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Newsletter 493 - 06/02/2026
. The government has identified a compact set of articles it wants to open for revision rather than... and constitutionally” rather than through the foreign branch campuses the government authorised in 2024. Article 86.... If the proposing Parliament approves an article with fewer than 180 votes, the revising Parliament
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Wealth inequality in Greece has grown at faster rate than eurozone peers during crisis
SocietyThe economic crisis has increased wealth inequality in Greece at a much faster pace than in other... increase than the two other countries, Italy and Spain, Credit Suisse considers to have experienced... from 52 to 55.6 percent, which means that in both cases the current total is also lower than
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Parliament starts process of probing Greek debt and MoUs - further division likely
PoliticsGreek Politicsaddressed the committee, prompting complaints from opposition parties who saw this as a move... by the committee. However, the key role played by Konstantopoulou in the process, rather than Pavlopoulos’s tacit... proceedings. The committee’s aim is to audit Greece’s debt and establish whether any of it can
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Cat and mouse: Greece and Schaeuble
Agorahad in mind something completely different than the Greek government. When all the pieces are put... the IMF is demanding (legislation of more than 2 percent of GDP in contingency measures that include... would approve a new deal. Rather than suggesting that Greece’s problems would be over if the IMF
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBanking. The final price was rumoured to be equivalent to more than 20 percent of the portfolio's nominal value..., and will lead to the bank’s NPE ratio falling by more than 100 basis points. Upon completion... by more than 30 billion euros by the end of 2019, so it falls to below 65 billion euros. According
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Foreign minister quits government, heaping pressure on Tsipras
PoliticsGreek Politicstimes over the past few years when he appeared to shape foreign policy based on his beliefs rather than... that the souring of relations with Russia was a route chosen by Kotzias rather than Tsipras. The prime minister... in the months to come than it has been over the previous few years.
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Eurobank posts Q1 net profit of 70 mln
EconomyBanking, Eurobank said that fewer of its loans turned sour than it expected in the first quarter, as pandemic... is coming from low new NPE formation, significantly better than expected.” Asset quality The stock of non... million euros, which the bank said was less than expected, while provisions over NPEs were 61.9
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Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
EconomyMacroeconomy. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released... in Q4 2015. Today’s figure for Q1 is slightly higher than the -1.3 percent released in flash estimates... reflects a nosedive in disposable income by more than 30 percent. This is attributed to a sharp rise
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Greek teens less likely to smoke, get drunk than European peers but gamble more
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/12/20/cyprusbar_1000_myrto_2012-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Societydrink, and are the most likely to have gambled for money than their peers in Europe. These are some... percent of them more than once, compared to an average of 23 and five percent, respectively. As was the case in Denmark and the Czech Republic, more than 90 percent of teenagers in Greece reported easy
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Opposition senses PM's position on phonetapping becoming weaker
PoliticsGreek Politicsthe impression among observers that rather than lay the issue to rest, as Mitsotakis would have wanted... weeks, listing more than 100 people who were allegedly targeted by Predator. The opposition sees... of willingness, even among victims, to come forward. Very few of those on the list of more than 100
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