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A Greek form of Triangulation
Agorapublic officials, for crimes relating to the execution of contracts for restoring remote traffic... was paved days after the crash, potentially damaging crucial evidence relating to the crash
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Predatorgate and OPEKEPE offer opposition ammunition amid deteriorating public sentiment
PoliticsGreek Politics, with 78 pct disappointed in measures relating to the economy, 75 pct disapproving of measures relating to the quality of democracy and 68 pct feeling let down by the government’s attempts to improve
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Reshuffle on horizon as second OPEKEPE dossier rattles government
PoliticsGreek PoliticsA new dossier from the chief EU prosecutor relating to the OPEKEPE farm-aid scandal has thrown a spanner in the works of PM Kyriakos Mitsotakis’s plans for an orderly progress to the 2027 elections... another former rural development minister and his deputy, relating to the same period. The scandal
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Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
EconomyMacroeconomy, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday. The headline figure for Q4... it started to rebound in the next two quarters. ELSTAT said flash estimates are expected to be revised upon the release of provisional estimates scheduled on March 6 including updated figures for December
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicsprovisions that should be amended or repealed. The Paris-based organization estimates the benefit... is how to cover Greece’s funding gap for this year, which is estimated to be 4.4 billion euros by the IMF, and then how much will be needed to finance the country in 2015/16. The IMF estimates
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How Greek banks moved into a new era
Agora, with banks’ current estimates pointing to a peak of the NPL ratio close to the end of the year easing... this year. Current consensus estimates point to a loss-making year for all banks except National, while... was estimated at 5.8 billion under the binding baseline scenario and at 8.8 billion under
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Newsletter 3 - 14/11/2014
the troika reportedly estimates at 2.6 billion euros as it believes that the law passed last month... after 16 successive quarters of recession, according to the flash estimates published by the Hellenic... increases the potential revenue for the state. The government had reportedly estimated next year’s
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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBanking. The bank estimates synergies of 10 million and positive liquidity of 0.3 billion due to the acquisition... Ahli Bank of Kuwait for a consideration of 150 million dollars. The bank estimates... cash buffer is estimated at 12 billion based on the current collateral valuation and haircut regime
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomy. The key macro assumptions and fiscal estimates in line with those agreed with the institutions in mid.... For 2016, GDP is expected to slip to 173.37 billion. Fiscal estimates The primary balance based on the Economic Adjustment Programme (EAP) methodology is estimated to show a deficit of 418 million
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingestimates CoR to land at 140 bps for the whole year. Cumulative provisions marginally fell to 17.31.... Based on current collateral valuation and haircuts, Piraeus estimates its ELA collateral buffer... in the departure of around 1,000 full-time employees with the annual benefit estimated at 40 million
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