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Eurogroup marks start of countdown for prior actions
EconomyProgrammereview stands. During the recent visit to Athens, the creditors reached agreements with the Greek... due to take place next year. The Greek government is adamant that no more measures will be needed.... Preliminary checks on Greek banks by the Single Supervisory Mechanism (SSM) are also in full swing
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Coalition seeks to remove review obstacles, turn up pressure on opposition
PoliticsGreek Politics? This is what Mr Mitsotakis has to explain to the Greek people,” he said. Paradise Papers New Democracy... it a “challenge for the international community and the Greek government.” He vowed that the coalition would investigate any potential Greek tax evaders included in the documents. New Democracy called
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Parliament to take up Kammenos allegations next week
PoliticsGreek Politicsof being in a panic over a string of allegations regarding the deal, which centre on a Greek businessman... his role in the efforts to reach a deal to sell up to 300,000 105mm antitank rounds from the Greek... of a middleman in the deal, who the Saudis denied knowledge of, Kammenos has also been accused in the Greek
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Credit contraction deepens slightly to 0.9 pct in October
EconomyMacroeconomyCredit contraction in the Greek market picked up pace slightly by 0.9 percent in October, compared... and came to 23.70 billion. The Greek market has been experiencing a contraction for the last six years... and reduction of the stock of non-performing exposures (NPEs) remains a challenge for Greek banks. NPEs
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Deposit inflows of 1.04 bln in October for banks
EconomyMacroeconomyThe Greek banking system experienced positive inflows of 1.04 billion euros in October, reversing... liquidity assistance (ELA) came on November 9 when it was announced that the ELA ceiling for Greek banks... in the liquidity situation of Greek banks, taking into account private sector deposit flows,” the BoG
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Athens, creditors on way to settling energy, labour issues in third review
EconomyProgrammeElectronic auctions are due to begin on Wednesday, with the Greek government hoping... that the lenders were content with the fact that the Greek state had dropped proceedings against... pressure is likely to be placed on the Greek government to ensure the matter is settled.
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Athens hopeful of clinching SLA after progress in creditor talks
EconomyProgrammeto the income criteria used to determine the granting of benefits. The Greek side wants to increase... some of the funds left over in the Greek programme to buy out the more expensive loans that Athens has... decision on whether to join again the Greek programme with new funding. “It's something that would
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Alpha Bank posts net profits of 35.5 mln in Q3, NPEs continue to decline
EconomyBankingsegment (+9 million). Overall, the Greek NPL stock fell to 18.5 billion euros in September, landing...). The bank noted that their tangible book value stood at 9 billion euros, the highest among their Greek... analysts note is the best among Greek banks. Alpha Bank’s CEO Demetrios P. Mantzounis said
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Erdogan ends trip with softer tone, consensus on refugees
PoliticsForeign PolicyTurkish President Recep Tayyip Erdgogan concluded his visit to Greece on Friday as the Greek... president also told members of the community in Komotini that they are Greek citizens and should... is not fully respecting the rights of the Muslim community, he insisted that Ankara has no designs over Greek
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Thessaloniki Port Authority contract signed, Hellenikon takes another step
EconomyProgrammefor the Greek state. Another positive development on the privatisations front was that the redevelopment... are to receive the approval of Greek Parliament and the Competition Commission. Both developments are significant for the Greek government, which faces the task of raising 2.74 billion euros
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