07-05-2018 | EYE ON GREECE | EU

07-05-2018 | EYE ON GREECE | EU

Monday, May 7, 2018

Efforts to resolve ‘Macedonia’ name row are stepped up

Amid growing international pressure for a solution to the name dispute between Greece and the Former Yugoslav Republic of Macedonia (FYROM), diplomats are to resume efforts to break the deadlock this week.

http://www.ekathimerini.com/228355/article/ekathimerini/news/efforts-to-resolve-macedonia-name-row-are-stepped-up

Snap election speculation rife in Greece; regular poll set for H2 2019

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Friday again called on his party’s cadres to be prepared for any snap election, while adding that “the reverse countdown has begun so that the worst government the land has known since the restoration of democracy (1974) has begun, and elections will take place sooner or later.”

http://www.naftemporiki.gr/story/1347300/snap-election-speculation-rife-in-greece-regular-poll-set-for-h2-2019

Turkish municipal worker arrested at Greek border deported

A 38-year-old Turkish man who was arrested last week at Greece’s northeastern border was deported to Turkey on Saturday.

http://www.ekathimerini.com/228351/article/ekathimerini/news/turkish-municipal-worker-arrested-at-greek-border-deported

Greek banks pass stress tests, would only lose 15.5 bln under adverse scenario

Greece’s four biggest banks would lose around 15.5 billion euros worth of their capital by 2020, or 9 percentage points of capital, under an adverse economic scenario, results of a stress test published by the European Central Bank showed on Saturday.

http://www.ekathimerini.com/228341/article/ekathimerini/business/greek-banks-pass-stress-tests-would-only-lose-155-bln-under-adverse-scenario

DBRS upgrades Greece’s credit rating to ‘B’

DBRS Ratings Limited (DBRS) announced late on Friday it has upgraded Greece’s main credit ratings from CCC (high) to B and maintained the Positive outlook. DBRS also upgraded the country’s Short-Term Foreign and Local Currency – Issuer Ratings from R-5 to R-4 and maintained the Stable trend.

http://www.ekathimerini.com/228340/article/ekathimerini/business/dbrs-upgrades-greeces-credit-rating-to-b

Unpaid taxes are building up again as taxpayers are unable to meet obligations

Concerns are growing in the Finance Ministry as expired debts to the tax authorities grew at an unexpectedly high rate in March – a month with no major obligations. Unpaid taxes came to 776 million euros in March, taking total new arrears to the state in the first quarter of the year to 3.55 billion euros.

http://www.ekathimerini.com/228326/article/ekathimerini/business/unpaid-taxes-are-building-up-again-as-taxpayers-are-unable-to-meet-obligations

Angry Folli Follie reaction to negative report by QCM

Greece-based Folli Follie issued an angry response on Friday in response to a particularly negative report by Quintessential Capital Management (QCM) on the international company, which designs, manufactures and distributes higher-end jewelry, watches and fashion accessories.

http://www.naftemporiki.gr/story/1347183/angry-folli-follie-reaction-to-negative-report-by-qcm

ATHEX: Stocks suffer new drop at the end of losing week

The Folli Follie limit-down weighed heavily on the benchmark at Athinon Avenue on Friday, bringing a week of losses to a fitting close.

http://www.ekathimerini.com/228324/article/ekathimerini/business/athex-stocks-suffer-new-drop-at-the-end-of-losing-week

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SUNDAY PAPERS

KATHIMERINI: Net income of 1,500 Euros is an intangible dream

TO VIMA: PM Tsipras has fallen inside a ‘black hole’  

REAL NEWS: The unknown ‘war’ against Erdogan

PROTO THEMA: German FinMin Scholz resembles Schaeuble

AVGI: The second electoral district of Athens will be re-divided in smaller parts

MONDAY PAPERS:

ETHNOS: Zero hour for ‘red’ loans

TA NEA: Pensions undermine the country’s ‘clean exit’ from the Memorandum-era

EFIMERIDA TON SYNTAKTON: All-weather ‘professional’ witness who had accused three New Democracy ministers in the past now accuses a SYRIZA minister of corruption

KONTRA NEWS: Who is setting up the conspiracy inside the National Intelligence Bureau against its head, Giannis Roumbatis?

DIMOKRATIA: Lying and hypocritical Labor Minister on the issue of pensions

NAFTEMPORIKI: Double benefit from stress tests