time being
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Minister Panos Kammenos, who has recently threatened to walk out over the Prespes Agreement aimed... the government’s opportunity of winning back some of the support it has lost over the previous years by engaging... the political process in the Former Yugoslav Republic of Macedonia (FYROM) has been completed. Independent MP

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  10. Parties vie for voters' attention as New Democracy prepares for congress
    Photo by MacroPolis

    PoliticsGreek Politics

    and 100 euros. The government has also broadened the number of civil servants that will receive..., echoing the kind of language that has been used by Tsipras recently as he tries to convince voters..., and that it has the tools and ideas necessary to govern the country. For Mitsotakis

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