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  1. Piraeus Bank posts net profits of 31 mln in Q3, records improved asset quality trends
    Photo by MacroPolis

    EconomyBanking

    single-digit NII growth going forward, on the back of lower deposit cost, positive impact on funding... south with the Q3 figure landing at 23.8 billion, down by 3.1 billion QoQ, on the back of an increase

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  2. Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
    Photo by MacroPolis

    EconomyMacroeconomy

    downward by 1.72 billion to 1.98 billion on the back of lower privatisation proceeds to 123 million... revealed tax revenues rose by 3.8 percent to 4.53 billion in October, largely on the back of soaring

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  3. Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
    Photo via Fosphotos

    EconomyProgramme

    ; the waiver of the step-up interest rate margin amounting to 200 bps related to the debt buy-back... back on Athens to come up with solutions and to enter into politically damaging discussions. While

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  4. Newsletter 100 - 16/12/2016

    Newsletters

    bulletin. The headline figure exceeded the target by 3.9 billion on the back of revenue... dropped by around 20 billion on the back of a reinstatement of the waiver on Greek government securities

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  5. Tsipras springs surprise with handout pledge for pensioners
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    standing pledge to bring back an extra monthly pension payment. The announcement made by Tsipras is undoubtedly an attempt to win back support for his government. There is no certainty that it will have

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  6. Tsipras gets no encouragement from lenders, left to consider next move
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    is being kept on the back burner by the prime minister. He still seems to see some promise in continuing... a step back and the time that it will take to reach a deal. If, for instance, the talks drag on beyond

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  7. Another spin of the wheel for Greece
    Ferris Wheel at Syntagma Square

    Agora

    commitment to debt relief from the eurozone. The vagueness of this pledge came back to bite Greece.... In many ways, Greece finds itself back where it was in December 2014, when the prime minister at the time

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  8. PMI rises to 49.3 in Dec but likelihood of growth remains slim

    EconomyMacroeconomy

    in post-production inventories. New orders dropped further in December, largely on the back... of suppliers rose at the fastest pace since April on the back of transportation strikes throughout

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  9. Newsletter 102 - 13/01/2017

    Newsletters

    with him was that Athens is prepared to back down a little in order to facilitate an agreement... on the back of a marked drop in the number of employed by 52,800 to 3.69 million, while the number

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  10. Papandreou returns as PASOK seeks revival
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    After enjoying a modest revival in the opinion polls, PASOK has built further momentum by welcoming back its former leader George Papandreou and enhancing its presence in Greek Parliament thanks...’s return by claiming it was an issue of “political dignity” for the party to refuse to let him back

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