Rules and confidentiality
The only thing all the political leaders agreed on in yesterday’s heated debate in Parliament was the need for a new framework governing the security services responsible for gathering and managing sensitive information.
Social security agency to hire private sector managers
EFKA, Greece’s main social security agency, will be looking to hire 24 experienced senior managers in October along with 200 less senior ones early next year.
Silence, for anyone who’s listening
There is nothing, it seems, that is capable of turning down the aggressive tone prevailing in public discourse and ensuring that a discussion can take place in a calm and composed manner.
Attica Bank restructuring plan to include NPL securitization
Attica Bank has only a few days to submit its capital restructuring plan to the Bank of Greece, which would include the third, and largest, securitization of bad loans.
The importance of a new natural gas discovery off the coast of Cyprus
A new natural gas discovery off Cyprus’ southern coast has observers debating whether this can unlock additional potential for the East Med and provide further gas supplies to Europe as the continent grapples with an energy crisis.
Cartoon (27/07/2022)
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Greek olive oil producers must keep eye on the competition
Greece is looking at a good year for olive oil, though experts warn producers need to take a closer look at the competition beyond traditional rivals Italy and Spain, but also at the market.
BoG sees higher GDP growth
The Bank of Greece has upwardly revised growth predictions for 2022, though not to the level predicted by Swiss-based investment bank UBS.
Ankara targets Macron, again
Ankara on Saturday launched a new attack against French President Emmanuel Macron, saying he has a problem with his country’s colonial past and blames Turkey for that.
Fitch issues rating warning
A protracted energy crisis, and the resulting need for price support, could stretch Greece’s finances to the point that its debt might have to be downgraded, credit ratings agency Fitch warns.