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PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis is beginning today a series of visits to various parts of the country to present the government’s Greece 2.0 recovery plan as he tries to build on the momentum of Thursday’s approval by the European Commission. The vis...
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Greece takes next steps, including bond swap, to enhance debt profile over coming years
EconomyMacroeconomyThis week started with two developments that intend to further smooth out Greece’s debt obligations in the coming years. The Greek authorities have for some time been trying to convince the institutions that the balance of Greece’s obligations to the IM...
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyincrease in the cumulative debt reflects payments against ‘old’ debt, which amounted to 852 million so
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomya positive impact on general government fiscal figures of 852 million (0.47 percent of GDP) in 2013
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyentities. Similar to January, the state budget recorded the highest surplus at 852 million, yet
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Greeks express most negative sentiments about economy in global poll
Societysurvey was conducted in March and April 2017 through face-to-face interviews with 852 respondents
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Travel balance increases by wide margin in June from last year's tourism collapse
EconomyMacroeconomyto 790.7 million euros for the month, increasing by 852 percent year-on-year (YoY). Travel payments
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraand the disposable income base of citizens having to repay loans. On all three fronts the outlook... ratios require domestic lenders to step up their provisioning, thus binding already scarce capital.... The challenge Greek SMEs face in finding access to finance will continue to make the search for feasible
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Newsletter 74 - 20/05/2016
of these fraudulent creditors, who can repay their loan but, instead, prefer to milk the system. Instead... and Eurobank announced they have reached a binding agreement with KKR for the management of NPLs... of provisioning, thus binding up valuable capital that could otherwise be lent to the real economy. Two
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Fears and reassurances over PPC's dire finances
EconomyFeaturesof bank loans which it is struggling to repay, as well as unpaid bills approaching 2.4 billion euros... produced from this form of coal. The first round attracted no binding bids in February, possibly... impact of dirty energy is more apparent than ever. A second tender is underway and binding offers
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