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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek Politicsever closer on the horizon. In what has become a pattern of surprise announcements, an earlier-than... that the minimum wage would be raised on April 1, a month earlier than scheduled. The announcement came after... than the eurozone average. The latest raise is expected to bring the minimum wage to at least 751
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PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
PoliticsForeign Policythan the immediate end of the pressure being induced by Ankara on the Evros border and the return... that Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyneighbourliness and to respect, rather than systematically violate, international law. Athens... on the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised
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Tsipras hints at post-election scenario of grand coalition, without him as PM
PoliticsGreek PoliticsDemocracy, Potami and PASOK but with someone other than Tsipras being appointed prime minister... the new coalition, rather than about any party scoring an outright victory.
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicsthat the government can pay off more arrears than was initially planned. On Friday, Tsakalotos warned MPs that some of the lenders would prefer the discussion on Thursday to focus on the prior actions rather than
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
PoliticsGreek Politics. The better-than-expected fiscal performance combined with a de-escalation in energy prices look... it offers citizens are weaker than the legislation New Democracy undid soon after coming to office
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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyin the case of Greece to more than 209 pct of GDP in 2020, and the primary balance was pushed to -6.6... pct of GDP, a significant drop of the ratio by more than 60 points since the 2020 high. Greece
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingbillion euros after a stock rally of more than 115 percent year to date. The management clarified... as Common Equity Tier 1 (CET1) capital (“pari passu” with common shares) but they are an expensive
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Strong performance of 15-year bond bodes well for market strategy
Economyis lower than the Fund’s 1.9 pct variable, so the ESM approves it by agreeing to the waiver of the pari passu clause. Greece’s debt managers seem to be securing attractive borrowing costs through
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Government hints at perks for vaccinated as uptake stalls
PoliticsGreek Politicsbe going better”, and attributed the stalling response rate to hesitancy rather than outright anti-vax
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