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  1. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    the September 2015 peak, NPEs have fallen by 12 billion euros. Management noted that it has concluded the sale... noted that Piraeus Bank has frontloaded workstreams on a 2-billion-euro mortgage securitisation..., the QoQ increase in the top line has almost absorbed the cost of the new Tier II issue. The new time

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  2. Constitution tweaked, consensus sought for Greek diaspora vote and next president
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that Prime Minister Kyriakos Mitsotakis does not seem to be considering proposing a second term) has already... the nationalist party was part of the governing coalition with SYRIZA. The controversy has been fuelled... has not been averse to favouritism since it came to power even though the reaction in the local

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  3. Focus shifts to DSA, fiscal targets after IMF loan prepayment
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    of the outstanding obligations to the IMF has been completed after Athens paid ahead of time 2.7 billion euros... euros. Greece has already repaid the Stand-by Arrangement of the first programme and until yesterday’s... Greece has to start repaying next year. Not factoring in T-bills, the Greek authorities have

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  4. PM aims to maintain pace of economic reforms as public worries about migration

    PoliticsGreek Politics

    representing PPC workers, has strong objections to the change in hiring rules at the power company... flexibility in the company’s workforce. In his meetings with European leaders, Mitsotakis has reportedly... the government aims to make in the coming months. Progress on this front has been slow since the summer

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  5. Greek pupils score below average in international rankings as long-term problems persist
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    The poor condition of Greece’s state education system has been laid bare in the latest OECD’s..., and is carried out in a number of countries worldwide. The survey has been carried out every three years... they live. As diaNeosis pointed out, after almost two decades of the PISA evaluation, there has been

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  6. OECD report shows poor quality of services and low trust in govt

    EconomyFeatures

    The OECD Government at a Glance report for 2019 has shown the shortcomings in providing services.... The report showed that trust in government has deteriorated by 22 percentage points in Greece between... and 2018 by 10 percentage points. In contrast, satisfaction with the education system has increased since

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  7. PDMA sets 2020 goals to build on improving conditions for debt
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    are in negative territory. The investor base has broadened, attracting more long-term investors, especially insurance and pension funds, while Greece’s rating has been upgraded by two major agencies: S&P..., this further compliments the fact that more than 90 percent of Greece's debt has fixed rates

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  8. New pension system, lower primary surpluses among govt targets for 2020
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to get 2020 off to a smooth and convincing start. Given that Prime Minister Kyriakos Mitsotakis has been out of Athens with his family over the past few days, much of the political focus has been... medium-term fiscal plan has to be drafted. The Greek side is hoping it can convince the European

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  9. Where is the EastMed pipeline heading?
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    Agora

    , the project could help diversify the EU’s energy sources and has so far received backing from the European Union and the United States, which has provided political support for the tripartite alliance... will be critical. The EastMed project has so far received the backing of the EU and the US. What should we read

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  10. Mitsotakis sets out economic goals for 2020 as govt vies for extra fiscal space

    PoliticsGreek Politics

    . The government has already identified the gradual phasing out over the next few years... the Fund would no longer be above its country quota. Greece has also requested a change in the use... that the government has already made an official request to the institutions to be allowed to transfer any excess

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