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Greece, lenders inch forward after talks on settlement of tax and bank debt
EconomyProgrammeis tabled in Parliament. ENFIA Meanwhile, the Council of State has issued a ruling deeming... Ministry has to adjust property values, and consequently the ENFIA due, for these four areas
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Tsipras and Mitsotakis speak to their MPs but address wider audience
PoliticsGreek Politicsthe challenge of a major political change,” he said. “The time has come to leave aside all... has no plans to join forces with New Democracy or PASOK ahead of the next elections. “I’m
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Out-of-court settlement: An important tool to regulate debts to banks and public sector
Legaland will proceed to liquidation. In parallel, it is worth noting that the government has initiated... a remarkable effort to regulate current debts owed to banks and the public sector. However, it has raised
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Lesvos tragedy, Erdogan threat ratchet up refugee crisis pressure
PoliticsGreek Politicsof the EU-Turkey agreement earlier this year, Athens has been constantly concerned that it could collapse... side (he said it is proving difficult to hire personnel who stay in the job), Europe has also failed
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Greek stocks rise for third consecutive week as trading increases
EconomyThe Greek stock market has rebounded for the third successive week, albeit with slower gains of 1.9 percent from 5 percent. The improved market sentiment was accompanied by increased trading activity..., the market has posted gains of 5.9 percent. Bank stocks displayed a volatile performance, with strong
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The Cyprus conundrum
AgoraBrendan O’Leary and John McGarry have convincingly explained that every ethnic/religious conflict has a “meta-conflict” level. At the meta-conflict level, the conflicting sides disagree about what... militarily intervened. Since then, according to the European Court of Human Rights, it has been
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Deposits rise to 124.6 bln in Oct on inflows of 1 bln
EconomyMacroeconomy, the deposit flow has remained positive year to date with inflows of 1.39 billion, attributed to a positive..., central bank funding has decreased by almost 24 billion euros, also on the back
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
EconomyMacroeconomyreading since June 2007. Overall, the ongoing loan deleveraging of Greek banks has resulted in net... of decline has been posted in consumer credit (-28.9 percent) followed by corporate lending (-24.2
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New poll hurts coalition's recovery hopes as Turkey threat grows
PoliticsGreek Politicsthe recovery narrative the government has been trying to push for 2017. Just 23.5 percent believe... with the institutions, there are concerns about a flare-up with Turkey. The nationalist rhetoric from Ankara has
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What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgrammeis a prior action, while the MTFS 2018-20121 has to be legislated by May 2017. The MTFS 2017-2020... transactions’ taxation. As a prior action, the government has also to pass legislation for the promotion
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