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Opening the electricity market and possible introduction of "Small PPC" as part of bailout review
LegalCompany’s (PPC) electricity products to its competitors do not succeed. This means that if the NOME... provisions for forming several separate retail companies out of PPC’s existing clientele, in case... the required mobility and achieve the goal of reducing PPC’s market share below 50 percent by 2020
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Tsipras defends compromise, appears optimistic on concluding review
PoliticsGreek Politicsto Greece’s lenders, insisting that it represents an “honourable compromise” and displaying... is demanding would push Greece over the target. Overall, Tsipras’s tone was upbeat and although he did... is that any agreement must reflect European best practices. The only moment of tension in Tsipras’s
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All-round concern about Greek-Turkish tension in run-up to referendum
PoliticsForeign Policythreatened Greece. Speaking to his party’s parliamentary group on February 26, he commented on Greek-Turkish confrontations in the Aegean and a visit to the Greek island of Oinousses by Greece’s top military official’s. Bahceli claimed the island belongs to Turkey. “If they (Greeks) want to fall
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Greek women in crisis
AgoraOn International Women’s Day on Wednesday, Prime Minister Alexis Tsipras’s Twitter account wished...”). The global community increasingly recognises that women’s position in the economy needs to be empowered not only because it’s socially desirable but because it is an economic imperative. According
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In absence of deal with lenders, some in SYRIZA keep political options open
PoliticsGreek Politicson the opposition parties to back the deal. Skourletis’s suggestion is not new. There has been... shaky SYRIZA’s position on the political landscape has become. The latest survey by the University... with the coalition’s performance, including 75 percent of those who voted for SYRIZA in September 2015. The former
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Global deal in April ruled out as labour reforms prove biggest obstacle
EconomyProgrammeSpeaking to Parliament’s Economic Affairs Committee, Finance Minister Euclid Tsakalotos said... a conference call with the institutions’ mission chiefs on Friday. The Greek government’s target... issues required for a staff-level agreement (excluding labour) are resolved by Monday’s Eurogroup
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Kotzias visit to Washington still leaves some doubts about US stance
PoliticsForeign Policythe doubts about Washington’s stance on a range of issues that are of particular interest to Athens... as the former administration did when Barack Obama was president, Greece’s top diplomat said that “having had... that Greek-Turkish relations were only partly raised and Kotzias referred to “Turkey’s irritability
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Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
EconomyMacroeconomyby 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget execution bulletin revealed on Friday. Preliminary figures were published on March 14. This year’s... in February is fully attributed to the dividend of 734 million received from Bank of Greece’s 2016 net
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Three investment groups table binding offers for Thessaloniki Port
Economyfor the 67 percent stake on sale amounts to around 135 million. Last year, COSCO’s offer of 368.5 million... on OLP’s closing price of January 21, 2016, when COSCO’s improved financial offer was submitted. OLTH’s share price has soared 13.6 percent year to date, significantly outperforming the Athens Stock
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingprofits of 73 million euros from 6 million in the previous quarter. The lender’s Q4 results include..., while the group’s figures 43.6 and 55.9 percent respectively. The non-performing loan (NPL) formation... the highest among NBG’s domestic peers. During the conference call, the management noted that, excluding
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