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Newsletter 258 -07/17/2020
from 25 percent last year), tax cuts (36 percent from 49 percent), improving the justice process (33
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBanking, the ratio will stand at 25 pct, compared to 2.7 in the EU and 3.2 in the euro area. On top
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The EU decision excluding nuclear and fossil fuels from the Just Transition Fund
LegalOn June 25, a note was issued by the General Secretariat of the Council of the European Union to the Permanent Representatives Committee granting a partial mandate for negotiations with the European Parliament regarding the proposed Regulation establishing the Just Transition Fund (JTF
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomypandemic, as well as the provision of a 25 percent discount as an incentive if they paid their debts
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Banks step up securitisation drive following pandemic interruption
EconomyBankingto reduce bad loans on their books, by the time it is completed the NPE ratio will stand at 25 pct
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomyas the provision of a 25 percent discount as an incentive if they paid their debts on time (VAT
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Clock ticking on Greek and EU reaction to Turkish activity in East Med
PoliticsForeign Policyon September 24 & 25, when developments in the East Med will be on the agenda. This means that the next month
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Greece grapples with second Covid-19 wave as cases soar
Societyfollowed. On May 25 when these measures were put in place, Greece had 2,882 cases and 172 deaths
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School re-opening decisions postponed amid opposition criticism
PoliticsGreek Politicsthe subject of controversy after it was announced that the ceiling would be raised to 25 pupils
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Athens encouraged by Med7, Macron support in Turkey dispute
PoliticsForeign Policyof support especially significant as it comes ahead of the European Council on September 25. Greek PM
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