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  1. Greek banks eye positive market appetite for bad loan sales
    Photo via www.helex.com

    EconomyBanking

    a holding company. In Piraeus Bank’s preliminary summary ahead of their full 2019 results, the bank... as forthcoming legislative reforms. Alpha Alpha Bank is also holding roadshows in Paris and London this week... will be transformed into a holding company with a transformation date of June 30, 2019. The results

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  2. SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
    Image: www.syriza.gr

    PoliticsGreek Politics

    euros. The inflation adjustment would also be applied to public sector pay, translating... round, the gap widened further to 9.7 pct. The findings suggest that despite the derision heaped... as an attempt to enhance transparency around media ownership and funding, however critics fear it opens

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  3. Surveillance hearings in Athens and Brussels highlight contrasting approaches to issue
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    money through VAT and energy levies to pay for subsidies while leaving profiteering energy cartels... is now taking a carrot-and-stick approach to hitting a binding 10 pct energy savings target across the public sector. Public authorities which fail to meet the target will see funding cuts and hiring

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  4. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    in DTCs as a cushion. This effectively means that they pay 9 billion euros for debt with a nominal value... in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids

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  5. Property tax notices for 2016 to be issued, collection target remains same

    EconomyMacroeconomy

    or 2.4 million of taxpayers will pay less ENFIA in 2016 than in 2015, while 35 percent or 2.5 million taxpayers will pay exactly the same amount. In addition, 21 percent or 1.5 million will have to pay a slightly higher amount up to 10 euros compared to last year. This means the vast majority

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  6. Mandatory e-payments come into force as Greece seeks to boost card use further
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    , but businesses did not match this with the means to pay electronically. To counter this, in April... the arrangements necessary for customers to pay electronically as well as by cash. The move targets sectors where..., Mastercard, Maestro and Union Pay. They are also required to make mandatory payments to legally licensed

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  7. Poll shows support for ND in several policy areas as pension bill debate heats up
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    -employed Greeks would face a heavier contributions bill just so that one in 10 could pay less... and freelancers would have to pay under the new system would be higher than under the scheme... suggested that only 70,000 pensioners would see any noticeable increase in their retirement pay

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  8. PM goes big on minimum wage increase, but opposition unmoved
    Photo by MacroPolis

    PoliticsGreek Politics

    growth. The raise will take gross minimum pay from 663 euros to 713 euros per month an increase of 50... to benefit from what he described as “a decision of responsibility and solidarity”. The minimum pay rise... to the announcement by saying the new minimum wage doesn’t suffice to pay electricity bills, while KINAL

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  9. Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
    Photo by MacroPolis

    Agora

    ) above that of ECB funding, while banks also pay fees to the Greek government for the state... percent quarter on quarter (QoQ) in Q4, mainly due to a drop in the funding cost stemming from reduced Emergency Liquidity Assistance (ELA) funding and improving deposit spread and mix. However, NII

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  10. The main political scenarios ahead for Greece should it reach a deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    it and complete the review in order to receive the funds it needs to pay the two bonds totalling 6.7... also strengthen the premier’s cause. On Friday, 49 SYRIZA MPs asked for the preliminary findings... through Parliament alone would not be enough to secure bailout funding and begin to restore stability

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