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Mitsotakis starts second term, prepares to name cabinet and launch reforms amid far-right rise
PoliticsGreek Politicswith responsibility of overseeing the government’s role in Parliament. Former Interior Minister Makis Voridis... to Education, which Niki Kerameus will leave to take over as the new interior minister. Former Citizens
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Greece aiming to agree updated migration deal with Turkey
PoliticsForeign PolicyJohansson and German Interior Minister Nancy Faeser, the Greek minister said there is more cooperation... following the EU Interior minister’s council that “in my view this statement (EU-Turkey deal) should
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Parties gear up for vote on bill permitting private universities
PoliticsGreek Politicsbefore receiving an email from the Interior Ministry regarding the postal vote. The inference... available and does not contain contact information. The Interior Ministry issued a statement denying
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Data protection ruling adds to pressure on New Democracy from ranks
PoliticsGreek Politics-Michelle Asimakopoulou to obtain the contact details of overseas voters from the Interior Ministry... of State. In May, the Interior Ministry received a fine of 400,000 euros and Asimakopoulou herself
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Investment: The forgotten casualty of the Greek crisis
Agoraby housing at 25.2 billion euros, which represented more than 41 percent of the total. At 8.9 billion euros, other construction was just shy of 15 percent of the total, with the combined construction-related investment reaching a total that exceeded 34 billion, dominating the investment space with 56
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Greek banks complete book building: A recap of where we stand
Economyparticipation has been completed. Alpha and Eurobank covered their total capital needs without any state aid... round of Greek bank recapitalisation for each bank Alpha The bank’s total capital needs (under..., the bank raised capital of 1.55 billion euros from the book building process, bringing the total
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Banks focus on defining challenge of reducing NPEs
EconomyBanking, with a ratio of just over 21 percent from a third of the total loan portfolio last December. For Alpha... euros of total NPE reduction, while the effort of meeting the final target will be led by sales... of a portfolio of retail unsecured non-performing loans. The total outstanding aggregate balance
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Greek bank capital increases: A breakdown of what has been achieved
Economyof the Hellenic Financial Stability Fund (HFSF) raising a total of 8.31 billion from private (primarily... capital increase this month, raising 2.5 billion on May 9. The transaction was reportedly two times... the announcement of capital needs by the Bank of Greece (BoG). They completed capital increases of 1.2
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economya total of 3.1 billion or 14 percent of capital needs from private investors, exceeding the 10 percent... period of uncertainty regarding the bolstering of their capital base and ability to raise fresh money... the stability of the Greek banking system through the strengthening of banks’ capital adequacy. Its scope does
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National Bank follows other Greek lenders' by opting for capital increase
EconomyBankingequity raising of 2.86 billion. In total, the four core banks are seeking to draw 8.31 billion from... an Extraordinary General Meeting for May 10 to approve a capital increase of up to 2.5 billion euros. NBG... banks’ capital needs - that its capital plan “will address the capital needs without raising new equity
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