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Mitsotakis sets goals for first days in office after July 7 elections
PoliticsGreek Politicsthat there has to be a “strong hand on the wheel” if the country is going to change quickly... Movement for Change (KINAL) has already indicated it might back such a move but the two parties’ votes... doused speculation that he would take a cabinet post, along with the premiership. There has been
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Mitsotakis aims to hit ground running as polls point to clear majority on July 7
PoliticsGreek PoliticsMitsotakis has been giving out more details about what plans he has for his first days in office... has emerged from the crisis and that this should be reflected in the assessments made by credit rating... percent. MRB has worked on three scenarios for how the 300 seats in Parliament will be divided up
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BoG report highlights economic challenges, proposes way forward
Economyoutlines the areas where there has been significant progress but it also highlights several risks... and responsibilities The BoG notes that Greece has made remarkable achievements over the years and has... that two things are of the utmost importance - public investment, which has been drastically
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Mitsotakis earns space to govern with big win, Tsipras limits damage
PoliticsGreek Politicsand the clear majority means that Mitsotakis has won the political space he needs to implement his programme... break. Mitsotakis has also pledged that the hiring of 1,500 extra police officers and the signing... that Tsipras’s leadership of the party will not be challenged. In fact, he has a strong base to work from
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ND puts changes in education and justice system high on agenda
PoliticsGreek Politicsfronts. The centre-right party believes that it has to make a number of interventions in both areas... important area for the new government. Here, SYRIZA has also been accused of making interventions... the judicial system. The government has made no secret of its desire to make changes to the new criminal
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Mitsotakis in Berlin with limited expectations
PoliticsGreek Politicscapitals for the new Prime Minister, in the course of which the government’s narrative has shifted... stressed that the government accepts the commitments that the country has entered.... There has been positive news recently with the decision to lift capital controls, improved revenues
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Mitsotakis returns from Berlin with warm words but no encouragement on fiscal front
PoliticsGreek Politics. Following his two-hour meeting with Angela Merkel, the German Chancellor acknowledged that there has been much progress on a number of challenging reforms, and that Greece has gained positive momentum... seems to have struck a chord with Merkel, who has agreed to co-sponsor an investment forum
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingin Q1 while the NPL coverage ratio edged down to 69.1 percent. Eurobank noted that it currently has... portfolio, is scheduled to be closed in November 2019. This multi-asset securitisation has a gross book... 2019. Emergency Liquidity Assistance (ELA) funding has been fully eliminated, with the total now
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Tsipras puts first broad brushstrokes to SYRIZA's picture in opposition
PoliticsGreek Politics, the centre-left Movement for Change (KINAL) has also been vehemently opposed to New Democracy’s labour... to Mitsotakis and New Democracy even since the elections, although the government has been in what is typically a “honeymoon period” with voters. The opinion poll suggested that the prime minister has
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Athens submits APS plan aiming to remove up to 30 bln of NPLs from bank balance sheets
EconomyBankingBrussels. The report adds that the government has received assurances from all four systemic banks..., Piraeus Bank has the highest NPE stock on its balance sheets with the total currently standing at 26.1... euros. Eurobank had NPE stocks of 14.9 billion and NPL stocks of 11.1 billion. NBG currently has
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