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Newsletter 74 - 20/05/2016
protective mechanisms need to be put in place for lenders and certain creditors. Initially, the Greek... and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... funding. The vote on Sunday represents the final hurdle that the prime minister has to clear
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Opposition pledges to continue pursuing OPEKEPE scandal as new evidence emerges
PoliticsGreek Politicsproposal was put forward by MP Nikos Christodoulakis, a former supporter of Doukas who has now formed..., while New Left said the document undermined the findings of the inquiry and gave enough grounds... in order to outflank his internal challengers, while avoiding a binding vote.
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturessurrounding it, the cost and complications involved in building the EastMed pipeline put a serious... change mitigation remains strong, with the EU parliament recently voting for a legally binding target... as funding assistance. However, the lion’s share of funding for construction will ultimately have to come
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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeaturesfor the Megalopolis unit. The consortium composed of Seven Energy and Gek Terna decided not to put in a binding offer for either unit after deciding that the structure of the deal and the share.... PPC received one binding offer for the Melitis unit in Florina from Mytilineos which was reportedly
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Newsletter 97 - 25/11/2016
with the country’s lenders in the near future. His comments appear to put to bed any ideas of snap... and funding. The rating agency estimates that banks’ non-performing exposure (NPE) ratio will decline to 40... funding costs, while impairment losses dropped by 12 percent QoQ to 182 million. The second round
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Moments to remember from the euro crisis
Agorabeing put in place. He suggested that before the crisis, longstanding current account imbalances... the ECB might no longer be able to accept Greek bonds as collateral for funding to local banks. Trichet..., Trichet warned Dublin that the ECB would not be able to maintain funding (ELA) for Irish banks
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek Politicsbe deemed “odious.” In January 2014, Giorgos Stathakis (now economy minister) appeared to put an end... with lenders more complicated by publishing the preliminary findings of a debt audit committee she..., but Konstantopoulou felt it had covered enough ground to issue its first findings on Wednesday, some two
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The state of play with Greek banks' liquidity
Economyto approve such a request. If confirmed, this would put significant pressure on the newly-formed Greek... of Greek banks’ access to Emergency Liquidity Assistance (ELA) funding. The request submitted by the Bank... for the approval like other ECB funding operations such as TLTROs. However, ELA can be restricted if the ECB
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Survey shows that Greeks cut back on healthcare visits in 2017
Societyfor the problem to resolve itself. Out of this, 35.8 percent said they were put off by the cost... on visits to the doctor. The findings were presented at the 13th congress on management, economics.... This can be interpreted as an outcome of slashed public health funding during the years of the crisis
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Greeks graduating after 2011 encountered limited opportunities, low pay
Societytheir studies. Despite laws recently put in place, the IOBE found that in seven universities surveyed... funding to universities and teaching staff had been slashed during the years of the crisis, falling 24 percent and 19.2 percent, respectively. Though the figure for funding cuts is lower than
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