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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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Scandal allegations playing growing role in path towards elections
PoliticsGreek Politicsbacked up by anyone else at the meeting. Kotzias is believed to have referred to the allegations
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Athens and Washington agree plan for closer ties as Skopje paves way for name deal
PoliticsForeign Policy, Washington expressed interest in stepping up its support for the Greece-Israel-Cyprus trilateral discussion
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Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
EconomyMacroeconomymade up 44.1 percent and 13.3 percent of hirings, respectively. On an aggregate basis, full-time
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The absent are in the wrong
Agorapublished, the full arguments are set out, backed up by evidence and a conclusion that allows voters
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