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  1. Government seeks to appease banks over ADMIE privatisation

    EconomyMacroeconomy

    in kind to its shareholders (carve out). During the EGM, the Hellenic Republic Asset Development Fund... estimated value stands at 491.84 million euros and this amount would constitute the share capital

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  2. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    , according to the IMF. Despite two reforms undertaken during 2010 and 2012, the pension expenditure... in Greece was estimated at 978 euros at the end of 2015 by the IMF, which is similar to the eurozone average

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  3. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    , the improving trends in loan quality during 2016 led to Greek banks increasing their loan provisions... to the anticipated NPE reduction and are estimated to reach 13.9 billion euros within this 3.5-year period

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  4. Review talks focus on out-of-court workout, jobs scheme and energy market
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    is expected to be tabled in Parliament by the end of March. During the second 2-hour meeting on active... after February 20 Eurogroup that the programme’s funding was estimated at around 3 billion euros

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  5. Fraport reveals airport plans as major privatisation overcomes obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    and improvement works as well as capacity expansion, which will be dependent on traffic growth. During... EBITDA. HRADF estimated that additional state revenues would reach 4.6 billion euros for the life

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  6. Piraeus Bank posts minor losses in Q4, almost breaking even for 2016
    Photo by MacroPolis

    EconomyBanking

    by December. Write-offs stood at around 500 million in Q4 and at 1.2 billion in 2016. During..., aggressive cost management and lower cost of risk, while foreign asset disposals are estimated to have

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  7. Rise in foreign arrivals pushes travel receipts up by 14.2 pct in June
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyMacroeconomy

    per trip rose by 0.7 percent during the period to 497.4 euros. Arrivals from four of the five key..., foreign arrivals are estimated to rise by 1.2 million or by 4.8 percent to 26 million in 2017

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  8. About to soar? Greece's economy still needs to be handled with care
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    euros during the month while the travel surplus improved by 15.5 percent to 1.91 billion from 1.66..., foreign arrivals are estimated to rise by 1.2 million to 26 million in 2017 while travel receipts

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  9. PM's Washington visit looms over domestic politics, review schedule
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in which he underlined that damage that had been done by political instability during the course... on. It is estimated that only between 15 and 20 of the 95 prior actions included in the third review have

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  10. Despite talks in US, review still looms large
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    days. Another issue that will be debated during the mission chiefs’ visit is the 120-instalment plan... had pledged to have the vast majority of prior actions wrapped up. It is estimated that around 25

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