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Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgrammeAthens has made in completing the fourth review’s 88 prior actions. The discussions in Athens... to what has already been done on the NPL front… we would welcome the removal of some remaining....” The creditors are also expected to go over the work that has been done by Greek authorities
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Over to PMs after progress in Macedonia name talks
PoliticsForeign Policy“the package related to the positive agenda has been 100 percent agreed.” He further added that “we have... name in all cases related to its international relations. It has been suggested that the opposition... needed. It should be noted that VMRO–DPMNE has been voting in favour lately of all the bills related
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Report on PPC’s viability ruffles feathers and shakes share price
EconomyFeaturescategories of customer. PPC has been struggling for several years now and was one of the main focuses... figure of 170.2 million. The firm, which is 51 percent owned by the Greek state, has performed..., a move that has been heavily opposed by workers’ unions. McKinsey’s report emphasises
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Coalition picks out positives from lenders' deal, clashes over political violence
PoliticsGreek Politicsfor voters. He also pointed out that the government has secured the right for collective bargaining..., meanwhile, has repeatedly criticised the government since last week for allowing Former Yugoslav.... The conservatives believe that this has expansionist connotations, linked to the Ilinden uprising
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Tsipras claims he is in no hurry to call elections after bailout exit
PoliticsGreek Politics, it is the strongest public statement he has made so far about holding on for a little while longer, until 2019... suggest that SYRIZA is seeking a closer alliance with Boutaris than it has had in the past, possibly... Boutaris, who has been supported by PASOK and To Potami in the past, also receive the backing of SYRIZA
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingof its ongoing strategy to de-risk its balance sheets and reduce bad loans, Alpha Bank has a portfolio.... Since Q1 2017, overall Eurosystem funding has declined by around 9 billion euros. The decline... Greek Bank for its sector-leading capital position has the ability to play an active
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More debt talks lined up but chances of IMF departure growing
EconomyProgrammeto the June 21 Eurogroup as the date by which this matter has to be settled. Scholz said he is waiting... decision” would emerge. The Greek government has already started playing down the importance... after the last Eurogroup in Brussels and stressed the need for Athens to abide by the measured it has
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Industrial production increases by 1.9 pct in April, March revised upwards
EconomyMacroeconomy. In the year so far, industry confidence has declined by 1.4 points. The Commission’s latest... negative for a third month. In the year so far, industry confidence has declined by 1.7 points... which the reading has stayed above the 50-mark threshold.
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What the ECB did next - a tale from another crisis
Agorastimulus and crisis response measures. Mario Draghi has to preserve Euro-stability without appearing..., but politically unwise? The ECB has given to many the impression of going about systematically... submitted as collateral for bank borrowing and then keeping ELA under a short leash. This has been widely
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New overdue taxes rise by 599 mln in April, total stock continues to grow
EconomyMacroeconomy, data from the Independent Authority of Public Revenues (IAPR) has revealed. The latest monthly... million in April, meaning that the total number of tax debtors has stayed under 4 million for a third.... The IAPR has set a goal for the overall tax collectability rate to reach 84 percent in 2018
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