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Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBankingthe implementation of the bank’s transformation plan as well as successful corporate restructurings. Greek NPE... for 2019. The first is the sale of a portfolio of Greek SMEs secured with real estate assets... stood at 7.9 billion euros, which continues to represent the highest level among their Greek peers
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Mitsotakis lauds Commission VP nomination amid murmurs within party
PoliticsGreek Politics, and for some insulting, title given to the position destined for Schinas, the Greek government celebrated.... The Greek leader argued that von der Leyen’s decision was evidence of Greece’s improved standing... politicians who believe that the turbulence might only die down if Samaras is offered the Greek
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Calls for measures to lessen impact of Thomas Cook collapse in Greece
EconomyFeaturesbe felt by Greek hotels who would end up making a loss as a result, and that the option of legal action would be explored in order for hotels to recoup their losses from Thomas Cook. The Greek Tourism Confederation (SETE) estimated that the economic losses for the Greek tourism industry as a result
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Court verdict on 2016 pension reform seen having fiscal impact
Economythe Greek state was not in compliance with the decision during that period. The Greek government appears... Commission, the Bank of Greece, the International Monetary Fund and the Greek Fiscal Council have
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicson Greek courts, pension reform and a second tax bill. Mitsotakis insisted that the changes..., with the Greek government under pressure to show that it has wiped out the fiscal gap, which stood... regarding more relief measures seeming premature. Papangelopoulos Away from economic issues, Greek
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicsthe position adopted by the Communist Party (KKE), which is that eligible voters must be on the Greek electoral roll and have lived abroad for less than 30 years, as well as being registered with the Greek... by the Greek diaspora, but also because it wants to prove to voters in Greece that more consensual style
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HRADF development plan lays out list of actions pending for privatisations
EconomyFeaturesof ownership rights between the Greek State and HRADF on the plot and the transfer of rights from HRADF... for the licensing of the tunnels. In total, four issues remain pending from the Greek state and six from..., and that alternative scenarios for the sale of the Greek state’s share are being explored. For the Public Power
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Ankara springs surprise on Athens with Libya maritime deal
PoliticsForeign Policy” it added. Diplomatic sources said that following the news of the MoU being signed, the Greek government... the possibility of Turkey conducting research in the Greek continental shelf. It was also aware of talks over several months between Turkey and Libya. But analysts note that the Greek side may have been
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ND focusses on economic goals in run-up to budget vote
PoliticsGreek Politics, avoiding putting any unnecessary extra pressure on the Greek economy. The ruling part claims... percent of GDP. He said the Greek argument will be based on four main factors that improve debt... as well as Greek diplomacy over the past few days. An op-ed published in Ta Nea newspaper on Saturday
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Hellinikon runs into another stumbling block as casino tender falters
EconomyFeatureshad voiced his concerns to the Greek government and the Hellenic Gaming Commission about a possible... that the procedures as prescribed by Greek and international law have been complied with,” he insisted. However... euros. Another 880 mln euros in financing has been secured from Greek banks, while 150 mln
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