Greece among 29 countries calling for the immediate end of the war in Gaza At the same time, they reaffirm their full support for the efforts of the United States, Qatar, and Egypt to achieve this goal and declare their readiness to take further action to support the immediate ceasefire. 22 Ιουλ 2025 19:48
ENGLISH EDITION Alpha Bank speeds up transformation plan According to sources, three special purpose vehicles (SPV) were set up in Ireland a few days ago, to which different categories of non-performing loans were transferred, as part of the Galaxy plan. At the same time, the bank has taken the necessary steps to obtain the assessment needed to make use of the state guarantees under the Hercules bad debt plan. 28 Μάιος 2020 14:11
ENGLISH EDITION Greece looks at incentives to produce equipment for electric vehicles According to sources, investments related to the construction of components and equipment for electric vehicles, ie batteries, transformers, chargers and general components related to this particular supply will be subject to low tax rates and reduced employer contributions. 27 Μάιος 2020 15:40
ENGLISH EDITION Abrupt halt for Greece's Golden Visa program According to May data, real estate transfers with residence permits reached 7,550, from 7,279 at the end of 2019, showing an increase of 271 residence permits in almost five months, while throughout 2019 3,172 permits were granted. This is a sharp drop in applications for the Golden Visa, showing that the program has come to a standstill. 26 Μάιος 2020 16:12
ENGLISH EDITION Bank of Greece governor sees problems with Hercules plan, calls for bad bank solution As the BoG governor Giannis Stournaras explained, the "Hercules" program that reduces problem loans through securitizations with government guarantees is progressing, but with problems, as the coronavirus pandemic affects securitization markets and the value of collateral. 25 Μάιος 2020 19:02
ENGLISH EDITION Greek banks conduct stress tests on tourism businesses Sources indicate that the extreme scenario of stress tests predicts zero revenue for a hotel business for this year, while for 2021 the projected revenue is adjusted to 65 percent of income recorded in 2019. For 2022, the projected revenue is considered to amount to 85 percent. 22 Μάιος 2020 14:25
ENGLISH EDITION Greek PM takes charge of new investment supervisory body Development and Investment Minister Adonis Georgiadis reiterated what was outlined in the European Commission's sixth post-memorandum monitoring report on Greece, regarding the creation of a mechanism to help projects mature, under the supervision of the Prime Minister's Office. 21 Μάιος 2020 14:29
ENGLISH EDITION Eurobank CEO: NPL plan being completed, bad bank is a positive step Speaking at a press conference held to present the bank's program to support tourism businesses, the head of Eurobank noted that one of the effects of the crisis will be the increase in non-performing loans (NPLs). "I am optimistic that this time the problem will be much smaller and manageable. The banking system has better know-how in terms of managing bad debt", he said. 20 Μάιος 2020 15:01
ENGLISH EDITION Banks see bad loan spike well below 10 bln euro mark Bank officials say that it is too early to draw any safe conclusions about the level of new bad loans, adding that all forecasts for the domestic economy predict a strong recovery in 2021. Regarding this year's challenges, they highlight that the ECB has provided tools and flexibility for banks to support sustainable businesses and minimize the impact on their balance sheets. 19 Μάιος 2020 10:10
ENGLISH EDITION The moment of truth for Aegean The issue of cash flow and passenger traffic needed for the Αegean to cover expenses is the main focus of analysts' concerns. The company's management is expected to provide details on monthly liquidity needs and how much it can withstand the current economic downturn. 18 Μάιος 2020 14:50
ENGLISH EDITION Archaeological sites to open in Greece on May 18 Archeological sites are the first category of cultural sites to return to normal operation, followed by summer cinemas on June 1, museums on June 15 and art events on July 15, 17 Μάιος 2020 16:11
ENGLISH EDITION The Athens urban development plan offering a new experience to citizens and tourists The equation that experts were called upon to solve was how and how much public space can be recovered from cars to be returned to pedestrians, cyclists and public transport. 17 Μάιος 2020 14:17
ENGLISH EDITION Greece's 515 organized beaches opened on Saturday Facilities only sell pre-packaged goods, while refreshment stands, coffee shops and the like operate as take-aways, not allowing seating. The sale of alcoholic beverages is banned, and delivery is not allowed. 16 Μάιος 2020 16:40
