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Bank of Greece decision bolsters Greek lenders’ capital ratios
EconomyMacroeconomyrecognition up to 10 percent of CT1 with a 10-year phase out period. This means that following... ten years. Thus, in 2014 they will recognise DTA up to 90 percent of CT1, in 2015 up to 80 percent and finally up to 10 percent in 2023. The next important developments for Greek banks involve
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No victory, just plenty of misery
Agoracommentators that end up resembling cheerleaders rather than sober judges of the events that have unfolded... finances it amassed public debt that stood at 130 percent of its GDP after the government piled up 117... be in their interest as a sovereign bankruptcy would open up all sorts of cans of worms. However
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Resignation of PM's aide poses grave questions for coalition, institutions
PoliticsGreek Politicssuggesting that he had made up what he told Kasidiaris to get Golden Dawn off his back after they began... in Parliament in May 2013. It proved to be one of the key moments leading up to DIMAR's departure from... by the leftists' departure because it could team up with Golden Dawn. Therefore, Wednesday's
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Greece's ultimate sacrifice for stability
Agora, the self-styled anti-systemic party, was completely at ease with the idea of cosying up... probe into the video might establish whether Baltakos can back up this claim. Then again, maybe... its efforts to ensure Greece lived up to its international obligations. Papaioannou described
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Greek politics in thrall to new faces and old ideas
Agora, SYRIZA has benefited most from the chasm-like political cleavage that opened up in 2010. From... up for their lack of ideas by bringing in new faces. All the groupings have been advertising... on candidates whose strengths lie in their professional achievements rather than how many rungs up
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European Commission paper highlights challenges for Greek exports
Economymaking up for the initial loss within three years or less, Greek exports have recovered only... of Greek institutions up to the EU/OECD average would close the Greek competitiveness gap by between 54... assessments further. According to the paper, progress so far needs to be followed up with resolute further
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Political tremors shake Spain, overshadow economic progress
Agoraministries in up to three different socialist governments. Having contemplated their result... with money laundering and fiscal fraud. If she goes to trial and the appeal is rejected, she could face up... up to 1.2 percent this year from last year’s 1.2 percent contraction, the Spanish government’s
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End of troika in Greece would create new challenges for coalition
PoliticsGreek Politicsdraw up its own six-year reform programme, which would be rubber stamped by the EU and then monitored... the capacity at this stage to draw up a reform plan that stretches as far ahead as six years. Also... and desire to draw up a scheme that would meet with the EU’s approval. Signs of tiredness have been visible
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyof those cases, this resulted in the calculation of a property value up to 10 times higher than... decided that the MoF would recalculate the value of the relevant properties and come up.... These include those with annual income up to 9,000 euros and who own properties with a surface area
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Strong tourism season confirmed by Q2 accommodation turnover
EconomyMacroeconomy5.24 million last year. The highest increase was posted by tourists from the UK (up 33.8 percent), USA (up 22 percent) and France (up 15.1 percent). On the flipside, arrivals from Germany exhibited... and September, arrivals during this 5-month period made up 82 percent of last year’s arrivals. Following
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