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State braces for losses as bank divestment plan is put into action
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) formally launched last week the process of divesting its small participation in the share capital of Eurobank. This set in motion HFSF's plan to dispose of its holdings in the four systemic banks, bringing to...
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Athens not put out by Turkey-Egypt rapprochement, but watching closely
PoliticsForeign PolicyAthens is assessing the results of the historic meeting between Turkish President Tayyip Erdogan and his Egyptian counterpart Abdel Fattah al-Sisi on Wednesday, in Ankara. The two leaders discussed ways to further repair the long-frozen ties between the...
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Growing hopes that Greek recession will be milder than expected
Economyon Wednesday - after the first day of discussions with the quadriga’s mission chiefs in Athens
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Greek shares up for the third straight week on strong performance from banks
EconomyThe Greek stock market headed north for the third successive week posting gains of 3.9 percent mainly driven by banks (+18.6 percent), which continued recording strong gains for the third week in a row. The quadriga’s mission chiefs concluded on Friday their 3-day visit to Athens, the first after
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Athens ticking off prior actions one by one as EU keeps close watch
PoliticsGreek Politicsand 3,350 euros extra for each child) to enjoy protection. The quadriga appeared willing to discuss
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Newsletter 51 - 12/11/2015
income be set between 25,000 and 30,000 euros. The quadriga, however, would prefer to see annual
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Greek stocks on slide for third straight week
Economythe government and the quadriga will have a material positive impact on the outcome of capital increases
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Deal with lenders buys coalition more time but not internal calm
PoliticsGreek Politicsitself in a difficult position on the foreclosure issue. The scheme it has agreed with the quadriga
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Greece faces tight deadline for second set of milestones, first review looms
EconomyProgrammethe implementation of the second set of prior actions and the bank recapitaliaation. The quadriga mission chiefs
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeof exports are controlled by PPC. Local media indicate that the government and the quadriga may converge
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