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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingbillion euros. With the drop of NPEs outpacing the deleveraging in the system that saw loans drop... in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids
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Coronavirus to delay much of privatisation plan
EconomyFeaturesthe privatisation’s timeline off track. Athens International Airport saw its total air traffic fall... binding offers. That phase would have taken place within the next few months under normal... Gas Corporation (DEPA) due to the disruption caused by the coronavirus. Nine non-binding offers were
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Home foreclosures and refugee crisis top agenda in Greece-EU talks
PoliticsForeign Policy) Setting minimum prices for generic drugs 4) Finding a measure of equivalent fiscal value to replace... as finding places for 50,000 refugees to live while they await reallocation. Tsipras also stressed the Greek... euros from the EU in funding this year to tackle the refugee crisis and suggested that the cost
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PM hits back at surveillance list claims, falls out with ally
PoliticsGreek Politicsreport Tuesday saw the release of the preliminary findings of the European Parliament’s PEGA committee on spyware, which reaffirmed previous statements by committee members. Summarising the findings... the evidence in Greece was “of impenetrable complexity”, several persons and entities named in the findings
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European Commission review of Greek programme: The key points
EconomyProgramme), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until... that the financing gap until May 2015 is estimated at 5.5 billion euros. This figure reduces to 3.8 billion if we.... Although the anticipated financing needs of 5.5 billion until May 2015 could be broadly covered
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Golden Dawn support down to 2012 levels but with potential to rise again, poll shows
PoliticsGreek Politicsdays of October, when the poll was carried out. SYRIZA also saw its backing rise from 20.3 percent... Thema newspaper underlines the findings of other surveys in the past few days, which show... is a threat to democracy but 26 percent don’t. Finally, 64 percent think it is right that state funding
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How Greek banks can balance on the collateral tightrope
Agorastate. From December to March, Greece saw private sector deposit outflows of 26.8 billion. It seems...’ deposits helps the government covering mainly its external funding needs, yet it has a direct negative... (ELA) funding. Based on the latest official BoG figures, Greek banks used ELA funding of 74.4 billion
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Buying time: The delayed crisis of democratic capitalism - a review
Agoraguidance and even finding its way into novels. Meanwhile, journalists are starting to encounter fatigue..., narrative and the attempts at finding sustainable resolution mechanisms that require - but mostly
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Troika piles pressure on coalition by insisting on key actions to conclude review
PoliticsGreek Politicsto complete range from finding ways to cover next year’s fiscal gap to ensuring the independence of its revenue collecting service. Some of the key actions that need to be carried out are: - Finding ways
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Why can't Greece be more like Cyprus?
Agoraof who is in power in Greece, the prospect of finding 400 million euros or more to cut from the budget... is experiencing an extended period of pain that leaves negligible room for manoeuvre. Finding a way
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