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  1. Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
    Photo by MacroPolis

    EconomyBanking

    , a cash consideration with a cash price equivalent to 43, 9 and 9 percent of nominal value respectively

    17%
  2. Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
    Photo by MacroPolis

    EconomyBanking

    . The bank said that recurring expenses increased by 9 percent QoQ to 324 million, due to seasonally... that the ELA collateral buffer is currently estimated at 9 billion. Gross loans were kept stable QoQ

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  3. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    was that the 9 billion euros of austerity in 2011 would reduce the deficit by 4.9 billion euros to 17... to an additional 7.5 billion euros of further austerity (Table 9). Greece found itself running just to remain

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  4. Can Greece learn to love renewable energy?

    EconomyFeatures

    . The national capacity target for wind energy is 7,500 MW by 2020.[9] In terms of companies.../#ixzz4H7i8yX1o [9] https://energypedia.info/wiki/Greece_Energy_Situation#Market_Situation_for_Renewable_Energies.../uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas

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  5. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    its case and the ENXE agreed to amend the methods and type of information its members share[9...-of-35-major-companies-in-2008-15 [9] http://www.capital.gr/story/3119263

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  6. Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    million better than target, while property taxes increased 9 percent to 1.18 billion, 624 million... monthly figure by 9 percent. Moreover, despite falling by 5 percent in August consumption taxes rose

    17%
  7. Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
    Photo by MacroPolis

    EconomyBanking

    credit (-9 million) partly offset by a positive formation in mortgages (+82 million). However, due... until November 9. Since the end of June to date, ELA funding has been reduced by 2.7 billion to 13.1

    17%
  8. Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    . Only Italy reports similar values, with 7 and 9 percent, respectively, of its respondents satisfied... Europe (14 percent, the transition region (9 percent), Germany (31 percent) and Italy (21 percent

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  9. Travel receipts drop 13.8 pct in Nov, 11-month figure down 6.6 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in November, while the corresponding payments increased by 9 percent to 167.6 million. This meant... and overall by 9 percent to 16.87 million in 2016. In addition, SETE figures showed

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  10. Special ELSTAT report reveals dramatic changes in labour market since 1980s
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the employment rate in the 2009–2015 period stood at -9 percent, with that for men (-13 percent) much higher... almost tripled from 3.3 percent in 1981 to 9.2 percent in 2005, it edged down to 9 percent in 2010

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