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  1. Piraeus Q3 trading update shows significant acceleration in NPL formation
    Photo by MacroPolis

    EconomyBanking

    to 34.5 billion. Note though that since the end of the bank holiday on July 20 until mid-October... (ELA) funding slipping by 1 billion to 21.2 billion. The new time deposit rate further fell by 64

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  2. Tsipras and SYRIZA: More old than new
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Alexis Tsipras staked his political future on the “new vs old” concept in the September 20 elections. His victory at the ballot box, though, does not mean that it can yet be deemed a winning strategy... Minister Giorgos Stathakis’s failure to declare bank deposits of 1 million euros in his derivation

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  3. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    slipped 1 place to 132nd. In registering property it remained unchanged in 144th spot. Getting Credit... of the warehouse value. Registering property (144th) in Greece requires 10 procedures, takes 20 days

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  4. Athens ticking off prior actions one by one as EU keeps close watch

    PoliticsGreek Politics

    litres) to 200 and to 330 euros as of October 1, 2016. Also, the tax rate on farmers’ income is set to increase from its current level of 13 percent to 20 percent in 2016 and then to 26 percent

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  5. NBG strengthens capital at deep discount, falls short of initial target
    Photo by MacroPolis

    Agora

    ) and Eurobank (52.4 percent) announced earlier this week. The bank will also proceed with a reverse split (1... plunged 20 percent this week and 52.9 percent since the announcement of its capital shortfall on October

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  6. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    significantly slowed to 5.4 percent from more than 20 in the preceding nine months, while double... by 1 billion from last year’s figure.

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  7. Apartment prices fall at an accelerating pace of 6.1 pct in Q3

    EconomyMacroeconomy

    percent and 1 percent in 2017. These forecasts were based on the institutions’ summer projections... to a recession of 1.4 percent this year. In the 2016 budget tabled in Parliament on November 20

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  8. Greece and lenders seen inching towards deal on ADMIE

    EconomyProgramme

    has to implement to receive the next sub-tranche of 1 billion. According to government sources cited.... The privatisation process calls for the sale of 20 percent to a strategic partner, a European firm specialised

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  9. Gov't hopes deal with lenders on prior actions will prove politically palatable

    PoliticsGreek Politics

    Greece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds... around 20 percent to a strategic investor. The agreement also allows the Greek state to have

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  10. Deflated SYRIZA shuns broader political cooperation for now

    PoliticsGreek Politics

    instalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension... to the “parallel programme” that SYRIZA has spoken about before the September 20 elections. This is the idea

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