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  1. New court verdict adds to concern about impact of backpay on fiscal balance
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    takes the potential exposure on an ongoing basis and for backpay claims to more than 2 billion euros... newspaper put the possible total cost to public coffers for all the appeals pending at more than 6... billion euros. The legal process could yet prove lengthy and it is likely that this potential problem

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  2. Small parties suffer as Parliament edges towards vote on name deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    parliamentary group immediately caused a problem for the government because without To Potami’s... to vote on Thursday night, when the government expects that more than 150 MPs will back the pact...-left grouping seriously weakened. KINAL is now in danger of becoming PASOK by another name, rather than

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  3. Tsipras halts bid to help smaller parties amid opposition criticism

    PoliticsGreek Politics

    their privileges in Parliament if they are reduced to less than five elected MPs but other issues, such as TV air... in check rather than the other way around. The conservatives argued that the whole affair shows what...) on 6.1 percent. No other party is seen getting more than 3 percent, which is the threshold

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  4. Minister's actions put PM on the spot as politicians' loans stir controversy

    PoliticsGreek Politics

    value of his property is far greater than the amount he borrowed. On Monday, Attica Bank also issued... was not threatening the official. Quandary The latest incident poses a new problem for Prime Minister Alexis... owed more than 250 million euros, from 225 million in 2016. By contrast, SYRIZA’s loans stood at 6.2

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  5. Mitsotakis appeals to centre-ground voters in bid to score decisive victory
    Photo by MacroPolis

    PoliticsGreek Politics

    that if his party wins with a difference of more than 3.5 points (the gap SYRIZA had over ND in the 2014... polls suggest that more than 10 percent of voters are undecided. It is this audience that Mitsotakis... problem in voting for New Democracy. One of the tools Mitsotakis is using to entice this group

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  6. Greek banks eye positive market appetite for bad loan sales
    Photo via www.helex.com

    EconomyBanking

    strategies, resulting in an NPL and NPE ratio of less than 5 percent and 10 percent respectively in the bank... Bank of Greece also said in January that it plans to leverage the Hercules mechanism for more than... after achieving this Stournaras noted that the NPL ratio in Greece will be five times higher than

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  7. Covid-19 lockdown, slump suppress electricity demand and edge out lignite
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    below the March average and less than half the average price of April 2019 which came in at 62.4... and onshore wind already provide electricity at lower costs than the cheapest new fossil fuel-fired... emissions, a reduction six time larger than what followed the 2008 financial crisis. There is not only

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  8. More fires at Moria add to pressure for effective response to asylum crisis

    PoliticsGreek Politics

    of emergency on the island following the first conflagration, which left more than 3,000 camp residents... management as “predominantly a European problem”, while claiming that “Greece has already lifted a far greater weight than its fair share”. The President of the European Commission Ursula von der Leyen

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  9. Newsletter 274 -20/11/2020

    Newsletters

    to contain and turn back protestors, detaining more than 100 in the process, was used as proof... to be a problem as the second wave hits. “The disparity of approaches adopted throughout Europe... of Public Revenues (IAPR) has shown. New tax debt totalled 3.90 billion, lower than the figure

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  10. University bill passes as parties' ideological dividing lines are laid bare

    PoliticsGreek Politics

    that the main problem afflicting tertiary education is a lack of funding and facilities rather than... or law and order, which critics claim is closer to the hard right than the political centre that Prime... leads a small party called New Right that gained less than 40,000 votes (0.66 pct) in the European

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