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  1. PM seeks to leave ICU controversy behind as Tsipras ups stakes with snap election call
    Photo by MacroPolis

    PoliticsGreek Politics

    businesses to the wall, in favour of large corporations. On the economic front, Mitsotakis announced... in November, for the first 300 KWh. There will also be a 40 pct discount on gas bills for domestic

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  2. Balance of payments shows shipping on course for bumper year, but economic benefits unclear

    EconomyFeatures

    reliance on Russian gas, as well as the re-routing of oil shipments as western countries tighten... to the Wall Street Journal recently noted that while oil sanctions will reduce the opportunities

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  3. Athens prepares for Blinken visit, hopeful of Libya shifting position
    Photo by MacroPolis

    PoliticsForeign Policy

    is growing. Athens was also encouraged by the comments made by the Minister of Oil and Gas... warplanes to Greece, according to a report in the Wall Street Journal. Analysts see this move

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  4. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    to Piraeus and Zepos and Yannopoulos as Greek legal counsel to Piraeus for the transaction. Around 20

    22%
  5. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    was reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB

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  6. Kammenos's odd partnership with Tsipras still holding together
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Defence Minister Panos Kammenos was re-elected as leader of SYRIZA’s coalition partner Independent Greeks (ANEL) over the weekend, while also managing to highlight the odd nature of the cooperation between the two parties. There had been reports that Ka...

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  7. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    Greece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead. The Greek ministers and the institutions’ mission chiefs held a lengthy telec...

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  8. Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
    Image via www.helpe.gr

    EconomyProgramme

    Holding had been qualified during a meeting by the Board of Directors to continue to the next round... for Competition (DG Comp) has cleared the privatisation of the Hellenic Gas Transmission System Operator... that the takeover of DESFA by Italy’s Snam, the country’s main gas transmission system operator did

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  9. Privatisation agency chief identifies key targets for coming months
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    referred to the privatisation of the state-owned gas transmission operator DEPA. This privatisation... Hellenic Petroleum’s (HELPE) privatisation, with the latter holding a 35 percent stake in DEPA... possible alternatives, as well as usage of the almost exhausted underwater natural gas field of south

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  10. Athens poised for new round of talks with Turkey
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    2019. The Egyptian Natural Gas Holding Company (EGAS) had recently announced a bid round for exploration and exploitation of oil and natural gas in 24 blocks. The round, which concludes on August 1... sides over oil and gas exploration in an area of the eastern Mediterranean. The deal was made during

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