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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsfront, the initial idea of abolishing the so-called “personal difference” and folding it into core
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PM uses island visit to highlight border control as Tsipras makes decentralisation play
PoliticsGreek Politicsinto EYATH across Thessaloniki and Halkidiki, folding roughly 68 of Greece's more than 700 fragmented
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Stress mounts ahead of ECB's tests on Greek banks
Economyat the meeting. The Greek finance minister was cited stressing that, if adopted, two assumptions that may... at the baseline, which was the binding scenario for capital shortfalls, and 9.4 billion under the adverse... reservations regarding the BoG stress test outcome. The first relates to the binding scenario with IMF noting
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Newsletter 59 - 22/01/2016
. The next privatisation projects include the submission of binding bids for the full sale of rail... having adopted the bailout and agreed to implement it, appears to be having a binding effect. Tsipras... to be out of touch with reality, hopeless optimists or liars. SYRIZA’s promise of hope may have emanated
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Newsletter 74 - 20/05/2016
and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... for the whole year. The most crucial development next week involves the Eurogroup in Brussels on May 24... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two
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First phase of process to find strategic investor for ADMIE completed
Economy(China Southern Power Grid) may not fall within this category. PPC will review the submitted... of the process, which includes a due diligence and the submission of binding offers by the end... will announce by October the date for submission of binding offers for the sale of all PPC shares in ADMIE
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Banks focus on defining challenge of reducing NPEs
EconomyBankingby Alpha Bank announcing in March that it signed a binding agreement with B2Holding group for the disposal... of NPLs by the bank to around 4 billion across 2018. Today, Piraeus expects to receive the binding offers... that the lenders’ low credit ratings is due to capital controls. Sources say that there may be two
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesagainst a barrage of delays, before it was announced by the HRADF in May that seven investors had... charges were not financially viable. Binding bids for the concession are due to be submitted by the end... to receive binding offers for HELPE before the end of the year. In July, the deal to transfer 49 percent
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Move to legislate on climate change offers opening to bolster environmental laws
PoliticsGreek Politicsof binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed..., these suggest that the government may be willing to revise past policy decisions which have proved... binding emissions targets for the country as a whole and for the public sector, as well
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Greek retail sales dive 8.5 pct in May after brief rise in April
EconomyMacroeconomyThe turnover of Greece’s retail trade index resumed a negative trend in May dropping by 8.5 percent... Agency (ELSTAT). Similarly, retail volume fell 3.8 percent in May from a rise of 7.1 percent posted in April. The rate of drop in May retail turnover indicates the highest negative reading since
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