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Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
EconomyBankingnetwork but 8 business centers. In contrast, Alpha’s subsidiary in Bulgaria is the fourth largest
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What's likely to be in the next multi-bill of prior actions Greek MPs will vote on
EconomyProgrammein excess of 100,000 euros are protected from a bail-in equal to 8 percent of total liabilities
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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyGeneral Council for this period and reflects the extended deposits of more than 8 billion in that month
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A breakdown of the funding needs involved in Greece's third bailout
EconomyProgramme28 percent, interest payments 20 percent, the clearing of arrears 8 percent and state deposit build
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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgrammeof non-wage subsidies is seen resulting in annual cost savings of 22 million. 8) Annual cost of 8.1
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Greek government commits to new fiscal measures for third bailout
EconomyMacroeconomybelow 12,000 euros and from 33 to 35 percent for higher income. 8) Gradual abolition of the preferential
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These are the bailout deliverables expected from Greece in September
EconomyProgramme, which will assist on implementation, an action plan on public procurement. 8) Integrate
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Marked drop of 50 bps in new time deposit rate in July amid capital controls
EconomyMacroeconomyin consumer credit without a fixed maturity (mainly credit cards) also slipped by 8 bps to 14.55
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomyfell at a slower pace by 8 percent. The rate of drop in trade deficit is the biggest since 2005
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Industrial production drops by 1.6 pct for third successive month in July
EconomyMacroeconomyby intermediate goods (-8 percent), capital goods (-7.9 percent) and consumer non-durables (-5.2 percent
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