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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBanking. The key challenge for NBG in the short term is the coverage of its capital needs of 1.58 billion under
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomyThe general government (gg) primary cash surplus narrowed by 20.7 percent to 2.48 billion in the 9-month period of 2015 from 3.412 billion last year, the Finance Ministry (MoF) gg bulletin displayed on Tuesday. Three of the four key gg entities recorded a deteriorating fiscal performance, while
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Government in race against time to resolve bailout issues
EconomyProgrammebe negative. The third key issue relates to amendments in the 100-installment scheme, where
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First general strike an awkward but telling moment for Tsipras
PoliticsGreek Politicsin government during the previous years. In fact, perhaps the key things that can be taken away from
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Fitch affirms Greeceās rating, projects GDP to contract 0.3 pct in 2015
Economytightening, according to the rating agency. The key downside risk to its economic forecasts relates
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammesummarise below the key provisions of the omnibus bill. An additional tax of 0.05 euros per column
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyin the 2-year period. On the revenue front, the key interventions involve: VAT streamlining
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New Democracy prepares for leadership vote after abrasive campaign
PoliticsGreek Politics. Meimarakis has run a relatively low-key campaign and tried to use the fact that he is the incumbent
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Greek stocks edge up in week of big losses for banks
EconomyThe domestic market rebounded by 1 percent this week but the key development was the huge losses posted by the banking sector. Despite the announcement of the successful completion of the bookbuilding process for the international institutional offering for three of the four lenders, bank shares
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Coalition considers options for addressing pension system sustainability
EconomyProgrammepensioners currently stands at 1:1.7 compared to a target of 1:2.1 for a viable pension system. The key
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