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  1. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    income down 22 percent QoQ to 759 million. As a result, despite a cut in operating expenses by 3 percent

    9%

  2. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    ’ ELA ceiling was cut twice by the ECB (on September 3 and 17) and by 1 billion euros each time

    9%

  3. With onerous measures looming, Tsipras seeks talks with opposition leaders
    Photo by MacroPolis

    PoliticsGreek Politics

    to pensions being cut further but the one advantage Tsipras has is that while many of the measures being

    9%

  4. ELA ceiling for Greek banks slashed by 7.8 bln to 77.9 bln after recap
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    today’s ECB decision, the ELA ceiling has been cut by a total of 13.1 billion euros since mid-August

    9%

  5. General gov't primary cash surplus widens notably to 4.84 bln by October

    EconomyMacroeconomy

    revenues fell 8.3 percent to 27.74 billion euros, more than offsetting a cut in expenditure by 6.2

    9%

  6. Privatisation of power transmission firm ADMIE a key challenge among prior actions

    EconomyProgramme

    euros, while its operating expenses were cut by 20 percent to 81 million. As a result, the company’s

    9%

  7. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    increases, with the cash proceeds replacing the use of ELA funding. The ECB decided on December 3 to cut

    9%

  8. Candidates vie for votes as New Democracy leadership race enters final stretch
    Photo via @kmitsotakis

    PoliticsGreek Politics

    cut out to raise enough support. Mitsotakis 28.5 percent of the votes (115,162) in December but has

    9%

  9. Wide range of exacting issues lie ahead for Greece in first bailout review
    Photo by MacroPolis

    EconomyProgramme

    by 1.5 percentage points to fill this gap avoiding any cut in currently paid pensions. At the same time

    9%

  10. More than half of Greek households rely mainly on pensions

    Society

    of households (64.1 percent) have had to cut back to make ends meet while over half (56.5 percent

    9%