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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesutilised. To date, Greece imports almost all its natural gas and has never made any physical exports.... All of them either involve costs out of proportion with the price and quantity of gas to be moved... contender for a regional energy hub. In order to fully realise this ambition, however, the onus
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Eurogroup sets up completion of third review, plans for programme's end
EconomyProgrammeof arrears and to support the build-up of the cash buffer of the Greek State, in order to support... that since the government has passed legislation which means that all auctions will be conducted.... “We must be sure that e-auctions can take place in all parts of the country,” said Moscovici
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Political confrontation as Novartis case transferred to Parliament
PoliticsGreek Politicsthe firm’s Greek branch has sparked an all-out war between the government and New Democracy..., underlining the fact that prosecutors have yet to explore all aspects of the case and that more time may... in order to damage its opponents. Kammenos Another case file that is on its way to Parliament
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Eurogroup confirms third review almost done but e-auctions still a concern
EconomyProgrammein order for banks to reduce their non-performing loans at the rate that is expected. All property... for the institutions to return to Athens next week to start preparations for the fourth and final review as all
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NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingbillion to be reduced in 2019 in order to meet its targets. P&L Net interest income (ΝΙΙ) fell by 3... agreement expired on March 28. The bank will consider all available strategic options factoring.... Furthermore, the non approval of the Banca Romaneasca deal by the Romanian regulator will also lead to all
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Newsletter 161 -11/05/2018
government over the fourth review. All sides still appear focussed on reaching a staff-level agreement... on Athens is facing a tall order with the deadline for prior actions to be completed in a timely manner... could account for as much as 37.2 percent to 44.8 percent of all employment. 2 New overdue taxes up
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Greek Salad (made in Italy)
Agorarules (globally) to favour SMEs; and have the government run bailed out banks. All that is alarming... in any direction at all. It is extremely unlikely that Di Maio and Salvini have the calibre themselves... on the chairs, they might feel entitled to recreate the worst of what they opposed, in order to correct
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How 'clean' can an exit be? Athens snared between Rome and Berlin
Agorapresident Emmanuel Macron and Klaus Regling from the European Stability Mechanism (ESM) had all... is that they exist in order for policy makers not to have to touch them. Relying exclusively on international... but all participants would be advised to heed the lessons learned from three years ago. *You can follow
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Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgramme. In order to meet this commitment, property taxes will be adjusted so that objective values are in line... the programme are to be continues, with the most notable being the roll of out all three pillars... the public administration. By the end of this year, the most notable actions are the completion of all
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Newsletter 168 -29/06/2018
or lawmakers from other parties to the government in order to boost its numbers in Parliament. It seems... 100 for all months in the year so far apart from March, when the figure dipped to 99.8. Compared... points to -52.4 points in June versus -51 points in May. Month-on-month deteriorations were noted in all
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