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Newsletter 74 - 20/05/2016
protective mechanisms need to be put in place for lenders and certain creditors. Initially, the Greek... be solved by a private equity fund such as Atlante alone. The dual nature of Atlante’s mandate is also...) of the European Central Bank (ECB). They are obliged to reduce their NPLs on a yearly basis by 15 percent
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NPL resolution in Italy and Greece
Agora, how burden sharing can be adopted and what protective mechanisms need to be put in place for lenders.... The dual nature of Atlante’s mandate is also its most challenging element. The more the fund... by the Single Supervisory Mechanism (SSM) of the European Central Bank (ECB). They are obliged
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New migration law passes amid questions over Chios tragedy
PoliticsGreek PoliticsThe latest legislation put forward by Greece’s centre-right government aimed at making the country... it as a dual‑track strategy: tougher controls on irregular arrivals paired with a more streamlined system... is complying with European Court of Human Rights rulings. Course of Freedom MPs demanded that Shipping
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Lenders to put onus on Tsipras with offer to wrap up review
PoliticsGreek Politicshis prize. If, for instance, any meaningful discussion is put off until after the German elections... to conclude the review. Reports suggest that the European lenders and the International Monetary Fund... debt relief measures would be a significant prize for Tsipras and would pave the way for the European
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Kammenos antics put extra pressure on SYRIZA's minority govt
PoliticsGreek Politicsleader has often put him in a difficult position but while they were in power together, the prime..., the European Parliament elections, due in May,” he added. While this was not seen as a clear indication that national elections will be held in May – at the same time or possibly a week before the European
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Government braces for farmers' protest, SYRIZA officials put out by leader's approach
PoliticsGreek Politicsdemonstrations. After the meeting, the farmers decided to put into action a plan to hold a protest in central Athens, mirroring recent demonstrations by farmers in other European capitals... does not improve heading towards this summer’s European Parliament elections, either Kasselakis’s
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Lenders put together proposal that may leave Tsipras struggling
PoliticsGreek PoliticsThe details of the proposal Greece’s lenders are set to put to Prime Minister Alexis Tsipras in the next few days have begun emerging, raising questions about whether the Greek leader will be able... programme in order to allow the European Central Bank to maintain the supply of emergency liquidity
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Hoping to continue poll recovery, PM tries to put lid on subsidy scandal
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has defended his decision to shut down the organisation at the centre of the farming subsidy scandal that has put his government in an uncomfortable spot at a time... not be interrupted. Even though the alleged fraud being examined by the European Public Prosecutor’s Office (EPPO
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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeDuring his visit to Athens on Tuesday, European Economic Affairs Commissioner Pierre Moscovici... have to submitt their draft budgets for the following year to the European Commission for review as part of the European Semester. Greece’s draft budget is due to be delivered to Brussels around mid
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Kasselakis offers more hints of a positive narrative for SYRIZA's post-Tsipras era
PoliticsGreek Politicsnot expect Tsipras to challenge him following the European Parliament Elections. Tsipras came... to holdings in offshore tax havens. The SYRIZA leader is due to present the party’s European manifesto... in the European Parliament, during which the European Commissioner for Cohesion and Reforms Elisa
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