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Collapse of DESFA tender adds to Greece’s privatisation challenges
EconomyMacroeconomyThe Energy Ministry confirmed via a press release issued on Wednesday afternoon that the privatisation process of the Hellenic Gas Transmission System Operator (DESFA) has been cancelled after the preferred bidder, the Azeri SOCAR, did not extend its le...
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Concerns over energy deregulation add to challenges Tsipras faces
PoliticsGreek PoliticsThere is a growing feeling in Athens that the government is gradually moving closer to the institutions and the two sides are genuinely trying to reach a technical agreement by April 7, when eurozone finance minister are due to meet in Malta. However, t...
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Mitsotakis urges ND renewal, challenges PM over surplus
PoliticsGreek PoliticsThe need for a renewal of political staff was one of the main themes of the speech given by New Democracy leader Kyriakos Mitsotakis to his MPs on Wednesday amid a 48-hour media blackout due to a strike by journalists. “Renewal is a necessity,” Mitsotak...
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Aegean tension presents Tsipras with urgent domestic, foreign policy challenges
PoliticsGreek PoliticsFor yet another day, the Greek government appears to have been consumed by the ongoing friction with Turkey in the Aegean. Foreign Minister Nikos Kotzias, Defence Minister Panos Kammenos and government spokesman Dimitris Tzanakopoulos were among those w...
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Mitsotakis scoffs at coalition's MoU exit strategy, challenges PM to elections
PoliticsGreek PoliticsIn his attempt to reveal weaknesses in the government’s bailout exit strategy, New Democracy leader Kyriakos Mitsotakis has challenged Prime Minister Alexis Tsipras to call snap elections this year. Speaking to party officials on Friday, Mitsotakis argu...
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Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
EconomyMoody’s upgraded Greece’s credit rating by two notches on Friday, taking it to ‘B1’, from ‘B3’ previously, with a stable outlook, from positive. Contrary to expectations in September, Moody’s did not take any rating action and opted for a more cautious ...
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Banks enter final quarter with high hopes for bad loan reduction while challenges remain
EconomyBankingGreece’s banks entered the final quarter of the year with several key developments on the front of reducing their bad loan pile. The asset protection scheme code-named Hercules was given the go-ahead after the Commission found that the proposed mechanis...
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New minister sets out plan for addressing migration challenges
PoliticsGreek PoliticsThe Greek government is hoping that the creation of new, closed reception centres for migrants on the islands, along with faster repatriations and return to Turkey as well as greater deterrents will alleviate the pressure that New Democracy has been und...
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Tsipras challenges Mitsotakis as probe into scandal rekindles rivalry
PoliticsGreek PoliticsSYRIZA leader Alexis Tsipras has challenged Prime Minister Kyriakos Mitsotakis to take him to a special court in connection to the handling of the Novartis case when the left-wing party was in power. Speaking to a packed indoor arena in southern Athens ...
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Spain's challenges and opportunities in the EU recovery deal
AgoraIn the latest episode of the video discussions organised by Agenda Publica and MacroPolis as part of the Future is Blue newsletter, Jonás Fernández, Member of the European Parliament, and Marcel Jansen, Associate professor at the Universidad Autónoma de...
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