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Newsletter 126 - 07/07/2017
it should mean that the forward momentum generated by the June 15 agreement with the lenders is not lost... on the positive mood. Standard and Poor’s is due to publish its next credit rating for Greece on July 21. Another upgrade, after Moody’s moved Greece up a notch from ‘Caa3’ to ‘Caa2’ on June 23, could be seen
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Newsletter 169 -06/07/2018
sustainable. The decisions of the June 21 Eurogroup have various benefits for Greece, most notably... and institutions. In terms of Greece’s credit institutions, BoG notes the successful conclusion... sales. The deposit base is steadily improving with inflows of close to 15 billion since June 2015
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingof the year, which the bank said covered increased credit demand. Deposits in Greece edged down to 45.5 billion in H1. Private sector deposits increased by 800 million up to the end of June. The liquidity... increased to 7 billion as at 30 June 2020 from 400 million as at the end of 2019. This stemmed from
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Newsletter 72 - 06/05/2016
warned that delays in concluding the programme review are credit negative for Greece since... the Asil.cat network. To highlight the often unseen mental impact of refugees’ traumatic experiences, he
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Slow pace of civil service evaluation, Hellenikon deal add to review agenda
PoliticsGreek PoliticsThe process of approving the redevelopment of the site of the former Athens airport, at Hellenikon, is also... in a decision on whether work could go ahead on the site, where ruins are also known to be located... of the site is one of the key projects in the pipeline at the moment and is in some ways a test case
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Coalition banks on surplus transfers, waits for Hellenikon verdict
PoliticsGreek PoliticsThe consortium that has won the right to build offices, shopping centres and apartments on the site...) has been deliberating for several weeks whether potential ancient finds on the site should lead... that a specific area at the vast site be excluded from the development plans due to its archaeological
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New asylum law comes up against old failings
Agoraand the general disarray at the site, where hundreds live in tents in the olive groves outside, makes... into local communities. The Rijswijk centre is not located in a far-flung field or on the site... that the buildings can be dismantled and moved after several years so no site is permanent. As the director
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsat the site of the former Athens airport in Hellinikon on Friday, calling it a symbol of the “new... buildings on the site, which was also used for the Athens2004 Olympics. Around a third of them... on the site. However, New Democracy has also encountered obstacles in getting the project off
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Newsletter 171 -20/07/2018
the business environment. In the concluding statement following the mission to Greece in June for Article IV... for environmental activities. 2 Budget primary surplus at 617 mln in June Headline figure driven by lower... for June published by the Finance Ministry (MoF). Last year’s figure for the same period came to 1.94
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What is the state of play with Greek banks?
Economythe domestic banking landscape and successfully recapitalised in June, Greek banks remain... bank in Greece from fourth a year ago. Over the same period, Alpha acquired Emporiki Bank from Credit... now dominate 95 percent of the domestic market. The bank recap successfully carried out in June put
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