Agora
Row with church too much for Tsipras's fragile coalition
Whether his prime motivation was to save his own skin or prevent the government from becoming embroiled in a public squabble it would be unable to win, Defence Minister Panos Kammenos sprang into action last week and assured Archbishop Ieroynmos, the head of the Orthodox Church of Greece, that plans to change religion classes in schools would not go ahead without an extensive discussion.
Contributor: Nick Malkoutzis
Categories: Society (140), Greece (495)
How Greece's political system failed to safeguard the largest investment in the country's history
On Friday September 23, the Hellenic Financial Stability Fund (HFSF) published its interim financial statements for the first quarter of 2016. As usual, the results failed to make many people sit up and take notice.
Contributors: Manos Giakoumis, Yiannis Mouzakis
Categories: Economy (328), Greece (495)
Greek government risks mauling after straying off
The current Greek government’s propensity for shooting itself in the foot should never be underestimated. Last year proved that SYRIZA is particularly adept at snatching defeat from the jaws of victory but it appears to have outdone itself with the emerging fiasco that is the TV licencing procedure.
Contributor: Nick Malkoutzis
Categories: Politics (385), Greece (495)
How the pension fund that invested heavily in Attica Bank lost half its reserves
The Engineers and Public Contractors Pension Fund (TSMEDE) found itself in the spotlight over the last few days as a result of being the major shareholder in Attica Bank, which faced a number of issues related to corporate governance and lending activities, according to an investigation carried out by the Bank of Greece (BoG).
Contributor: Manos Giakoumis
Categories: Economy (328), Greece (495)
A market for NPL resolution
When the largest Greek banks (in terms of assets) published their second quarter results a fortnight ago, much investor attention was focused on the formation and breakdown of non-performing exposure (NPE) on their respective balance sheets.
Contributor: Jens Bastian
Categories: Economy (328), Greece (495)