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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingNational Bank (NBG) posted a net loss of 1.11 billion in the fourth quarter (Q4) of 2014 from profit of 30 million in Q3. The Q4 bottom-line results were burdened by one-off items of 1.09 billion... the negative impact from the 1.1 billion one-offs and to a lesser extent the revaluation of its available
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Why Greece is asking for 1.2 bln back from the EFSF
Agoraover this period, with the bulk of them collected as of 2012. This mainly relates to: a) A one-off... crisis” voted last week, the state received: a) The one-off presubscription fee of 555.6 million which
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Sowing the seeds of anomie in Greece
Agoraargument for a government that claims one its biggest strengths is that it is not compromised... to understand why he did not receive more severe punishment than a one-year suspended sentence. An average
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgramme, one day after the T-Bill auction. A meeting between Greek Finance Minister Yanis Varoufakis and IMF... the “humanitarian crisis,” the state received 555.6 million euros related to one-off fees paid by the Greek
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Tsipras heads for Russia with specific aims, including halting speculation
PoliticsForeign Policyembargo on Greek agricultural products as Greece is one of the countries suffering economically..., then Athens’s choice to make Russia a strategic partner seems absolutely logical. There is, however, one
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This is where Greek gov't could find cash to cover May's obligations
EconomyProgramme. One day before the second IMF payment, the Eurogroup is scheduled to convene. This would... other gg bodies has also been utilised by this government and the previous one for repos
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New unpaid taxes rising steadily, reach 3.5 bln in Q1
EconomyMacroeconomyagainst the legacy tax arrears in Q1 corresponds to more than one-third of the annual target of 1.7... million. The regular process for tax settlement, which runs until May, started one week ago. According
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Greek pensions: The thorniest issue in talks between Athens and lenders
EconomyProgrammeAs Greece and its lenders make a new push to conclude negotiations that could secure more bailout funding, it is certain that the country’s pension system will prove one of biggest obstacles... pensions. This means the average main pension is 713 euros, while the supplementary one reaches 169
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Greek children lead way in languages at primary school level
Societyas being good or very good. Moreover, Greece recorded one of the lowest differences – less than two... with Romania and Bulgaria, it has a rate of less than 3%. Finland, where roughly one out of four young people
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Tsipras upbeat about funding deal but also mulls referendum in case of impasse
PoliticsGreek Politics, indicating that a number of deals in the pipeline, such as the one involving the Piraeus Port... was one of the key promises made by SYRIZA. Tsipras said that if events progress positively over
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