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  1. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    ’s various portfolios, management noted that a binding offer had been received for the sale... that it had entered into a binding agreement with Intrum for the purchase of 30 percent

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  2. Move to legislate on climate change offers opening to bolster environmental laws
    Photo by MacroPolis

    PoliticsGreek Politics

    of binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed... binding emissions targets for the country as a whole and for the public sector, as well

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  3. Athens prepares for Blinken visit, hopeful of Libya shifting position
    Photo by MacroPolis

    PoliticsForeign Policy

    or are related to natural resources explorations.” However, it is not certain whether this ruling is binding... in a case that is being ruled by a Supreme Court.” Whether the ruling is binding or not, the Greek

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  4. Mitsotakis targets rivals as Androulakis tries to shrug off doubters
    Photo by MacroPolis

    PoliticsGreek Politics

    that meaningful reform requires broad, binding consensus — but insists this consensus must be forged.... Figures such as Haris Doukas, Pavlos Geroulanos and Michalis Katrinis are pushing for a binding

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  5. Politicians have commissioned, and largely ignored, multiple reports on wildfires

    Society

    into the devastating wildfires of 2007. Mitsotakis noted that “several of the findings unfortunately still apply... to prevention. The report challenged the automatic assumption that an increase in funding would improve... of emergency funding as the fire season approached. Meanwhile, the forestry service, which prior to 1998

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  6. Mitsotakis apology for wildfires gets sceptical reception

    PoliticsGreek Politics

    with emergency funding of half a billion euros from the budget, will be directed by the Prime... areas for funding earmarked in the national recovery plan for reforestation. The PM said the areas... accused New Democracy of “burying” the findings of the Goldammer committee, which were delivered

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  7. Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Pressure is piling on the Greek government to respond to the findings of recent reports which... to EU funding, which has already been invoked to block Hungary from receiving RRF funds. Perhaps..., a support package for regional media and more transparency around the allocation of state funding

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  8. Snap elections in Greece bring state's liquidity constraints into focus

    Economy

    these circumstances, the Finance Ministry (MoF) is reportedly considering alternative funding... and the extraordinary T-Bill issues needed to bridge the funding gap. According to the latest MoF... banks, which use them as collateral for cheap funding with the ECB. For further T-Bill purchases

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  9. ECB refuses Greek government bonds as collateral: What does it mean?
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    Economy

    the waiver on Greek banks using junk-rated government bonds as collateral for funding. According... Assistance (ELA) mechanism. According to the latest official BoG data, Greek banks' ECB funding... (at the end of September) would no longer be eligible for ECB funding as of March 1 following a previous ECB

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  10. Newsletter 23 - 17/04/2015

    Newsletters

    and structural reforms that could form the basis for an agreement to release further bailout funding..., concluding the fifth programme review and unlocking fresh bailout funding. Samaras felt that he could... recognition of those DTCs could exert further pressure on the banks’ capital base. Banks’ Eurosystem funding

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