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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingto 34.5 billion. Note though that since the end of the bank holiday on July 20 until mid-October... of Greek banks Q2 financial results was extended until the end of October and bank sources indicate
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Latest EU plan to tackle refugee crises poses new, bigger challenges for Tsipras
PoliticsForeign Policy. This represents a marked change in the kind of demands being made of Greek authorities. Until now Greece’s... of Greece is that it detain irregular migrants and hold them until they are repatriated. This also means
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Parliament's budget office sees risks and rewards in third bailout
EconomyMacroeconomyuntil the first half of 2014, when fiscal and external deficits were reduced, economic prospects were... to be implemented by the end of 2015 and around 80 percent until June 2016. The PBO notes that the programme
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammeto be cooperating with the bank in order to qualify for the scheme. The arrangement lasts until the end of 2018..., which could be extended by another year. Until now this tenure was fixed at 5 years. On the scheme
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Embarrassment for New Democracy as leadership vote called off due to IT problem
PoliticsGreek PoliticsMitsotakis called for an interim leader to be appointed until the election takes place. There had.... Former Education Minister and MEP Marietta Giannakou has been proposed as a stop-gap leader until
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Greece being boxed in by refugee crisis and security concerns
Agorareluctant to commit any serious resources to stem the flow from its shores until it has obtained... suggested that the Turkish government is not willing to take decisive action until it is clear what
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomyand are due to be collected in five installments from October until February 2015. This means... billion. The marked under-spend, particularly until July, primarily reflected the government’s
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With onerous measures looming, Tsipras seeks talks with opposition leaders
PoliticsGreek Politicsuntil late on Friday, this weekend is the earliest that the gathering can take place. Such official... and will probably be consumed by internal squabbles until then. The spotlight will also fall
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeand mortgages for homes that are not primary residences until February 15, 2016. This means that the issue... from resolved banks have been undertaken by the Bank of Greece (BoG). Until February 15, a total
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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammeis lower than that paid out, the difference will continue to be paid to the pensioner until the end... to 3.5 percent for employees. This rise will be effective for a 3-year period until the end of 2018
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