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Constitution tweaked, consensus sought for Greek diaspora vote and next president
PoliticsGreek PoliticsDemocracy’s proposal that up to five votes should be held in Parliament, with the last one requiring..., starting with the current one, choosing figures that are faithful to the ruling party. Mitsotakis... votes) was the one involving Article 86 regarding the so-called “ministerial responsibility
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Newsletter 230 -29/11/2019
. The maximum tax discount was set at 19,200 euros in the first version of the bill, but in the one... elections. New Democracy’s proposal that up to five votes should be held in Parliament, with the last one... popular amendment (274 votes) was the one involving Article 86 regarding the so-called “ministerial
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PM gets no change out of opposition leaders on US trip, electoral law
PoliticsGreek Politicsas somewhat of a surprise in one sense as Greece’s relations with the US had strengthened considerably when... party is against the idea of returning to what they deem an “unfair” system, i.e. one that awards bonus... than one-party governments. Gennimata said that she and Mitsotakis “agreed to disagree” on this issue
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politicsinsolvency code will be one of the top items on the agenda for the talks between the institutions... to include two scenarios, one with the existing primary surplus targets and one with reduced targets
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Mission chiefs pick up fifth review baton as Greece mulls new bond issue
EconomyProgrammethat were backed by state guarantees. One of the hot topics on the agenda will be the insolvency law... that will allow the transfer of any additional budget surplus from one year to the next and the lowering.... One for 4 billion of which mostly aims to reduce the reliance on short term T-bills by 4.4 billion
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgramme” that allows transfer of excess surpluses from one year to the next (for this year the figure would equate... it introduced is rather modest and has barely touched the middle class, which was meant to be one... on growth for the coming years. Along with the one prepared by the institutions, ministry officials
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Forum showcases closer Greek-German trade relations, with diplomatic overtones
PoliticsGreek Politicspresented to delegates. One is a joint venture between Greece’s PPC and German power company RWE... the relationship between the two countries form one of lender and borrower to one between peers and business
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QE arrives for Greece
Agorahad fallen below the symbolic threshold of one percent. This record decline in borrowing costs... to be seen. But as we learnt from earlier attempts and remedies, one does not fight a financial virus, let alone a pandemic with a band aid. Neither does one distinguish between euro area member states
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Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesfound that a one percent increase in the rate of unemployment could lead to a corresponding rate..., with all things being equal, the analysis revealed that a one percent reduction in GDP would lead..., the analysis found that the increase in the banks’ capital adequacy ratio by one percent correlates
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economythe outlook from positive to stable. S&P had upgraded Greece by one notch last October, with a positive... and the current level of rating. According to S&P, Greece has one of the most advantageous debt..., which translates into a primary deficit of nearly 5 pct, the first one after four years
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