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BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBankingbanks securitise NPEs. It adds, that it has set up a dedicated team that is improving its existing... investors and more capital that will set banks in a virtuous cycle of dealing with other challenges
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingin their books. The servicers that will manage the securitisation have set goals in meeting their collections... in effect after a one-year grace period to fully set up their operations. NPE numbers In its latest
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Newsletter 235 -17/01/2020
in the upcoming parliamentary vote. This means that she will receive The Prime Minister has managed to set.... The prime minister is set to be less successful in his effort to get the 200 votes needed to change
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicsthis year. However, this plan is now set to be shelved, with the prime minister saying... any decision not to support her candidacy now. As a result Sakellaropoulou is set to receive more
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New minister sets out plan for addressing migration challenges
PoliticsGreek PoliticsMigration Policy Minister Notis Mitarakis set out these three elements as being at the core... economic migrants are repatriated or returned to Turkey. “Our aim is to set up daily crossings
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Mitsotakis in bid to "square the circle" in EU budget negotiations
PoliticsGreek Politicsas “squaring the circle” between what looks set to be a shrunken budget and Greece’s stated aim to keep its...”. With cohesion funding set for a 12 percent cut, securing this will be an uphill struggle, despite
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Regulatory and legal challenges from the increased penetration of LNG
Legalto the European Union’s effort to achieve the targets that have been set in the framework of its...-discrimination. Therefore, it is necessary to set common goals, procedures and quality standards
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MoF to announce measures for safeguarding businesses impacted by COVID19
EconomyThe government is increasing its measures to limit the economic fallout from the impact of the coronavirus. The first set of measures is expected to be announced on Monday to support business...) has proposed a set of measures to deal with the virus’s impact, especially on small and medium-sized
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Govt steps up policy response, hoping to impede Coronavirus
PoliticsGreek Politicsto set out the measures that his government is taking to protect public health and the economy... payments, as well as tax and social security obligations for a period of four months. A second set
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Newsletter 243 -13/03/2020
increasingly gloomy about the impact of the coronavirus. The legislative act for the first set of measures... in impacted areas that had to close for more than 10 days. The government is working on a second set
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