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Newsletter 263 -11/09/2020
Migration issues resurface after fire Blaze on Lesvos leaves Greek govt with tough choices and limited options The migration issue shot back up to the top of the political agenda in Greece this week after fires destroyed the Moria camp for asylum seeker...
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Tech start-ups click into place to fight off Greek recession
Societythe crisis, they were mostly living off state contracts. There was also innovation in this area...) and launch entrepreneurial schemes that required limited financing to get off the ground. Since they need
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Sparks to fly as coalition and SYRIZA clash over electricity sell-off
PoliticsGreek Politics(PPC). The privatization of a smaller spin-off (or small PPC), which will have around 30 percent..., the coalition can argue that the sale of the PPC spin-off, which is expected to raise more than 1 billion
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomy, whiich turned to an over-performance of 69 million by April, mostly reflecting a one-off item. b... include two items that were not incorporated in 2015 budget figures. The first involves one-off
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economymillion above target), mostly due to a one-off item, coupled with a continued primary expenditure... to two items that were not incorporated in the 2015 budget numbers. The first relates to one-off income
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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingNational Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related... associated with pillar II bonds. The bank’s non-core income though, despite a one-off gain of 35
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Tsipras sets off for USA as prior actions, e-auctions dominate at home
PoliticsGreek PoliticsPrime Minister Alexis Tsipras chaired a meeting with key ministers on Friday to assess the progress the government is making in completing the 95 prior actions that have to be ticked off this year. The meeting was held a few hours before the Greek leader set off for his official visit to the USA
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Tsipras fends off election rumours, Mitsotakis talks up moderate qualities
PoliticsGreek Politicsofficials it is thought, who prefer for the vote to be put off until next year so that the economy has more... tried to shrug off claims that he had allowed the right wing of his party to steer New Democracy
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Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek PoliticsThe government shrugged off Wednesday’s strike – the second in as many weeks – as the action of a small group of unionists rather than a larger protest against its proposed labour reforms. Although... of the diaspora vote would go towards New Democracy, killing off any chance that the leftists would
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MEP takes comfortable lead over former PM in advance of KINAL leadership run-off
PoliticsGreek Politics, faces former PM George Panandreou in the run-off on Sunday. The MEP gained 99,120 votes in the first... Androulakis as the favourite to win Sunday’s run-off by 16 points. An estimated 56.5 pct
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