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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturescompleted this year, including the sale of Thessaloniki Port, which the USA and Greece’s European partners are following with interest due to the strategic potential of the port for both commerce and defence...’s port includes both a cruise terminal and cargo facilities. Technical reports for both ports
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Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
EconomyBanking177 billion euros from 263 billion in the pre-crisis period. Greek bankers have also been in contact... loans off the lenders’ books via a Special Purpose Vehicle (SPV). A Bloomberg report suggests that up... quickly off track. Banks have seen deposits start to trickle back recently and the relaxation
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Tsipras and Kammenos try to fend off rumours of deepening rift
PoliticsGreek Politicscoast guard vessel off the Imia islets and the detention of two Greek soldiers who crossed the Evros... political career to a sudden stop. The defence minister sought to kill off speculation before Tuesday’s...-left grouping, Movement for Change, a real go and those who believe the party would be better off
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Androulakis well-placed to retain PASOK leadership as Doukas sneaks into run-off ballot
PoliticsGreek Politics, Doukas managed to narrowly hold off Geroulanos, earning just 858 votes more than his more experienced... that will be formed by the PASOK leader once Sunday’s run-off vote has been completed. Looking ahead Geroulanos... on the backfoot going into the run-off ballot. This also speaks to a wider problem for PASOK
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Newsletter 263 -11/09/2020
Migration issues resurface after fire Blaze on Lesvos leaves Greek govt with tough choices and limited options The migration issue shot back up to the top of the political agenda in Greece this week after fires destroyed the Moria camp for asylum seeker...
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Tech start-ups click into place to fight off Greek recession
Societythe crisis, they were mostly living off state contracts. There was also innovation in this area...) and launch entrepreneurial schemes that required limited financing to get off the ground. Since they need
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Sparks to fly as coalition and SYRIZA clash over electricity sell-off
PoliticsGreek Politics(PPC). The privatization of a smaller spin-off (or small PPC), which will have around 30 percent..., the coalition can argue that the sale of the PPC spin-off, which is expected to raise more than 1 billion
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomy, whiich turned to an over-performance of 69 million by April, mostly reflecting a one-off item. b... include two items that were not incorporated in 2015 budget figures. The first involves one-off
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economymillion above target), mostly due to a one-off item, coupled with a continued primary expenditure... to two items that were not incorporated in the 2015 budget numbers. The first relates to one-off income
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingNational Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related... associated with pillar II bonds. The bank’s non-core income though, despite a one-off gain of 35
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