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Bond success questioned as coalition looks to build on trial issue
PoliticsGreek PoliticsAfter Tuesday’s trial bond issue, the government has set its sights on tapping the markets at least once more, possibly, twice by the time it exits the bailout programme next summer but its opponents... offers, totaling 6.25 billion euros, the April 2014 bond had a bid to cover ratio of 6:1 and more
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Newsletter 131 - 8/9/2017
brought with him a message of optimism about Greece’s future and set out his vision for reforming... are unemployed fell by 13,867 compared to May, to total 1 million in June. The labour force rose slightly to 4.8
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Review demands put spotlight on Greek banks
EconomyBankingthat the resources set aside for bank rehabilitation in this program are utilized in a timely manner... banks Common Equity Tier 1 (CET1) rations range between 16.5 and 17.9 percent. Rice’s request
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Newsletter 132
at the Thessaloniki International Fair (TIF) to set out some of his policy ideas. He said that his... by an increase of 1 billion euros in the services balance, and improvements in the primary and secondary income
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Coalition looks to regain confidence, centre-left struggles with ballot
PoliticsGreek Politicsto elect a common leader. The date for the first round of voting was set for November 5... to be demanding a total of around 1 million euros but the parties behind the election process, including PASOK
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Tsipras tries to weather Kammenos storm, looks for poll boost
PoliticsGreek PoliticsDemocracy had asked for Kammenos to be investigated over his contact with the owner of the Noor 1 ship... to a close, he is likely to be disappointed. The clash between Kammenos and Marinakis looks set
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Athens braces for review headwinds due to IMF demands, Berlin changes
PoliticsGreek Politicssuggested that Wolfgang Schaeuble is set to leave the position, with an FDP politician, possibly party... to be implemented in 2019, rather than 2020. This is also the year that pensions have to be cut by 1
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Athens expects 800 mln sub-tranche as review talks progress
EconomyProgrammeduring the period in question, 300 million more than the target set by the lenders. Financial news... that up to 1 billion euros more in interventions may be demanded so that a fiscal gap of around 0.5
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Sub-tranche released but PPC poses key challenge in review
EconomyProgrammeof November, when the institutions’ mission chiefs are due to return to Athens. Their return date is set... into effect on January 1. The other significant change that will be introduced is that banks will have
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Banks enhance steps to deal with NPLs ahead of stress test
EconomyBankingas an additional measure alongside the electronic auctions of repossessed properties, which are set to begin..., the viability of the bank loan issued to it. From January 1, businesses applying for bank loans
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