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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingcapitalisation of mid-2013 to September 2016, the fund saw the value of its holdings plunge from close... and capital controls being imposed. The four banks proceeded to share capital increases via a book
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Newsletter 384 - 09/06/2023
. Commercial transactions Greece’s trade deficit saw a significant drop of 22.9 pct YoY in April... windfall profits and to impose price controls on retailers and limits on the profits of energy companies
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PM pins hopes on conciliatory approach to soften farmers' protests
PoliticsGreek Politicssections of the sector. A representative of the farming associations of Larissa said his members saw... controls on goods affecting production costs and measures to protect indebted farmers. The government
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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Economy. Following Moody’s upgrade, Greece closes a painful 15-year cycle that at the start of 2012 saw the country... in long-term debt reduction. Moody’s argues that Greece has implemented expenditure controls
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Predatorgate and OPEKEPE offer opposition ammunition amid deteriorating public sentiment
PoliticsGreek Politicsas PASOK also saw a decline in voting intentions to 9.3 pct, from 10.5 pct. SYRIZA has also seen its... will ensure tighter controls, told the parliamentary inquiry into OPEKEPE that conducting checks in time
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Amid publicity storm, Tsipras publishes 'Ithaca' and fuels speculation about new journey
PoliticsGreek Politicsalone, taken to resist what he saw as a creditor “trap,” and argues that the “No” vote forced lenders... voters of the bank closures, capital controls, and youth emigration that followed. Government officials
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Greece's open floodgates
Agoradue to heavy rain. This tragedy should never have happened and everybody that could have prevented... cemented over, leading to flood waters being directed to built-up areas when there is heavy rain. He
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Tsipras steps in to limit damage, Mitsotakis eyes tax cuts and fiscal targets
PoliticsGreek Politicsat the same time that SYRIZA is making an effort to recover from the blow of a heavy defeat in the European... Euclid Tsakalotos attributed the election losses to the heavy tax burden carried by the middle class
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesthe economy’s heavy reliance on tourism to developing energy, tech and defence sectors. The coronavirus... a heavy impact thanks to the volume of direct and indirect reliance on tourism. Mitsotakis called
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Protests and policing shake up political agenda as early election scenarios resurface
PoliticsGreek Politicsfor the escalating political tension, after a week which had seen allegations of heavy-handed policing... reaction of residents to heavy-handed policing in the residential suburb of Nea Smyrni, and the riots
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