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Newsletter 417 - 22/03/2024
by the Interior Ministry, a Greek prosecutor and the country's data protection authority, while several... the upcoming European Parliament elections, and the resignations of a senior Interior Ministry official... that the email list was leaked from the Interior Ministry during the tenure of the caretaker government
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PM makes limited, cautious changes to cabinet after election disappointment
PoliticsGreek Politicsat ministerial level in five departments: Development, Migration, Interior, Labour and Agricultural... as Interior Minister. Kostas Tsiaras, once a justice minister under Mitsotakis, becomes the new agriculture minister. Niki Kerameus is being moved from the Interior Ministry to the Labour Ministry
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Newsletter 428 - 21/06/2024
: Development, Migration, Interior, Labour and Agricultural Development. The new head of the Development Ministry is Takis Theodorikakos, who has previously served as Interior Minister. Kostas Tsiaras... is being moved from the Interior Ministry to the Labour Ministry, where she is replacing one of the few
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How Greek banks could cut 2014 financing gap with a bond rollover
Economycontribution in kind for the preference shares it received from the banks. The bond was issued on May 21... the mandatory conversion after 5 years by an increase in the fixed return by a 2 percent step-up after
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High school pupils see answers to crisis in protest and emigration
Societyin last year’s VPRC survey. Similarly, only 21 percent of those youngsters questioned said they felt confident about the future – just 2 percentage points up on last year. Only 13 percent said
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What do EBA tests reveal, or fail to highlight, about Greek banks?
EconomyThe European Banking Authority (EBA) disclosed on December 16 the results of a transparency exercise covering 64 European banks from 21 countries. The aim of the exercise was to share updated... recently initiated a share capital increase process to raise 2 billion euros through a marketed equity
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Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
EconomyMacroeconomypositive to 0.8 percent in 2015 and 2 percent in 2016 Decline of unemployment rate to 26 percent in 2014, 24 percent in 2015 and 21 percent in 2016 Capital needs will be covered by mitigating actions
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Unemployment closes 2013 with new high of 27.5 pct in last quarter
EconomyMacroeconomy) compared to 24.4 percent for males (from 23.8 percent in Q3). After slipping by almost 2 percentage... than one percentage point to 26 percent in 2014 and further to 24 percent in 2015 and 21 percent
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Retail index fell by 2.2 pct in Feb but trend improving
EconomyMacroeconomyin department stores exceeded 21 percent in terms of turnover and 14 percent in volume, followed... with a 1.6 percent rebound, with consumption growth seen close to 2 percent in the succeeding three years.
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingstood at 2 billion euros at the end of Q1, was eliminated within Q2. Following the capital increase.... The government bond linked to the preference shares expired on May 21 and it was settled in cash.
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