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Greek stock market unmoved by election result, edges down 3.2 pct over week
EconomyThe Greek stock market shed 3.2 percent this week in the aftermath of Sunday’s snap elections... reluctant to invest in Greek shares. In the absence of financial news, the market focused on political developments. Fitch evaluated the Greek election as being credit neutral but that the risks
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Greek stocks on slide for third straight week
EconomyThe Greek stock market headed south for the third straight week, shedding 3.7 percent mainly due... stock of the progress made in the discussions of Greek authorities with institutions and gave a one week... Financial Stability Fund (HFSF) of the 10 billion euros earmarked for bank recapitalization. Greek
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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
EconomyThe introduction of Greek banks’ new shares for trading officially completed their last... percent). Apart from HFSF, other major shareholders in Greek banks after the recapitalisation... in Greek banks is the European Bank for Reconstruction and Development (EBRD), which invested a total
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Greek stocks plunge 7.9 pct, banks tumble 24.3 pct
EconomyFollowing a nosedive by 8.9 percent last week, the Greek stock market tumbled a further 7.9 percent... risks. Greek shares continue to be heavily hampered by the lack of progress in discussions... the beginning of the year, the Greek market has recorded huge losses of 26.5 percent. Bank shares were
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Investment: The forgotten casualty of the Greek crisis
AgoraOne of the greatest casualties of the Greek crisis and a much-overlooked key contributor towards..., investment reached 63.1 billion euros and represented 27 percent of Greek GDP. In 2014, the last full... on the table by Germany as a solution to the ongoing Greek problem. This underlines that despite
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Greek stocks up for second straight week, rising by 5.5 pct
EconomyThe Greek market advanced for the second successive week by 5.5 percent also supported by a rebound in the global markets. Institutions’ technical teams are working with Greek authorities... on Friday, its highest level since February 4. However, Greek shares are still posting losses of 19.7
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyGreek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February... capital controls were imposed. Following the drop in February, the time deposit rate in the Greek market...). As a result, the Greek corporate lending rates were kept around 150-250 bps above the euro area
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Four in 10 Greek firms thinking about moving abroad, survey shows
EconomyA survey conducted by Endeavor Greece, the Greek subsidiary of the global non-profit organization, showed 39 percent of Greek companies are considering transferring their headquarters... for staying in the Greek market involve legacy and market knowhow (53 percent), market opportunities
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Greek 2015 primary surplus at 0.7 of GDP under programme method as Athens looks for boost
EconomyMacroeconomyincludes the latest round of support for the recapitalisation of the Greek banks – was 6.05 billion euros or 3.4 percent of GDP. According to ELSTAT, support for Greek banks amounted to 7.16 billion... portfolio holdings of Greek government securities. In 2015, general government expenditure totalled
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Greek effort to heal rift with Balkan neighbours may have come too late
PoliticsForeign Policythe invitation issued by Greek Foreign Minister Nikos Kotzias. Whether the gathering was enough to lead... elsewhere. For instance, on April 21 two military helicopters from FYROM violated Greek air space... overflights without permission from Greek authorities. Kotzias is also thought to have complained about
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