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Coalition optimistic about pension cuts deal as it readies reduction to contributions
PoliticsGreek Politicsstarting to build up a strong arsenal of policy weapons to deploy in the upcoming election campaign
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Eyeing domestic gains, Tsipras pursues closer ties with Europe's social democrats
PoliticsGreek PoliticsAlexis Tsipras appears to be stepping up his efforts to anchor SYRIZA, which until recently boasted a radical leftist identity, within the group of European social democratic parties and, in the process, complete the transformation of his image from firebrand to mainstream politician. Tsipras spoke
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBanking(APS), which will use state guarantees. The set-up is described as being similar to the scheme
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Hirings balance negative by 120,087 in October on seasonal movements
EconomyMacroeconomyand shift work made up 48.9 percent and 13.1 percent of hirings, respectively. On an aggregate
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Eurobank to merge with Grivalia Properties and create SPV to cut bad loans
EconomyBankingOne of Greece’s four systemic banks, Eurobank, has announced shortly after releasing its third-quarter results that the bank is forming its own special purpose vehicle (SPV) for handling its pile of bad loans. The bank will transfer its portfolio of bad loans to the SPV in an effort to speed up its
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Developments, poll data spark new round of speculation over elections
PoliticsGreek Politicsto make a serious dent in the lead New Democracy has been building up over the last couple of years
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Credit contraction deepens 1.4 pct in October, balance at 174.90 bln
EconomyMacroeconomy, taking the balance up to 6.33 billion. Loans to sole proprietors fell by 115.9 million after edging
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New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln
EconomyMacroeconomyto 56 percent of GDP. The collection of new tax debt (excluding non-tax categories) picked up to 25.8
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After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
EconomyProgramme, with deadlines up to mid-2022, in the fiscal and fiscal-structural policies, social welfare
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammeThe Greek government wasted no time following the conclusion of the Eurogroup on Tuesday, as it submitted to Parliament draft legislation that will lead to the pension cuts that had been lined up for next year being cancelled. Eurozone finance ministers gave Greece’s 2019 budget the green light
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