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  1. Greek stocks post weekly rise of 5.6 pct, with banks rebounding strongly

    Economy

    The Greek stock market rebounded 5.6 percent this week with increased volumes after receding... of the second sub-tranche of 1 billion by November 15. Furthermore, Greek Prime Minister Alexis Tsipras said.... Since the beginning of August, when the stock market reopened after the 5-week bank holiday, Greek

    5%

  2. Greek stocks up by 1.3 pct this week on banks’ 12.4 pct rebound

    Economy

    The Greek stock market saw only marginal movement this week except on Thursday when it rebounded... be manageable. Overall, Greek shares edged up for the second straight week but at a slower pace... investor interest and restrictions imposed on Greek investors. Corporate news Piraeus Bank released

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  3. Growing hopes that Greek recession will be milder than expected

    Economy

    The Greek government as well as local banks and economic think-tanks are hopeful that this year’s... surprise, Greek GDP rose by 0.9 percent quarter on quarter (QoQ) and 1.6 percent year on year (YoY... - that the institutions agreed with the Greek government’s estimates for a milder recession of 1.3

    5%

  4. Cabinet act firms up details of CoCos issuance by Greek banks
    Bank of Greece

    Economy

    under the Greek law and granted to the Hellenic Financial Stability Fund (HFSF) and not to private... to the previous cabinet act in November 2012 for the first Greek bank recapitalization process..., though, that due to the final structure and outcome of that recapitalization, Greek banks had

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  5. Greek banks' capital actions underway, state aid seen as low as 4.7 bln
    Photo by MacroPolis

    Economy

    Following the submission of Greek banks’ capital actions to the Single Supervisory Mechanism (SSM... for Piraeus. We present below the current state of play with Greek banks’ capital increases. Alpha... Greek banks are aiming to raise 5.7 billion euros from institutional equity offering. Including

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  6. More than half of Greek households rely mainly on pensions

    Society

    The main source of income for just over half of Greek households is still a pension, while just... and Merchants (GSEVEE), says that pensions account for the main source of income for 51.8 percent of Greek... at less than 10,000 euros. The outlook for 2016 remains similarly negative, with seven in ten Greek

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  7. Greek stocks down by 8.9 pct over week amid concerns of slow review

    Economy

    Greek shares slumped 8.9 percent this week largely on lack of progress in negotiations... Giorgos Katrougalos said that all big pension issues remain open. Lenders seem to have rejected the Greek... required for Greek bank recapitalisation. The Athens Stock Exchange general index landed at 503.88

    5%

  8. Greek stocks reverse recent downward trend with 7.5 pct rise on Monday

    Economy

    Following a decline of 17.8 percent in the preceding two weeks, the Greek stock market soared 7.5... performance shows Greek shares still record huge losses of 22.7 percent, with banks plummeting 46.8... sentiment also resumed in the bond market, with the 3-year Greek government bond (GGB) yield easing by 0.45

    5%

  9. Greek regions perform poorly in social progress index

    Society

    to advanced education and Crete for health and wellness (both 81st). However, most Greek regions find..., for eight of the 13 Greek regions, it was the worst indicator. However, the worst ranking for all... of the index. Indeed, it shows that there is no correlation between GDP and social progress in the Greek

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  10. Greek stocks surge 9 pct, up for third successive week

    Economy

    The Greek equity market headed north for the third straight week soaring by 9 percent on the back... in the institution's talks over the Greek programme review, the heads of missions are expected... posted on February 11, the Greek market has rebounded by 25.4 percent but its year-to-date losses

    5%