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Tension rises in Greece but creditors see potential for agreement soon
PoliticsGreek PoliticsProspects for a deal between Greece and its lenders hang in the balance going into the Orthodox Easter weekend after another round of inconclusive talks on Wednesday. Alternate Finance Minister... up hope of finding common ground with its lenders, even if that may lead to more concessions from
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomya positive impact on general government fiscal figures of 852 million (0.47 percent of GDP) in 2013... ports, marines and real estate properties. Funding needs On the coverage of 2015 funding needs, the MoF... months, while short-term funding will be implemented via T-bill issues and repo agreements with gg
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyentities. Similar to January, the state budget recorded the highest surplus at 852 million, yet... securities previously used for ECB funding. The remaining 20 percent is associated to state
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Newsletter 57 - 08/01/2016
by the government at the beginning of the week. Finding a formula to achieve pension cost savings... miracle worker, or “Harvard-educated free-market reformer”, as the Wall Street Journal describes him.... The Wall Street Journal writes that Mitsotakis won “respect from Greece’s creditors for his efforts
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesmarketed through online platforms such as Airbnb, HomeAway, Vrbo and Booking.com. The “sharing economy... properties in Athens listed on Airbnb and Vrbo, according to data provider AirDNA. By the third quarter
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Media
No image availableSeveral far right parties have unexpectedly entered the Greek parliament 25/06/23 The Wall Street... Greek elections: Rail tragedy hangs over vote dominated by dynasties 19/05/23 The Wall Street Journal... 2020 11/09/20 The Wall Street Journal Second Night of Fires Destroys Remains of Greek Refugee Camp
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Reported widening of revenue shortfall in Feb as liquidity worries persist
Economyin January and stood at 622 million, slightly above target of 611 million. Lower income from.... On a separate issue, Kathimerini daily reported that the untapped ELA funding of Greek banks, which... accounts that the government aims to use to cover the imminent funding needs in March. Greece reportedly
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingAlpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022.... Group deposits were 48.4 billion euros, from 50.8 billion euros in 2022. Eurosystem funding
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PM seeks to leave ICU controversy behind as Tsipras ups stakes with snap election call
PoliticsGreek Politicsbeen prompted by several things, including the fact that ND has been finding itself on the defensive... businesses to the wall, in favour of large corporations. On the economic front, Mitsotakis announced... the government tried to pass the buck concerning the findings of the research co-authored by Tsiodras is further
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Greece and the euro: The flight of Icarus
Agorahit a brick wall. It lacked the conviction to make the tough changes in the public sector, to make... are without a job and have diminishing prospects of finding one. Over the last three years, salaries have... or socially. But Greece finds itself trapped. Its only source of funding is the loans it receives from
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