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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammeThe Greek government has until December 11 to complete the implementation of the second set of milestones so it can receive the next sub-tranche of 1 billion euros, an EU official told Kathimerini on Thursday. The most difficult issues included in this list relate to the settlement of non
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Tsipras seeks MPs' loyalty before next vote, leaves door open on future alliances
PoliticsGreek Politicsof this week but the Greek government has suggested will happen by December 20 at the latest. In Monday’s
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Greece and lenders seen inching towards deal on ADMIE
EconomyProgrammeThe Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion. According to government sources cited
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Greek stocks down by 4.8 pct during week for third straight fall
Economythe end of November, the market has posted losses of 8.9 percent. The banking index recorded gains
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeor guarantor should not deteriorate due to the sale or transfer of his NPL. If a borrower has more than
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economythe marked outperformance in November, the December figure has to exceed the 8.3-billion mark
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Travel receipts drop by 4.1 pct in Oct for second straight fall
EconomyMacroeconomyfigure. SETE has also estimated direct tourism revenues to reach 14.5 billion in 2015, up by 1
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Eurobank sells insurance arm to Fairfax for 316 mln
EconomyBankingEurobank announced on Tuesday that it has reached an agreement with its shareholder Fairfax for the sale of an 80 percent stake in the bank’s insurance subsidiary Eurolife. The disposal was part of Eurobank’s initial restructuring plan approved by the European Commission in April 2014, which
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Deposit flow remains negative for the second straight month with outflows of 390 mln in November
EconomyMacroeconomyfunding has fallen by 13.17 billion since July reflecting the reduction of uncertainty, stabilisation
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Pension overhaul poses political challenge despite avoiding immediate cuts
PoliticsGreek Politicson Tuesday), Tsipras also has to wait to see how Greece’s lenders will react to the proposals. Katrougalos
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