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  1. Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background

    PoliticsForeign Policy

    involving Cyprus. Libya also signalled readiness for dialogue. Aguila Saleh, speaker of Libya’s House... disputes stemming from the Turkey-Libya maritime memorandum signed in 2019, which Athens deems illegal

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  2. Honey, I shrunk the Greeks vol. 2

    Agora

    Because of these two reasons, the country is forced to pay heavy costs and the potential success... claims, you end up with a “subordination risk” where private money is seen as being inferior

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  3. Addressing some misconceptions about Greek budget revenues and unpaid taxes

    Agora

    consumption taxes were almost exactly where they were expected to be. Overall, total tax revenues reached... be pointed out that since 2014 a large number of taxpayers pay income tax and ENFIA via credit cards... reason for the total revenue underperformance. Tax arrears An important indicator related

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  4. In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    marginally increased to 45.2 percent. The qualitative characteristics revealed ‘unlikely to pay’ (performing or past due less than 90 days) NPEs widened to 27.6 percent of total NPEs in the first half... percent of total performing exposures from 12.7 percent at the end of 2015. In addition, exposures

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  5. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    percent of the country’s forest cover burned, a total of 2,700 square kilometres. In hundreds of fire... may surprise austerity critics. Total expenditure on fire protection (an aggregate figure combining... of total government spending, equalling or exceeding the European average of 0.4 percent, and surpassing

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  6. Card transactions in Greece experience boost due to capital controls

    EconomyBanking

    . In 2014, the last year before capital controls were enforced, total card transactions in Greece came... million. Out of the total, the biggest growth was seen in debit card usage, where transactions went.... In terms of transaction value, a total of 6.1 billion euros worth of card transactions were carried out

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  7. Newsletter 175 -21/09/2018

    Newsletters

    , but the decision will likely stay on hold under November. pay, boosting consumption. “In our view..., or the equivalent of roughly 21 to 38 percent of the current total. In an interview with Kathimerini... be reducing NPLs in the banking sector. Out of total mortgage loans of 63.5 billion, 44.3 percent or 28.13

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  8. Newsletter 198 -15/03/2019

    Newsletters

    that Greek authorities are set to agree that the total value of the property owned by the applicant must... to request approval from the European Stability Mechanism for the right to pay off at least some.... The latest monthly headline figure interrupts eight consecutive months of positive growth. The total

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  9. Dispute over pensions backlog as future burden from retirees highlighted
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for the retirement pay, the Labour Ministry said that the backlog of outstanding pensions came to 94,000. Out of the total, 75,000 were already overdue by three months as at the end of February... of the total, 91,541 are pending since the Katrougalos law was passed. As Kathimerini highlights

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  10. Newsletter 223 -11/10/2019

    Newsletters

    not even equal 30 percent of the person’s total income. Despite these criticisms and the doubts... to public coffers. The total amount to be settled via the scheme stands at 11.6 billion euros. Of those who... to any reductions in retirement pay. He added that the government would spend an extra 10 million

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