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Newsletter 19 - 13/03/2015
minor offender. Again, though, the problem of jumbling history with the present is that everyone... representing Greece's creditors. Eurosystem funding hits €100bn mark ELA now makes up 63 percent of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February
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Fears and reassurances over PPC's dire finances
EconomyFeaturesis that with elections this year, PPC’s problems will once again be kicked down the road for someone else... produced from this form of coal. The first round attracted no binding bids in February, possibly... impact of dirty energy is more apparent than ever. A second tender is underway and binding offers
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingpercent year-on-year. The banks are keen to get e-auctions moving again, along with other measures...’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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Athens prepares for Blinken visit, hopeful of Libya shifting position
PoliticsForeign Policyhas again become a region of geopolitical interest for the US, especially following the war... 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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Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
PoliticsGreek Politicsof spyware on the same journalist’s phone. The government has once again denied that it engages...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
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agoracustomers started to rise again Despite the apparent deterioration in Q1, banks appeared confident... supported by the seasonally high inflows in December. At the same time, reliance on Eurosystem funding... Assistance (ELA) and ECB funding down by 3.9 and 4.8 billion respectively. However, this positive trend
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From soup kitchens to school meals, demand for welfare in Athens is surging
Society1,400 people a day but the worrying finding from the survey is that 41 percent of those attending...The City of Athens has conducted the first ever survey of people using its welfare services, including soup kitchens, and the findings of its report provide further cause for concern about the social
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Greece sizes up task of restructuring corporate debt
Economyfor Greece have better prospects although there is a general lack of investment activity. Another finding...The Bank of Greece (BoG) released on Friday the findings of a recent workshop in which representatives from the Finance Ministry, the EU, banks, corporates, international experts and consulting firms
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Lowest income groups in Greece saw wages drop and taxes rise most during crisis
Societya political polarization and even extreme political affiliations”. Another finding is that in Greece.... Among its main findings is that while wage-related income per household fell on average by 10.9
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Greek employers struggling to fill positions with right people
Societyin finding the right candidate for the job, with two in five saying this was an impediment to recruiting... shortages are not having any impact on client-facing activity. Commenting on the findings, Manpower’s
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