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Work on post-programme framework continues despite tranche holdup
EconomyProgrammeof the month, as had originally been the plan. “Given where we are now, I don’t anticipate that the ESM... complicated as it relates to the pace of electronic auctions. The attention on this issue has been exacerbated... at a quicker pace, while Tsakalotos suggested that the ECB has to be more specific about its demands. Eurogroup
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Eurobank net profits at 256.7 mln in 2019
EconomyBankingsecuritisations of varying size and loan types which the bank has classified as Cairo I, II and III. In a statement of their own, Eurobank outlined that Cairo I and II had been submitted for inclusion.... The bank has secured the minimum ‘BB-‘ credit rating, which is a prerequisite of participating
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Greek-Albanian relations take a hit over arrest of ethnic minority politician
PoliticsForeign PolicyThe detention of a mayoral candidate from the Greek ethnic minority in Albania has raised tension... path over the arrest. The Greek PM welcomed Beleri’s win in the elections. “I was especially happy when I was informed that Fredi Beleri succeeded and was elected mayor of Himare with a small margin
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Newsletter 41 - 04/09/2015
at stake in this brief campaign. The closeness of the contest has prompted SYRIZA to try to differentiate... to work with after the 20 September ballot. In contrast to New Democracy’s Evangelis Meimarakis, who has openly stated that he is willing to work with other parties to form a government, Tsipras has put
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeatures-project still has a number of hurdles to clear before it can become a reality, among them challenges...-found offshore fields to the markets of mainland Europe has been building. The plan envisages... announcement by Exxon-Mobil of a new discovery offshore Cyprus has boosted optimism around the project
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammehas reportedly committed to 15 prior actions that have to be implemented by the end of October..., the fund’s internal regulation has to be completed by the same date. 2) A second set of state-controlled companies has to be transferred to the new privatisation and investment fund. 3) Ratification
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Greek, Turkish foreign ministers hold informal talks as refugee crisis, Cyprus loom
PoliticsForeign Policythe cave where - according to Greek mythology - Zeus has took Europa after kidnapping her. “I thought... he has taken Europa following her big kidnapping, so as to show that we believe that the Turkish... in comparison to other EU countries, with which Ankara has clashed repeatedly in recent weeks. The main
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Amid exit speculation, growth strategy offers chance for coalition to show intentions
PoliticsGreek Politicson the creditors’ side told local reporters that the Greek government has pledged to move as quickly as possible... that can be deferred this time and everything has to be wrapped up by the June 21 Eurogroup. Athens... August onwards.” “I hope that we will be done with the rescue programmes in the summer and that we
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PM wades in on Turkey dispute as Covid-19 threat grows at home
PoliticsGreek Politics. Significantly, Macron added that he has decided to strengthen France’s naval presence over the coming days... diplomatic sway over Ankara. Also, in terms of public diplomacy, Macron has made a bigger impact... and a “defender of European values and international law.” On the political level, Mitsotakis has
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Mitsotakis-Erdogan meeting scheduled as Athens and Ankara eye quieter summer
PoliticsForeign Policyin 2019. Undoubtedly, it will be the most difficult. But in Athens the government has no illusions..., Greece has made it clear that any negative developments will affect its ties with Turkey. The Greek... in the areas of trade and investment. This has prompted the Greek government to upgrade its
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