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Hercules NPL reduction scheme receives first application from Eurobank
EconomyBankingto leverage the Hercules mechanism for more than 6 billion euros-worth of loan securitisations... times higher than the corresponding European average. He said that the Hercules scheme was an important step forward. Due to the size of the NPL problem in Greece’s banks, he anticipated that more
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EU report sees Greek population shrinking, ageing over next decades
Societyof demographic change in Europe is that Europeans are living longer than ever before and are spending more years.... At the same time, Europeans are having fewer children than before. A fertility rate of 2.1 children per...-age poverty will also continue to be a growing problem in the bloc as the population continues to age.
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politicsthese interventions. It will have to agree a primary surplus target of less than 2 pct of GDP next year... of cheap or easy money. This is creating a different type of problem for the government, according... Macedonia was publicised, it was done transparently and via public services rather than a private
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Mitsotakis defends pandemic handling, denies snap election plans
PoliticsGreek Politicsthat the loss of lives was “a tragedy”, but insisted that Greece had fared better than most European... of the government’s recent performance, often appearing more intent on justifying rather than offering.... From citizens, to the scientists and the media. For him the only problem is communication”. SYRIZA
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PM prioritises saving lives as govt fire strategy comes under more scrutiny
PoliticsGreek Politicsthan its predecessor, SYRIZA. Authorities were hopeful that the fire, which broke out in Varibobi... of the Mati fire in 2018, which caused more than 100 deaths and for which the then SYRIZA government... as the climate crisis makes wildfires a bigger problem. SYRIZA fumes From the SYRIZA camp, there were also
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PM sets criticism aside, highlights unprecedented conditions behind fires
PoliticsGreek Politicslow this week, are expected to pick up on Friday, more than trebling in some cases, and making... the response to the situation will be examined and lessons will be learned. However, the problem for the New... in Mati, northeast of Athens, which claimed more than 100 lives. In the wake of that blaze, New
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Newsletter 307 - 10/09/2021
to the inflation problem because it believes that the market will regulate itself, in line with the party’s more... year. In the second quarter of this year, GDP grew by more than 16 pct year-on-year. This places... for Greece ranged from 3.3 pct for the IMF to 4.3 for the European Commission. These were all lower than
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Ousting of govt MP brings to fore leadership unease, angst over far right
PoliticsGreek Politics, and should, have dismissed the former TV presenter much sooner than Tuesday evening. Mitsotakis... with no other option than to expel Bodganos despite tolerating seemingly worse behaviour from the young... on the extreme right of the Greek political spectrum could pose a problem for Mitsotakis, especially as the next
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Newsletter 311 - 08/10/2021
of 186.5 billion euros will be higher than the level of 2019 that stood at 183.41 billion euros, fully...-emergenceFor the first time since New Democracy swept to power more than two years ago, the centre-right... could pose a problem for Mitsotakis, especially as the next general elections will be held under
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Covid restrictions to be relaxed but public fixated on cost-of-living crisis
PoliticsGreek Politicsthat the cost of living is considered the most significant problem Greece is currently facing by 64..., which is half a point more than in March. Centre-left KINAL garners 12 pct, half a point lower than
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