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Between Scylla and Charybdis
Agora25 June. Documents from the lenders, on reforms policies, debt sustainability and the immediate... to decide to adopt and implement them or not. Since 25 June, the troika, through the European Commission... remain in place for quite a while if past experience is anything to go by – which will have a major
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgrammeof June and are projected to increase of 8 billion euros by the end of the ESM programme. The build... that those funds are not on the table any more after the Eurogroup statement of June and July. However, EC... experience to assume that from the second half of the ESM programme horizon Greece may be able
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agorabecame the only developed country in arrears to the IMF after requesting to bundle all four June..., peaking at 16.87 billion in July. By the end of June the deposits of the Hellenic Republic had... year’s experience was not only dramatic for the prime minister and his party but also futile
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ESM approves next bailout tranche, providing Athens with some relief
PoliticsGreek Politicsfor the government because it should mean that the forward momentum generated by the June 15... 0.5 percent think they will experience an improvement in the next year and 7.4 percent in the next... 16.2 percent of respondents said they believe that the agreement at the June 15 Eurogroup means
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Trust in Greek banking system shaky, survey suggests
EconomyBankingtheir positive impact would manifest. Capital controls were introduced in June 2015, following... between November 2014 and June 2015. The acrimony in the relationship with lenders, paired with the Cyprus experience in 2013, led Greeks to take their money out of the banking system, either via
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Tsipras resigns, paves way for leadership contest at SYRIZA as left looks to regroup
PoliticsGreek Politicshas brief experience in government, serving as general secretary at the Shipping Ministry when... to adjust its approach for the second vote on June 25. Instead, the focus was on maintaining the level of support it received in the first ballot and then assessing the damage after June 25. Party
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Health at focus of government priorities as PM presses ahead with reform agenda
PoliticsGreek Politicson the promise to improve citizens’ experience of public services, including a pledge to modernise... to universal health provision. In the run-up to the June elections, the state of the national health... in May’s elections, just under 3.7 percent in June. Asked about the subject of abortion rights
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Newsletter 392 - 08/09/2023
data, as turnover in June dropped by 1 pct and the associated sales volumes fell sharply, with food... peers in the EU. However, the authorities should heed the experience of the past. This has shown... year, with a drop of 21 pct YoY in July, from 14.9 pct in June. The deficit came to 2.45 billion
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Alpha Bank acquires Citigroup's retail banking unit in Greece
EconomyBankingfor Alpha after the acquisition of Emporiki Bank by Credit Agricole in 2012. The consideration stands...) net loans, mainly credit card balances of 0.4 billion c) network of 20 branches with 730 employees... in corporate and consumer business with particular focus on the wealth management services and credit card
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NPLs: The Achilles heel of the Greek banking system
Agora. The breakdown per sector showed consumer credit NPLs remain at the top with their ratio at 47.3 percent (from... a significant discrepancy in the BoG numbers. According to the Commission, the consumer credit NPL ratio... of the acquired banks. In his first speech in the Greek Parliament on June 25, the new central bank
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