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  1. Lest we forget

    Agora

    will want revenge, in whatever form that may be. This is just one of the reasons for us... in the collateral damage column. Each and every one is a stain on Greece’s democracy, regardless... they systematically sawed off Greek democracy’s legs, Indifference, short-term thinking, avarice

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  2. Greece agrees with troika, looks to tranche release and redistribution of surplus
    Photo by MacroPolis

    PoliticsGreek Politics

    million will be given as a “social dividend.” The latter mainly involves one-off handouts to 1... said that the two sides had agreed on how the primary surplus would be distributed. One billion... and pushing for an early primary surplus is paying off. On Tuesday, Samaras claimed that Greece

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  3. Eurogroup clears next bailout tranches for Greece, sets new goals

    EconomyProgramme

    for debt servicing and to undertake some one-off spending in 2014 to bolster social cohesion.” Following... involves one-off handouts to 1 million Greeks with low incomes and a temporary boost for members

    5%

  4. Greek coalition overcomes concerns about "small PPC"

    PoliticsGreek Politics

    Corporation (PPC) in the form of a smaller spin-off. Adopting the so-called “small PPC law” is one...-euro sub-tranche of its eurozone bailout. It is one of the 12 tasks Greece needs to fulfil... that it would renationalise the part of the power company that is due to be sold off. It is certain, though

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  5. Return of coastal bill may give SYRIZA new chance to build support
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    . This is in contrast to the PPC stand-off, where SYRIZA stood side-by-side with the electricity workers’ union (GENOP... bill is connected to the Hellenic Republic Asset Development Fund’s (HRADF) efforts to sell off... parties behind one proposal simply strengthened concerns about the party’s ability to form alliances

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  6. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    on August 28. This year’s results include one-off items of 1.04 billion euros largely due to the recognition of additional deferred tax asset (DTA) of 994 million. Excluding one-offs, net profit landed... that the remaining off-balance sheet DTA stands at 1.2 billion euros, implying there is further room

    5%

  7. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1. This quarter’s profitability benefitted from two one-off items: The first relates to the recognition... one-off items), pre-provision income rose 17 percent quarter on quarter (QoQ) to 294.9 million, while

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  8. How many NPLs in the Greek banking sector are also non-recoverable loans ?
    Photo by MacroPolis

    Agora

    not appear to have reached its peak. Only one bank (NBG) reported the level of NPLs below the critical... recoverable. In other words, presenting a transparent NCL overview would oblige Greek banks to address one... down, or even worse, having to write off Greek banks’ investments in their troubled loan portfolio

    5%

  9. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
    Photo by MacroPolis

    Economy

    euros, which are estimated at 1.26 million, will receive a Christmas bonus equal to one monthly pension... that 48 billion of unpaid taxes will most likely be written-off. A similar process will also... taxes and SSC will not exceed one third of the citizen’s income. In addition, a state-controlled

    5%

  10. Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
    Photo by MacroPolis

    EconomyBanking

    respectively. Core pre-provision income (PPI) - excluding trading income and one-off expenses – rose... reflecting a one-off cost of 195 million related to the voluntary separation scheme (VSS). The bank

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