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Only inconclusive poll result would prompt KINAL approach, suggests Mitsotakis
PoliticsGreek Politicsconjure up ideas of some kind of coalition,” he said. “I want to create broader convergences... of letting up in his criticism of Tsipras over this issue, even though the New Democracy leader was himself... suffering in the north of the country, keeping up the rhetoric on this issue may clinch
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammeprofits from eurozone central banks, which is worth 644 million euros, and abolishing a step-up... scheme for the protection of primary residences was the main topic that held up an agreement between... government was aiming to wrap up the process by the end of February, in accordance with the initial schedule
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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
EconomyProgrammerate of around 5 percent. He said this would free up fiscal space for social spending and tax cuts... taxpayers who owe social security contributions or tax to settle their debts in up to 120... as part of the package of measures but this will only be available to applicants who keep up
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Corruption claims dominate political discussion ahead of elections
PoliticsGreek Politicsparties. It is unlikely that there will be a let-up in this to-and-fro over the coming weeks...” and that the political system owes it to the people to clear up what happened in the Novartis case. “Punishment... place before she took up her job in the public sector.
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Feb current account deficit at 990.4 mln as services balance improves
EconomyMacroeconomyreceipts edged up by 29.6 percent and stood at 209.1 million euros, driven by a rise of 4 percent..., driven by an increase in foreign arrivals which went up by 7 percent in the aggregate period... billion in non-residents holdings of Greek government bonds and T-Bills. Reserve assets went up month
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PM aiming to unveil expansionary fiscal measures after Easter
PoliticsGreek Politicstaxpayers with relief ahead of the European and local elections coming up in May. Prime Minister... cutting taxes his top economic priority, but if the current government uses up the available fiscal space... for a nod from the institutions before the schemes, allowing dues to be settled in up to 120 instalments
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Debt relief measures move ahead as Athens prepares to use fiscal space
EconomyProgrammethe 103-million-euro step-up margin paid by Greece for the period between 1 January and 17 June 2018, as well as to reduce to zero the 2 percent step-up margin that would otherwise be payable on the 11.3... decision by the EFSF not to charge the step-up margin shows that the Greek government is abiding
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Tsipras set to unveil tax cuts as MPs prepare for confidence vote
PoliticsGreek Politicsof Kymbouropoulos. However, any attempts to stir up backbiting with the party so close to the EU... support for Polakis is that the party has to remain united in the run-up to national elections... and social security contributions in up to 120 instalments. He also dismissed New Democracy’s
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingeuros. The bank has set a target to reduce their NPE pile by 11.1 billion euros to 4.3 billion up... management noted provides flexibility to proceed fast with the clean-up of the NPE stock. At the same... percent. The NPL coverage ratio inched up to 80.7 percent. Regarding NPL sales, the bank highlighted
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Banks focus on reducing NPLs linked to property
EconomyMacroeconomy, the bank outlined that they have set up two new committees for the management of non-proprietary real... for this year, the bank notes that it has a total of 3.9 billion euros-worth of transactions lined up... the new framework, this would in turn free up resources in the Greek legal system to process
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