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Eurogroup decision on contingent measures, debt leave Tsipras with tough task at home
PoliticsGreek Politicsfor Greece to complete its bailout review but with more doubts about whether the government has the political... the fact that the stand-by package will be at the outer end of what has been reported over the last few... that these interventions will not be implemented. Also, given that the government has spent four months
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NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
EconomyBankingthat following the evaluation of binding offers, it has selected a consortium comprised of Tourism... billion euros in July 2015, the bank said it has reduced ELA funding by almost two-thirds... government representation in its Board of Directors has been ceased. Eurobank At the end of last
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Eurogroup agrees return of mission to Athens but key issues unresolved
PoliticsGreek Politicshas insisted on, but the coalition has strongly argued against. Tests ahead Overall, the Eurogroup’s outcome has some elements that suggest good progress can be made in the coming days once... a final agreement, including debt relief, has been reached. Given that the debt issue
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Newsletter 119 - 19/05/2017
MPs to support the multi-bill, the measures adopted are deeply unpopular and that this has already.... The government still has its eye on joining the QE programme as soon as possible despite the comments from ECB... (the government has already picked Rothschild & Co as its adviser). The prime minister also claimed
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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek Politicsin QE. However, Bank of Greece governor Yannis Stournaras has also said that a legally-binding... the programme. Tsipras has slightly limited his options at home by declaring before the vote... but with the IMF not returning to the programme with funding until the debt relief issue has been settled
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Opposition pressures SYRIZA by refusing to support bills ANEL dodges
PoliticsGreek Politicsa Muslim, rather than Turkish, minority in northeastern Greece and has refused to allow the union... and ANEL has been iron-clad as far as MoU-related measures are concerned but has run into complications..., which has an ultra-conservative stance on social issues, will support the bill. The stance taken
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Opposition keeps spotlight on arms deal as coalition looks for way out
PoliticsGreek Politicsproblems. Apart from the fact he has been made a target by New Democracy, which senses that he... and media boss Vangelis Marinakis. Kammenos has made numerous accusations against Marinakis, who recently bought Ta Nea and To Vima newspapers, and has implied that he has close ties with New Democracy
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBanking, has attracted strong interest. The first two phases were completed in March and binding offers... quarters in which NPE formation has declined. The bank reported that YoY, NPEs have been reduced by 3... stock has declined by 5.7 billion. It was also noted that in line with targets, the parent NPE
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Equivocal Macedonia name referendum leaves Athens hanging on as views differ
PoliticsGreek Politics) on the agreement with Greece to rename the Balkan country North Macedonia has triggered doubts regarding... Minister Panos Kammenos, has said he and his Independent Greeks (ANEL) party will not support... settlement in the months to come or whether the process has hit a brick wall as a result of the turnout
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Where is the EastMed pipeline heading?
Agora, the project could help diversify the EU’s energy sources and has so far received backing from the European Union and the United States, which has provided political support for the tripartite alliance... will be critical. The EastMed project has so far received the backing of the EU and the US. What should we read
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