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Criminal justice system deemed too weak to fight corruption
Societyconsequences. The previous legislation carried at least one year imprisonment and a fine of 5,000
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Overall loan interest rate edges up to 4.34 pct in Nov
EconomyMacroeconomy. The average interest rate on deposits from households with an agreed maturity of up to one year
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In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
PoliticsGreek Politicswas set to be one of the issues on the agenda during the meeting with Trump and his top aides
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Where is the EastMed pipeline heading?
Agorathan one of significance in energy or economic terms? The infrastructure and financial challenges
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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingAlpha Bank announced that it has started the process to execute one of the largest bad loan securitisations by a Greek bank. The portfolio, code-named Galaxy, contains non-perfoming loans (NPLs) of up to 12 billion euros in value. The securitisation is the largest to date in Greece and in Europe
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomy, especially since boosting investment was one of New Democracy’s key election pledges. SYRIZA’s
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Excluded from Libya talks, Athens vows to block decisions that ignore sea border concerns
PoliticsForeign Policythe example of the one signed with Tripoli. The minister’s remarks came during the “Turkish Foreign
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgrammemechanism that would allow the transfer of unused surpluses from one year’s budget to the next
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Newsletter 236 -24/01/2020
of unused surpluses from one year’s budget to the next. If approved, this could secure up to 4 billion
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgramme” that transfers fiscal overperformance from one year to the next, lowering of the agreed surplus targets
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