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Piraeus sets ambitious NPL targets with Intrum deal as banks prepare securitisations
EconomyBankingnoted the extremely slow judiciary process in Greece as a problem. Piraeus Bank has the highest NPE... forward the securitisation of its bad loans by one year to 2020 rather than 2021. The bank
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Looking to build on support for relief measures, ND unveils new tax bill
PoliticsGreek Politics-off debts, such as in the case of inheritance tax, can be paid in 48, rather than 24, tranches. Non... about. Taxation is considered the fifth biggest problem for the Greek economy after unemployment, tax
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ND steps up efforts to build island detention centres for migrants
PoliticsGreek Politicsrealising soon after coming to power that they were facing a bigger challenge than they imagined... chunk of opposition party voters, favour a tougher approach vis a vis migration. The problem
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Government and local authorities reach impasse over migrant centres
PoliticsGreek Politicsapproach. While the government struggles to find a workable solution to a problem that seems to have... and right-wing elements in ND, are emerging as a more potent threat to political stability than any
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicsfactor behind Greece slipping into recession, rather than the impact of the coronavirus. The SYRIZA... the problem by not frontloading its economic stimulus measures and not doing enough to provide
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ND forced to compromise over demonstration bill, feeding SYRIZA's claims
PoliticsGreek Politicsan age-old problem in Greek cities of sometimes small protest causing considerable disruption... argued that by proposing alterations, rather than just flatly rejecting the bill (seemingly
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingon the asset quality front. But it also highlights again the challenge of tackling the NPE problem, which... of 2018 stock of 81.8 billion. From its peak in March 2016, NPE stock has dropped by more than a third
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Ionian expansion raises questions about Aegean as Athens talks with Tirana
PoliticsForeign Policythat will lead to a more nuanced outcome than in the Ionian. Albania A day before the announcement made... bilateral agenda. The issue of the Exclusive Economic Zones is considered the main problem
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Public's disenchantment grows as ND struggles with Covid-19 challenge
PoliticsGreek Politicsfallen from 76 to 46 pct. Similarly, the percentage of those saying they are worse of than a year ago... the most problem Greece has to deal with, as chosen by 33 pct of respondents. The government’s missteps
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Censure motion voted down, prompting government and opposition to claim victory
PoliticsGreek Politicsproblem in Greece, introduces the “second chance” principle for debtors and gives them a way... in the government now than when it came to power last summer. SYRIZA responded by claiming
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