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  1. 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... 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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  2. Bid to form alliance for PPC referendum tests SYRIZA's political mettle
    Photo by MacroPolis

    PoliticsGreek Politics

    if they fail to find the votes they need now but it will be difficult to fend off the jibes from... the legislation for the PPC sell off. As it tries to create connections at the societal, not just political

    3%

  3. Public deficit and democratic duty

    Agora

    that is polished off and tossed to the public from time to time. This time it is claims of an unpublished... rates, staving off a financial assistance program. Lastly, to put the blame for Greece’s 2009 deficit

    3%

  4. Don't let the facts get in the way of "Argentinology"
    Photo by Quim Pagans via Flickr

    Agora

    for one. This heavily restricts the money supply. The money press was essentially switched off... protests, Argentina announced on January 6 the abandonment of convertibility. Cut off from international

    3%

  5. 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... that the remaining off-balance sheet DTA stands at 1.2 billion euros, implying there is further room

    3%

  6. 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

    3%

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

    Agora

    down, or even worse, having to write off Greek banks’ investments in their troubled loan portfolio is a high-risk strategy. Any write-off would severely impact on domestic lenders’ quarterly profit

    3%

  8. Tsipras starts to flesh out SYRIZA's economic policy but questions remain

    PoliticsGreek Politics

    with the aim of the majority of Greek debt being written off. He also proposed that repayments... of their debt written off under SYRIZA’s plan. Also, when added to obligations to the state, loan payments

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  9. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    and non-performing loans of just 8 percent. Since then, though, the economy has fallen off the cliff... restructuring up to the last minute and in April 2011 went as far as threatening to cut off Greek banks from its

    3%

  10. Growth, recovery, change and other words lost in the wind
    Photo by Harry van Versendaal

    Agora

    of this year and take off in 2015," Finance Minister Gikas Hardouvelis told a gathering of Greek businessmen... that if the government could get through the summer, the country would "take off" in September. More than

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