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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsEnding days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist... at Piraeus University and as Eurobank’s chief economist to take up the job at the Finance Ministry.... The only changes at the ministries which hold pivotal roles in Greece’s adjustment program were Nikos
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Tsipras invites Middle East investment at second EU-Arab summit
PoliticsForeign PolicyAnastasiades, the UAE’s Minister of Economy, Sultan bin Saeed Al Mansouri and the President
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At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
PoliticsGreek Politics, and with UAE Minister Sultan Al Jaber, who reaffirmed the Emirates’ commitment to expanding
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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How Greece's political system failed to safeguard the largest investment in the country's history
Agora: Alpha Bank, Eurobank, National Bank of Greece (NBG) and Piraeus Bank. First round of recapitalisation... the minimum private investor participation, while Eurobank was fully recapitalised by the HFSF... in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became the dominant shareholder in the banks
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State braces for losses as bank divestment plan is put into action
EconomyBankingits small participation in the share capital of Eurobank. This set in motion HFSF's plan to dispose... largest ever investment. The management of Eurobank got the approval of the AGM earlier... for the acquisition of roughly 52.1 million shares that represent 1.4 pct of the share capital. Eurobank’s
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Newsletter 19 - 13/03/2015
of the current ELA stock of 65 billion. As managers at Eurobank stated in a recent conference call... Minister Nikos Paraskevopoulos’s threat on Wednesday to implement a 2000 Supreme Court decision
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Newsletter 47 - 16/10/2015
, particularly for 2015. Eurobank Economic Research projected that GDP would contract 4 percent QoQ... was ANEL’s Nikos Nikolopoulos, who heads the one-man Christian Democratic party. A hard right
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