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  1. BoG notes economic progress, urges safeguarding of fiscal credibility
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of the positive developments in the Greek economy and the banking system. But it urged caution... for the banking system to support the transformation of the Greek economy and finance new activities... will be a pivotal year with challenges for the country and the banking system as Greece gradually stands

    6%

  2. BoG report highlights economic challenges, proposes way forward
    Photo by MacroPolis

    Economy

    continues its recovery amid positive sentiment and an improved liquidity situation for the banking system... in the financial system. The positive contribution of net exports will be modest, as exports growth will only... at 14.9 percent. Non-Performing Loans (NPLs) remain the big challenge of the banking system. Although

    6%

  3. Newsletter 213 -07/01/2019

    Newsletters

    the big challenge of the banking system. Although they were reduced to 80 billion euros (45.2 percent... management. Non-Performing Loans (NPLs) remain the biggest challenge of the banking system. Although... in the Greek banking system stayed positive by 561.6 million euros in May, following positive inflows of 1.54

    6%

  4. National Bank first to test market waters in post-election afterglow
    National Bank

    Economy

    will have the most direct bearing on markets, including its designs for the banking system and how... to help the banks deal with the problem more quickly with system-wide solutions to get the bad assets... government plans to promote such a system-wide solution could imply that instead of reinventing the wheel

    6%

  5. Tax cuts spearhead Mitsotakis's message in Thessaloniki

    PoliticsGreek Politics

    drafted would also lead to a simplification of the tax system and create greater incentives... elections. The new system would have to be approved by a super-majority of 200 (out of 300) MPs... system out of the way. “If the electoral law does not change with 200 MPs, the next elections

    6%

  6. IMF consultation report pinpoints health of Greek banks as central to growth
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyBanking

    . The Fund breaks down the details of the efforts over the last decade to support the Greek banking system... of unrealised losses of about 12 billion. This is quite a hefty bill for a banking system... percent of e-auctions result in bank repossessions. On top of this, the banks claim the system

    6%

  7. OECD report shows poor quality of services and low trust in govt

    EconomyFeatures

    . Regarding health, citizen satisfaction with the health care system deteriorated between 2007 and 2018 by 10 percentage points. In contrast, satisfaction with the education system has increased since 2018, while citizen confidence in the judiciary system and the courts has also increased since 2007

    6%

  8. Speculation about snap elections in 2020 refuses to die down
    Photo by MacroPolis

    PoliticsGreek Politics

    vote will take place under the proportional representation system and the winning party will get... will not win an outright majority under the PR system, there will be a hung Parliament and a second vote... discussed publicly the threat of “double” election in the future because of the PR system adopted

    6%

  9. Govt lines up strike legislation to follow brief pause after budget vote
    Photo by MacroPolis

    PoliticsGreek Politics

    after a protest by a handful of metro workers on Tuesday shut down the system for four hours... that skeleton staff continue to work on the public transport system when there are such protests, meaning... before the Christmas holidays without any prior consultation and that the metro system as a whole

    6%

  10. Newsletter 233 - 20/12/2019

    Newsletters

    the government could then use to address the extra strain on the welfare system. It is paid on incomes above... the system for four hours and caused traffic problems in Athens. Mitsotakis has made a big issue... on legislation that would ensure that skeleton staff continue to work on the public transport system when

    6%