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Athens balances EU line and opts for observer role in Trump’s Board of Peace
PoliticsForeign PolicyAfter some deliberation, Athens has decided to participate in US President Donald Trump’s “Board... sources. The issue of the Board of Peace has proved fairly controversial within the EU, with most member... not attend the inauguration of the Board in Davos. Only Bulgaria and Hungary formally signed up
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HFSF executive board members resign
EconomyBankingboard members - Aris Xenofos, CEO, George Koutsos, Deputy CEO and Anastasios Gagales, member - have... the assessment of HFSF's executive board for the first time. The panel was formed in January 2016... 1998 and 2012. Its main responsibilities are the annual evaluation of HFSF executive board
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ESM board to specify rules on short-term debt relief measures
EconomyProgrammeThe European Stability Mechanism (ESM) said on Thursday that its board of directors (BoD) will meet on January 23 to specify the rules of the short-term debt relief measures for Greece. These rules... of bank recapitalisation in December 2015. According to reports, Piraeus Bank’s board approved
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek PoliticsThe indication that no progress regarding Greece’s review should be expected before the International Monetary Fund’s executive board meets on Monday was strengthened by comments from European... that no decision can be taken until the Fund’s board clarifies its intentions regarding the Greek
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Reform proposals to define size of Tsipras's task in keeping party on board
PoliticsGreek PoliticsPrime Minister Alexis Tsipras’s effort to keep his party on board with the terms of the agreement at Friday’s Eurogroup begins in earnest on Monday when lenders are due to examine the government’s initial reform proposals, which are due to form the basis for the four-month extension. The Financial
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Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months
EconomyMacroeconomypublished on Friday. This means Greece has cleared a total of 1.36 billion euros of arrears... in the 2-month period, while total transfers reached 586.8 million. Social security funds follow with payments of 407.4 million euros out of the total of 501.8 million transferred. The majority
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyoutlined the details of the total package in response to the pandemic that for the 2020-2022 period
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The IMF crisis and how to solve it
Agoraa western European country is the biggest shareholder is nearly 40% of total Board votes, forming... paragraph offered by its Executive Board on June 5: Directors ... agreed that [the report] provides a good...…. Is that it? To those of us familiar with IMF Board-speak, it sounded as though the report may had just been
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Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomy. The breakdown showed 2 percent of the total tax debt (1.82 billion) is owed by 83.8 percent... million taxpayers (55.4 percent of total) owe less than 500 euros each. In contrast, just 16,290 taxpayers (0.4 percent of total) owe more than 300,000 euros each for a total amount of 78.79 billion
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Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
Economyby general government entities as well as defaulted debtors. From the total outstanding overdue amount... of total). Moreover, around 24 percent of debtors owe between 15 and 30,000 euros each for an aggregate amount of 1.49 billion (9 percent of total). On the other side of the spectrum, 1,087 debtors (just
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