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  1. Govt weighs escalating impact of Ukraine war on public finances

    PoliticsGreek Politics

    The government is racing to keep up with estimates of the impact of war in Ukraine on the budget... and wholesale sectors are warning of a new wave of price hikes directly affected by the war in Ukraine... to the war, while the rally in natural gas, electricity and oil will amplify the inflation wave

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  2. Greece goes operational amid growing concern about Iran war blowback
    Image: Hellenic Navy

    PoliticsGreek Politics

    mobilisation, as the war in Iran spills into the Eastern Mediterranean and draws Cyprus — and by extension... a national line. It insists on zero involvement in the war. The Communist Party (KKE) argues that Greece... President Trump about a possible five‑week war — and even the prospect of US ground troops entering

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  3. Newsletter 64 - 26/02/2016

    Newsletters

    the past few days, the Greek government now finds itself in the midst of a diplomatic tug-of-war... basis. Overall, the BoG urged Greek banks to substantially reduce their NPL stock over the next two... were killed in the war with the Turks, while even more were forced to flee their homes. The effect

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  4. PM brings law and order back onto agenda as foreign policy issues dominate
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    and order agenda. Since Prime Minister Kyriakos Mitsotakis’s recent trip to the USA and the subsequent... it to strengthen the economic recovery and to restore law and order. He went on to reference both left

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  5. Spate of crimes tarnish ND's law and order image, force changes
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    There is concern within the government that it is falling short of expectations in terms of the law and order agenda, and one its priorities in 2024 will be to make interventions that reduce... in New Democracy’s ability to tackle criminal behaviour and ensure public safety. Law and order has

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  6. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    was the significant acceleration in the non-performing loan (NPL) formation, which jumped threefold..., where NPL formation reached 327 million versus almost zero in Q2. Deposits fell 0.7 percent quarter

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  7. Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    impact on banks’ liquidity and macroeconomic stability. A secondary NPL market is regarded as being... 22 billion euros in the NPL reduction effort. The sMoU builds on the already established process

    22%

  8. Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
    Photo by MacroPolis

    EconomyBanking

    stock on its balance sheets with the total currently standing at 26.1 billion. NPL stock stood... in the first half of next year. Another two NPL securitisations are in the works with a value of 1

    22%

  9. War of words fuels bitter mood in Greek politics
    Photo by Panagiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The war of words between the government and its opponents intensified over the weekend as accusations were traded, taking the tension in Greek politics up a notch or two. The activity was sparked... in the relations between the two countries, while 44 percent believe that war is a possibility.

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  10. Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances

    PoliticsGreek Politics

    ways of mitigating the economic impact of the war. Following a meeting of the Government Council... and vegetables to Russia and Ukraine are also concerned about the impact of war and sanctions. There were

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