Friday May 29, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Don’t feed the zombies

There can be no growth without resolving the issue of nonperforming business loans. However, the solution to this problem should not be based on old establishment criteria, such as political and other connections. The economy – in other words the market’s sustainable and healthy company sector – is in desperate need of oxygen. Businessmen who stood by their companies must be reinforced, as opposed to those who looted their businesses and have kept their accumulated assets abroad.

If the very little money that local banks are able to hand out ends up going to the zombies, the real economy will be dealt a disastrous blow.

The proposals tabled by the Development Ministry are in the right direction. What is crucial at this point is for the procedure to begin swiftly and for the agreed rules to be observed without exception.

ekathimerini.com , Monday September 1, 2014 (09:16)  
FIFA and fair play
Greece´s Cuban pathway to a parallel currency
Endless confusion and worry
Following up on a positive step
PM speaks to Merkel, Hollande as lenders increase pressure
With negotiations between Greece and its creditors at a critical phase, Prime Minister Alexis Tsipras on Thursday sought the assistance of German Chancellor Angela Merkel and French Presiden...
To Potami and PASOK poised to support deal
To Potami leader Stavros Theodorakis said Thursday that his party would back any agreement between the government and the institutions, while PASOK chief Evangelos Venizelos suggested that P...
Inside News
Hoteliers seek VAT solutions
The Association of Hellenic Tourism Enterprises (SETE) is trying to help Greek hoteliers overcome the impasse they have come to with foreign tour operators regarding the signing of contracts...
Chaos in the system for tax declarations
Few taxpayers or even accountants have any idea of what is going on with tax declarations this year, as poor handling by the General Secretariat for Public Revenues, confusion in the Finance...
Inside Business
SOCCER
Panathinaikos conquers PAOK through Tavlaridis goal
A Stathis Tavlaridis goal has brought Panathinaikos to practically within one point from clinching a spot in next season’s Champions League qualifiers, as the Greens made it three out of thr...
SOCCER
AEK Athens returns to top league after financial collapse
Greek club AEK Athens has just returned to the country's top soccer league, two years after financial collapse sent it to a lower league. One of the country's largest clubs, AEK sealed its s...
Inside Sports
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Hoteliers seek VAT solutions
2. Chaos in the system for tax declarations
3. Lenders’ first-quarter data suffer from NPL expansion
4. Regional airport concession deal ‘to be sealed soon’
5. PM speaks to Merkel, Hollande as lenders increase pressure
6. To Potami and PASOK poised to support deal
more news
Today
This Week
1. Endless confusion and worry
2. G-7 weighs in on Greece as Tsipras government told to be serious
3. ECB's Nowotny says no to loosening funding for Greece now
4. Lagarde says still much work to do in Greek debt talks
5. Greek bank losses show predicament amid record outflows
6. Following up on a positive step
Today
This Week
1. Hotel contracts with a ‘Greek default clause’
2. Neither Grexit nor a dual currency will solve Greece’s problems
3. Some 300 mln left banks on Tuesday
4. No more 'quick and dirty' fixes for Greece
5. Tsipras faces down radicals within SYRIZA over terms of deal
6. Romantic notions meet reality
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.