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  1. Eurogroup approves SMP and ANFA profit release, decision on investment use postponed

    EconomyProgramme

    and ANFA programmes and the elimination of the step-up interest margin for certain EFSF loans... this year, subject to the formality of certain eurozone parliaments also giving the thumbs up. The main goal... reference to the primary residence protection scheme. The efforts to clean up the banking system should

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  2. BoG urges banks to improve quality of capital, re-doubles SPV efforts
    Photo by MacroPolis

    EconomyBanking

    that Greek banks capital bases might come under duress. APS and SPV All these factors add up to an urgent... banks securitise NPEs. It adds, that it has set up a dedicated team that is improving its existing... could remove from banks’ balance sheets up to 55 billion euros of NPEs, from a stock of close to 75

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  3. General govt primary cash surplus at 7.50 bln in October, arrears fall by 54 mln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    months of the year, up by 773 million euros compared to the same period last year, according... of the total, tax refunds make up the majority of arrears during the month, followed by SSFs (23.7 percent... euros in October and made up 5.7 percent of the total. EFSF/ESM/IMF loans dropped by 54 million euros

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  4. Govt delivers diaspora vote, leads polls but receives Hellinikon complaint

    PoliticsGreek Politics

    to come up with any viable proposals. Even now, New Democracy had to water down its initial proposals... say that “hope” is the word that best sums up their feelings about the country’s present and future... forward swiftly, the complaints made by Allen are a serious blow and have already been picked up

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  5. Number of private sector employees rises by 78,391 in 2019
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of all firms were classed as small operations with up to four employees. Firms employing between five and nine employees made up 14.4 percent of the total and those hiring between 10 and 49 employees... to the total of 2.05 billion paid in 2018. Employees aged 30-44 made up the largest proportion of those

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  6. After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge

    PoliticsForeign Policy

    Greece, Israel and Cyprus signed on Thursday a historic agreement for the construction of the EastMed pipeline, bolstering their tripartite alliance and shaking things up in terms of the geopolitical.... There are several key events coming up where Greece will back up its effort to annul these agreements

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  7. Mitsotakis sets aside talk of next Greek president to meet Trump at White House
    Photo by MacroPolis

    PoliticsGreek Politics

    is recovering after a decade-long crisis as it looks to drum up more investment from the US. Athens also... on the agenda are likely to be the Greek government's plan to prepay this year up to 2 bln euros... not be as qualified as Pavlopoulos to speak up on national issues. Although there is some basis

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  8. Travel surplus rises by 12.7 pct in 9M
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    reasons, up slightly from 95.4 percent in 2018. The corresponding receipts rose by 14.5 percent... the EU 28 made up 66.8 percent of the total, with non EU visitors accounting for 26.8 percent. EU... by 15.5 percent to 983,000, and Russian visitors edged up by 4.6 percent to 469,000. Cruises During

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  9. ND under attack from all sides over handling of football wrangle
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    The government is trying to avoid tying itself up in knots after coming under attack from all sides... media outlets, where Mitsotakis was accused of being weak, the government has made a slip-up... on the government due to it failing to live up to its pledges to safeguard independent institutions and not yield

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  10. PM hopes solo run can lead to settlement of football dispute
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    stirred up by the football-related developments, it appears to have failed as the parliamentary debate... and World governing bodies for football, UEFA and FIFA. Meetings are being lined up for the coming... football. This is also a high-risk strategy as there is a possibility that the government will end up

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