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First visit by quadriga to Athens leaves series of issues unresolved
EconomyProgramme. Labour Minister Giorgos Katrougalos presented to the quadriga the key pillars and measures...The first visit of the quadriga mission chiefs to Athens after the signing of the third bailout... forecasts, with the quadriga aligning its estimates with the Greek government’s, which points to a milder
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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingEurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions
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Are Chinese investments starting to hit a wall in Germany?
Agorato allow privately-owned Huawei equipment to be used in its forthcoming mobile telephony 5G wireless... of Vodafone and Telefónica O2 operating in Germany have built the 4G network with Huawei infrastructure equipment. All three companies have long-term strategic partnerships with Huawei. The transfer
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Clash over institutional interference primes political mood ahead of local elections
PoliticsGreek Politicsthe changes, New Democracy relied on the support of ultra-nationalist Greek Solution. Changes... that Greek Solution’s support for the government was a quid-pro-quo so tax authorities would drop... to publicly withdraw any support for the Volos mayor in the upcoming local elections. However, New Democracy
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Greek banks' equity raising could keep official support to a minimum
Economyprovide capital support in the form of common shares (25 percent) and contingent convertible securities... the official capital support to the lowest possible level. This appears a relatively feasible task... to LMEs and at least 6.2 billion from share capital increases, meaning that the official support could
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economythe support package that Prime Minister Kyriakos Mitsotakis announced on Saturday at the Thessaloniki... billion euros, out of the total 13.2 billion euros energy support package. This was split between 4.1... of extraordinary support, 1.1 billion euros of which is related to the energy crisis. The Finance
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Bond issued for capital support of Greek banks in 2009 reaches maturity
Economyof Understanding with the troika, the Greek government passed a bank liquidity and capital support bill (Law 3723/2008). This consisted of two pillars: The first related to capital enhancement of up... billion euros. The capital support for banks was implemented as a capital increase with the issue
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Newsletter 37 - 31/07/2015
), the European Commission and the European Stability Mechanism (ESM), the newcomer making the quadriga, it would... ministers are rather critical of such beggar-thy-neighbour policy recommendations issued by the IMF
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From the troika to the quartet
Agora), the newcomer making the quadriga, it would be Greece’s third macro-economic adjustment programme... and various eurozone finance ministers are rather critical of such beggar-thy-neighbour policy
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