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Alpha Bank posts loss of 94.1 mln in Q1
EconomyBankinglast year, counterbalanced by impairments on loans at 395 million, which were down 21.8 percent year... that Yannis Costolpoulos (76) executive Chairman since 2005 decided to step down and was replaced
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomya more acute fall in yield on the 3-month notes. It was down by 180 bps in the year to date, falling... the most volatile performance, with interest rates moving significantly up or down each month
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Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010
EconomyMacroeconomyin gross capital formation (down 58.5 percent) and households’ consumption (down 27.4 percent
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsthe PSI in 2012, Hardouvelis might know what to expect when he sits down with his eurozone counterparts... that the return of economic growth goes hand in hand with job creation. Unemployment edged down
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economyfalling for a third straight month. They were down by 6.6 percent in May and 4.5 percent in the 5-month... to -3.3 percent in May (from -2.7 percent in April) leading the 5-month figure down 8.4 percent
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Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
Economy, leading the 6-month figure down 6.4 percent to 1.32 billion. Nevertheless, the actual figure outperformed... figure down 3.7 percent to 6.34 billion, 125 million below target. Consumption taxes showed a higher
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End of troika in Greece would create new challenges for coalition
PoliticsGreek Politicsbeen whittled down to just two and which may be forced to go to snap elections early next year has... would be that this package of reforms would not go down well with voters. There is little doubt
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Greek CPI falls at slower pace of 0.7 pct in July
EconomyMacroeconomymonth on month decrease was posted in clothing and footwear prices (down 13.5 percent), followed by household equipment prices (down 2.9 percent). A similar trend was also registered
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Unemployment at 27.2 pct in May, hardly changed from previous months
EconomyMacroeconomyfigure down 2.9 percent, rising from the 1.8 percent drop posted in April. In absolute figures... landed at 34.3 percent, down 3 pp YoY. The latter slipped to 24 percent from 24.1 percent last year
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State budget primary surplus widens to 2.28 bln at end of July after rise in revenues
EconomyMacroeconomyat 320 million, yet 52 million below target. PIB revenues amounted to 316 million in July, down... PIB revenues down 16.6 percent to 3.39 billion euros, 6.3 percent above target. The respective
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