The government lacked even the slightest cognisance of the impact of its policies on the economy and society.
'If we really want to rid ourselves of them [NPLs] in the next two years, we need a systemic solution, which is to say a bad bank to which one can transfer NPLs without creating moral hazards,” Greece's Central Banker said.
Specifically, the report underlines that the measures announced by the PM jeopardise primary surplus targets for 2019 and subsequent years.
SYRIZA for years condemned the attachment to bills of completely irrelevant addenda but it appears to have discovered along the way that it is convenient.
'The programme has not been drafted by the [former] ministers. The proof of that is that we may not necessarily know these things. The programme has been created by people from the market, people of action with the secretaries and the secretariats.'
Erdogan said Turkey had offered to set up groups with the United States to work together on the issue, without saying what Washington’s response had been.
Mitsotakis categorically declared that he will not fire any civil servants and that he will not have any future cooperation with former Pasok leader Evangelos Venizelos, who on 1 June left the Movement for Change
The financial daily reports that investors are already buying up Greek stocks as they view the electoral results to date as the prelude of a victory for conservative-liberal New Democracy.
Citizens’ assessment of the administration of Mr. Tsipras and his fellow-travelers led them to an absolute denunciation of the government.
The draft code is the result of consultations over several years in legislative committees in cooperation with law professors, judges, prosecutors, and bar associations.
“Moody’s expects a more rapid rate of increase in deposits and a gradual drop in NPLs,” said VP-Senior Credit Officer Nontas Nikolaidis.
The survey gave New Democracy a high of 36. 5 percent and a low of 31.5 percent compared to a high of 27.5 percent and a low of 22.5 percent for SYRIZA,
'There are only Piraeus residents and we want them by our side. We do not have the many and the few. We have only Piraeus Victorious for everyone,' the leader of Olympiacos FC said.
Main opposition conservative New Democracy has scored its greatest victory ever in regional and municipal elections, winning 11 of the country's 12 prefectures
Within three years, Tsipras led a very small party to become one of the country’s top two parties, with a good shot at gaining power.
In a bombshell move, centre-left Movement for Change (mainly Pasok) leader Fofi Genninata has shown ex-Pasok leader Evangelos Venizelos the door after her decision today to give former Athens Mayor Yorgos Kaminis the top spot on the party’s statewide ticket after months of rumours that Venizelos would be offered the slot. Kaminis is a centre-left […]
Any investment had to pass multiple hurdles to gain initial approval. Then it was blocked by either by the bureaucracy or incompetent political management.
Τhe cabinet nominated Eirini Kalou as Chief Justice of the Supreme Court (Areios Pagos), and Dimitra Kokotini as Chief Prosecutor.
Cadres of two top parties have accused each other of wanting to appoint their own candidates to the top Supreme Court posts so as to have more lenient treatment in cases involving their parties or politicians
For many, the effort to create a new narrative and disseminate it within a month - so as to stem a mass defection from a party widely expected to be annihilated in a New Democracy landslide - is simply unfeasible.