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  1. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    budget in particular, shows a material improvement by more than 3 billion YoY and 500 million month...: a) two bond issues, a 5-year note of 3 billion in April and a 3-year note of 1.5 billion in July and b

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  2. OECD sees more growth, falling unemployment in Greece

    EconomyMacroeconomy

    high debt which remains a major challenge, 3) slow progress in bank balance sheet restructuring... as the gains of the large competitiveness gains may be underestimated and 3) faster progress

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  3. Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011

    EconomyMacroeconomy

    institutions eased 3 percent from 2.9 percent in the preceding 3 months. Balances dropped by 475 million

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  4. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    of 3 billion euros in April and a 3-year note of 1.5 billion in July b) Redemptions of 16.5 billion c) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. The amount

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  5. Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    displayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from... to obligations to more than one banks, while are also past due for more than 3 years. BoG projects NPL ratio

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  6. Conditions for Greek ECCL reportedly outlined in German document
    Photo by MacroPolis

    EconomyProgramme

    ’ recapitalization. 3) Compliance with Growth and Stability Pact obligations. 4) Improvement in the current account balance. 5) Access to capital markets. Despite the issues of 3- and 5-year bonds until

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  7. Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
    Photo by MacroPolis

    EconomyBanking

    the acquisition of 6 banks (ATEbank, the 3 Cypriot banks’ operations in Greece, Geniki Bank... corresponds to obligations to more than one banks, while are also past due for more than 3 years. The same

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  8. New claim of attempt to bribe MP casts shadow over presidential vote

    PoliticsGreek Politics

    Haikalis up to 3 million euros in order to vote for the presidential candidate, Stavros Dimas... to the government also offered her up to 3 million euros via messages on Facebook. [https

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  9. Papandreou's bid for new role in Greek politics far from simple task

    PoliticsGreek Politics

    of anything more than 3 percent – enough to give him a presence in the next Parliament and thrust him... appears an uphill task. Gaining 3 percent of the vote after just three weeks of existence in the current

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  10. Venizelos ready to work with SYRIZA but leftists and Papandreou to have last say
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    of passing the 3 percent threshold needed to get into Parliament. The most likely scenario seems... of kingmaker. The new grouping would probably need to gain upwards of 200,000 votes to pass 3 percent

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