Search
-
BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingThe Bank of Greece (BoG) has reportedly finalised, in collaboration with Rothschild & Co, its plan... sooner than BoG’s plan. DG Comp in Brussels has been examining the HFSF plan because the bid.... Additionally, BoG governor Yannis Stournaras, has said that banks will support the adoption of whichever
3% -
Last-minute labour amendment, university asylum law fuel political row as third bill passes
PoliticsGreek Politicsare respected. Finally, a deadline has been introduced for workers to take legal action against employers once the reconciliation process has been launched. The changes provoked the anger of SYRIZA, which.... The latter issue has flared up over the last few days after New Democracy accused SYRIZA of allowing
3% -
New waste strategy dials down recycling targets, promises to address landfill problems
PoliticsGreek Politicswas given to waste management on the islands, where the problem of illegal landfills has been.... Describing the present situation as “disheartening”, minister Costis Chatzidakis acknowledged that Greece has.... Greece also has a poor record in conventional waste management. With more than 80 percent of waste
3% -
Govt rebuffs uncomfortable reports on money laundering, unpaid contributions
PoliticsGreek PoliticsThe government has been put on the defensive as a result of a couple of reports in the international media, while Prime Minister Kyriakos Mitsotakis has had to step up efforts to improve North.... Government spokesman Stelios Petsas told Skai TV on Friday that Athens has sent a response to the FT
3% -
MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politics. The government has already let it be known that the extra funds will be paid out in cash and will go to some... of the Greek President by MPs and snap general elections. New Democracy has proposed for MPs to hold up... challenged Genimmata for the leadership of KINAL, was also critical. He argued that Gennimata has
3% -
BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBanking(DTC). BoG notes that throughout 2019 economic sentiment has been improving and that this has... months, albeit still three notches below investment grade. The liquidity of the banking system has... in the stock of non-performing exposures (NPE), which has a knock-on effect on the profitability
3% -
Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsa vis Erdogan. This represents perhaps the biggest challenge the centre-right leader has faced during... for the government as Parliament approved its second tax bill. New Democracy has been emphasising... to 830 euros on average. New Democracy has repeatedly accused SYRIZA of overtaxing the Greek middle
3% -
Spree of media deals puts spotlight back on ownership issues
Societyproperty of defunct MEGA channel, which has been off air for a year. Marinakis, who already owns the DOL newspaper group, has been on a media buying spree since 2017. The DOL group includes two of Greece... favourable treatment for an (unnamed) aspiring media baron. Further consolidation has been taking place
3% -
Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyconfirmed that it has sent the agreement to the United Nations for approval. Diplomatic sources in Athens... and NATO. At this point, Greece’s main aim to “internationalise” the issue has been achieved... as well as condemnation of Turkey, no major player is specifically has called the Turkey-Libya memorandum
3% -
Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek Politics. There are two more rates of 9 and 10 pct for higher earners. New Democracy has targeted property and income... and to double down on the message that it has been consistently trying to get out to voters since... taxes and less bureaucracy will make Greece a more business-friendly destination. The government has
3%