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  1. Questions persist about timing of general elections
    Photo by MacroPolis

    PoliticsGreek Politics

    . New Democracy spokeswoman Maria Spyraki said the government should explain which system will apply... the IT system supporting the election process could cope with three elections at the same time, there has been... of what type of voting system will be employed for the European Parliament vote, this is seen as being

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  2. Brussels highlights lagging reforms ahead of decision on debt relief measures
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    of the banking system is currently not met. Discussions are still ongoing regarding a proposal of the Greek for a new system of protection of primary residences to replace current protections under... president Valdis Dombrovskis. "However, currently a proposal of the Greek authorities for a new system

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  3. EC report notes economic imbalances and outlines remedies
    Photo by Angelos Christofilopoulos/Fosphotos

    Economy

    and external debt, combined with high non-performing loans (NPLs) in the banking system, which leave... is considered a major weakness in the financial system. The report noted the measures taken... by recent policy measures aimed at supporting the banking system. Going forward, potential growth

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  4. Mitsotakis aims to pass key legislation in Sept if ND wins elections

    PoliticsGreek Politics

    interventions in the tax system and the new Medium-Term Fiscal Strategy. The first tax cuts that Mitsotakis... representation system adopted by SYRIZA being implemented at the next election (after July 7). ND also wants... based on the first round results, using a PR system. Reports also suggest that Mitsotakis

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  5. BoG notes economic progress, urges safeguarding of fiscal credibility
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of the positive developments in the Greek economy and the banking system. But it urged caution... for the banking system to support the transformation of the Greek economy and finance new activities... will be a pivotal year with challenges for the country and the banking system as Greece gradually stands

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  6. BoG report highlights economic challenges, proposes way forward
    Photo by MacroPolis

    Economy

    continues its recovery amid positive sentiment and an improved liquidity situation for the banking system... in the financial system. The positive contribution of net exports will be modest, as exports growth will only... at 14.9 percent. Non-Performing Loans (NPLs) remain the big challenge of the banking system. Although

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  7. Newsletter 213 -07/01/2019

    Newsletters

    the big challenge of the banking system. Although they were reduced to 80 billion euros (45.2 percent... management. Non-Performing Loans (NPLs) remain the biggest challenge of the banking system. Although... in the Greek banking system stayed positive by 561.6 million euros in May, following positive inflows of 1.54

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  8. National Bank first to test market waters in post-election afterglow
    National Bank

    Economy

    will have the most direct bearing on markets, including its designs for the banking system and how... to help the banks deal with the problem more quickly with system-wide solutions to get the bad assets... government plans to promote such a system-wide solution could imply that instead of reinventing the wheel

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  9. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    drafted would also lead to a simplification of the tax system and create greater incentives... elections. The new system would have to be approved by a super-majority of 200 (out of 300) MPs... system out of the way. “If the electoral law does not change with 200 MPs, the next elections

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  10. IMF consultation report pinpoints health of Greek banks as central to growth
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyBanking

    . The Fund breaks down the details of the efforts over the last decade to support the Greek banking system... of unrealised losses of about 12 billion. This is quite a hefty bill for a banking system... percent of e-auctions result in bank repossessions. On top of this, the banks claim the system

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