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NPL resolution in Italy and Greece
Agorato the legal system. In practice however, law 3869/2010 – colloquially known as the Katseli law after... but, instead, prefer to milk the system. Instead of being allowed to kick the can down the road like its... termed a “systemic bazooka”, aimed at avoiding a potential meltdown of the Italian banking system. Its
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Latest lockdown tweaks prompt opposition backlash
PoliticsGreek Politicsof the containment measures was imminent. On Wednesday the authorities announced a tightening... to bolster the public health system. A response issued by third party KINAL accused New Democracy of putting all its faith in vaccination while the public and the health system were left to suffer
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Newsletter 291 - 02/04/2021
a more extrovert, competitive model, with a more effective, digitised state, a growth-friendly tax system... EU loans through the banking system, as explained at Monday’s meeting by Alternate Finance Minister... order growth. The headline figure was in part due to a further deterioration in vendor performance
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Newsletter 357 - 04/11/2022
and Elefsina shipyards, the installation of border surveillance systems and a smart parking system in Athens... banking system, as Greek banks increase the rates on most types of loans. The spread of the average... that, contrary to recent reports, Intellexa – the Greek vendor of the Predator malware – has not left Athens
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturespension system. Inevitably, the measures have proved hugely controversial, and have been a major focus... system is funded by a combination of employee and employer contributions, and state funding. The onset... a system already at breaking point into a perfect storm of recession and austerity. Funding from
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Ex-PMs engage in public spat, highlighting contrasting approaches to Turkey
PoliticsForeign PolicyThe Greek public sphere witnessed last week a rare incident for the country’s political scene - a debate through articles and statements by the two prime ministers who governed Greece between 1996 and 2009 on their views regarding foreign policy regardi...
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Hotel industry sees investment in high-end units, but hampered by seasonality
EconomyFeatures, for example, four and five star hotels made up 5.8 percent and 25.3 percent of all hotels, respectively. By 2019, this had risen to 27.8 percent for four star and 20.7 percent for five-star units... and end of the peak season, showed an average increase of 11.1 percent YoY across all star categories
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ND and PASOK turn fire on Tsipras’s new party as political tension escalates
PoliticsGreek Politicspushed the political system into a new phase of confrontation. This week’s relaunch of Tsipras’s.... Government spokesman Pavlos Marinakis has become the face of this dual strategy. He dismissed... to the system. While not directly competing with ELAS, her party channels a moral energy that resonates
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Parties give first hint of strategies in reaction to poll announcement
PoliticsGreek Politicsplace under the bonus seat system introduced by the Mitsotakis government, which sets the bar... that New Democracy wants to dismiss the proportional representation system and is pushing... system was underlined in subsequent statements. Asked about whether the ND leader would explore
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Greece's never-ending election campaign
Agora. In this discussion, SYRIZA presents itself as the new force ready to hold they old system accountable..., the conservative leader focussed on the need to pare back the role of the state, modernise the education system... economic landscape to counter Tsipras's dual message on fair growth and old corruption. The other key
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