Search
-
New Democracy counters SYRIZA's offensive, unveils renewal effort
PoliticsGreek Politicsas it begins to announce its list of candidates for the next elections. SYRIZA has held up the two... programme countries borrow at. Specifically, the comparison was made with Portugal, which has a yield... sees things differently and has not changed much from its old ways. New Democracy announced yesterday
2% -
Second post-MoU review hinges on NPL plan and protection for primary residences
EconomyProgrammeAn uncomfortable Euro Working Group meeting last week has left Athens with much to do in the coming... if its decision has retroactive effect and, if so, it should apply from 2012. NPLs & Katseli law..., which is the date by which Athens has to show that it is making progress on the 16 reform commitments
2% -
SYRIZA cites support of six extra MPs as sign of stability, opposition protests
PoliticsGreek Politics, at the same time, supporting the government. This peculiarity has been highlighted by the opposition... with the government over policies. “Over the course of a number of days, New Democracy has cast doubt over the government’s majority,” he said. “The issue has been cleared up now… and because New Democracy
2% -
Fitch keeps Greek rating stable at 'BB-' but sees growth momentum building
Economyand Moody’s at ‘B3’, which is the ‘B-‘ equivalent, although it has not taken any rating action... that although the crisis has severely tested the country’s political and social stability, Greece’s... and the fiscal performance over the last three years has been stronger compared to peers. The weak
2% -
Despite some common ground, revision of constitution makes for new battleground
PoliticsGreek Politicselections from any difficulties Parliament has in electing a new president, although the two parties... limits the liability of former or serving ministers, has to be changed so they do not receive... and state which the leftists have advocated for many years. The government has stopped short
2% -
Government and banks reach deal over new scheme to protect main homes
EconomyProgrammeof the mortgage, where the upper level has been set at 130,000 euros. The new system will also include under its... subsidy that will be available to some homeowners. The government has reportedly set aside 450... the institutions as it will mean that one of the biggest post-bailout commitments has been met
2% -
European Commission report due to set tone for build-up to March 11 Eurogroup
EconomyProgrammethe state of play with the reforms Greece has committed to carrying out as part of the second post... for unpaid social security contributions, which the government has been working on for the last few... to tackle the pile of NPLs on banks’ balance sheets. The Greek government has sent the plan, put together
2% -
Brussels highlights lagging reforms ahead of decision on debt relief measures
EconomyProgrammeof protection of primary residences raises concern. "It has a large number of design and technical... Administrative Secretaries is significantly delayed. Finally, the divestiture of lignite plants has not been... no new arrears have been accumulated in net terms, progress with bringing arrears closer to zero has
2% -
Eurosystem funding falls by 1.16 bln in Dec, banknotes increase for fifth month
EconomyMacroeconomy, the Bank of Greece's (BoG) final financial statement for 2018 has revealed. As of December, the total... to 10.12 billion. In recent months, ELA funding has been steadily falling. In January this year, BoG... banks has steadily declined by 115.50 billion euros. The spike in funding had stemmed from
2% -
Parliamentary report highlights demographics challenge and urges immediate action
SocietyGreece’s problematic demographic makeup has once again emerged as a dominant story in the Greek... population has been in decline since 2010 as a result of the combined effect of out-migration (with net... population that the country has recorded in the last 20 years. Between 2011 to 2018, Greece’s population
2%