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Mentioning the war so we don't have to mention the war
Agoraclaim. During the Second World War, the Greek government was forced to provide loans to the Nazi occupiers so they could cover the costs of maintaining the military presence in Greece. Some estimates... and that during Greece’s military dictatorship it was an oasis of international culture and free thought
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Newsletter 51 - 12/11/2015
a reflection of how the characterful and purposeful Schmidt had enriched European politics during his long... Konstantinos Karamanlis during his self-imposed exile in Paris) who is cast in the role... following a downward revised 0.4 percent growth in Q2, according to flash estimates. Q3’s figure
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingpercent in the next 3-4 years. Asked during the conference call, the management indicated it would... profitable in the next years. During the conference call, the management provided guidance for 2016, noting it estimates the bank to become profitable mainly on the back of mid-teen PPI growth, cost
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Newsletter 84 - 29/07/2016
issues during the summer is part of a conscious government strategy to prevent resentment over the 3... solely self-serving and denying taxpayers the public service they are entitled to. It was during one... system. The government estimates that around 3–4 billion euros may be returned to Greek banks
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HFSF records losses of 578 mln in Q1 on negative revaluation of bank holdings
EconomyBankingin the four core banks stood at 25 billion euros during the first round of bank recapitalisation... 14,338 euros a year ago. During Q1, the fund received 30 million from one (ATEbank) of the 12 banks... estimates the recoverable amount stands at 2.02 billion.
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Stournaras outlines conditions for strong 2017 growth, calls for debt relief measures soon
EconomyMacroeconomy. This is largely attributed to more competitive prices offered during the peak tourism season. Another... (food services and accommodation) picked up during the crisis, increasing their market share both.... Keeping with the draft budget and European Commission’s estimates, the BoG forecasts that growth
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Newsletter 95 - 11/11/2016
minister attaches to this goal was evident in his choices during the cabinet reshuffle announced last... for promulgating all kinds of conspiracy theories during the crisis. That this constant chipping away..., the European Commission kept its GDP estimates for Greece unchanged, pointing to a slight recession
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingto 25 billion during the first round of bank recapitalisation that was conducted in the second... with the commitments of the memorandum of understanding (MoU) and the sale of Finansbank by NBG. During the first... the funding gap of the twelve (non-core) banks under liquidation. Of this figure, HFSF estimates
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HFSF records losses of 1.2 bln in 9-month amid revaluation losses from bank holdings
EconomyBankingon December 23. It is worth noting that HFSF’s initial investment in the four core banks, during... memorandum of understanding (MoU) and the sale of Finansbank by NBG. During the 9-month period, HFSF...) banks under liquidation. Of this figure, HFSF estimates the recoverable amount stands at 1.94
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Newsletter 109 - 03/03/2017
to close the second review. During the course of this week, the coalition has also accepted... measures will be needed. Government spokesman Dimitris Tzanakopoulos admitted during a regular... Ministry sources noted that IMF requests could be lowered since the latter’s estimates incorporate
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