Search
-
Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyitems excluding loan provisions and profits. The bank said the full set of Q2 results... at the end of September. We set out below the key trends visible in the results presented by the two..., though, that the NPL formation more than halved to 111 million in Q2 from 264 million in Q1, while
18% -
Calls for snap polls, parliamentary probes set tone for polarised politics
PoliticsGreek Politicsinto a slanging match between the government and the opposition and set the tone for the upcoming months... having rising debts. He also announced plans to set up a panel of experts to assess the out... into the bank loans if the government also agreed to set up a committee to look into the imposition
17% -
This is where the last few days have left Greece and lenders
Agoraset by the other side, which is the upfront legislation of new measures. Taxes and pensions The two... the creditors that the two sides would also agree on a set of “counter-measures” to offset the impact... by Germany. What can be said about the latest set of measures and the way they will be weaved
17% -
Pressure from government MPs pushes PM towards resolution with farmers
PoliticsGreek Politicsown ranks as well as escalating protests across the country, the PM’s office looks set to attempt... their constituents. Lawmakers were exasperated over the apparent complexity of the reforms set in motion by PM... “beaten up out there”, while others claimed they were fearful of being “lynched” if they attempted
17% -
Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politicsof the May 21 elections, Prime Minister Kyriakos Mitsotakis is due to set out his policy agenda on Wednesday... and Ellines 3.5. If this was replicated in the first election, ND would gain 111 seats, SYRIZA 90, PASOK... of undecided voters according to the way they are currently leaning, as set out in the latest survey
17% -
Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set... the implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs are due to visit Athens next week to discuss with Greek authorities the second set of milestones
17% -
Review set to resume in Athens as debt talks drag on
PoliticsGreek PoliticsMinistry official, who told local media that discussions on debt relief are set to continue... of capital controls. He also suggested that the set of reforms currently under discussion are only... is set to be realistic. This issue is inextricably tied to debt relief and Lagarde made it clear
17% -
Lenders set out post-MoU framework with aim of securing reforms
EconomyProgrammeDetails of the post-programme framework that is set to be agreed at Thursday’s Eurogroup, ensuring... in Kathimerini and Bloomberg set out the details how the enhanced surveillance will be structured and what... by the end of 2020 and set up at least 240 primary healthcare units during the same period. Centralised
17% -
Lenders set out post-MoU reform tasks ahead for Athens
EconomyProgramme) programme, last Thursday’s Eurogroup also outlined the set of commitments that the Greek authorities will have to undertake so the complete set of reforms are successfully signed off. Additionally, two... unified pension fund (EFKA) is expected to be fully set up by mid-2020, while reforms in the health care
17% -
Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek Politicsministers set to meet on September 9 to discuss bloc-wide interventions, the government in Athens... leading up to the TIF announcements, however energy is set to absorb the lion’s share of spending.... Meanwhile, government sources say the PM intends to set the tone by emphasising the unprecedented
17%