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Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
EconomyThe Greek stock market headed north for the second straight week rising by 2.6 percent from 1.5... discussions with Greek ministers on Monday. The government spokeswoman Olga Gerovasili... level since March 16. Although Greek stocks jumped 11.7 percent in March, their year to date losses
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S&P highlights risks for Greek banking sector
EconomyGreek banks still face higher economic risks than most banking sectors globally, while the country... during the crisis weigh on Greek banks’ financial profiles. The rating agency estimates banks’ non... at least for the next two years, meaning that Greek banks would only return to profitability after
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Tsipras and Erdogan seek ways to overcome Greek-Turkish tension
PoliticsForeign Policy, which have been tested by recent events. The frequent violations of Greek air space by Turkish jets... to use as “a roadmap” for Greek–Turkish relations the Izmir Agenda that has been adopted during... of representatives of all parliamentary political parties) is due to convene at the same time at Greek Foreign
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Uncomfortable parallels: The Greek and British referendums
Agoranegatives of the “No” vote (which was certainly true of the mainstream Greek media) and not doing... that it has been far from that. One of the other similarities between the Greek and British referendums... between the British and Greek referendums, it is that this practice of allowing division, animosity
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Minor changes in Greek deposit and lending interest rates in May
EconomyMacroeconomyGreek households’ new time deposit rate slightly eased for the fifth straight month in May, when..., Greek corporate lending rates broadly remain 250-300 bps above the eurozone average figures... spread of the Greek banking market edging up by 1 bp to 4.41 percent in May.
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Greek stocks fall 1.4 pct during week as trading volumes plummet
EconomyThe Greek equity market slipped 1.4 percent in the first week of July mainly due to a negative...’s negative performance extending the post-Brexit losses to 13 percent. Greek bank stocks followed... sessions ending the week slightly up by 0.6 percent. Since the UK referendum, Greek bank shares have
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S&P raises core Greek banks’ ratings, with a stable outlook
EconomyStandard & Poor’s raised on Tuesday evening the four core Greek banks’ ratings to ‘CCC+/C’ from ‘SD... that the Greek economy and population have largely adjusted to this limit increasing their use of electronic payments. S&P reiterates that Greek banks’ financial profiles remain fragile amid a weak economic
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Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows
Economyof VTTL landed at 14.1 percent in 2014, marking its first decrease since 2011. The Greek ratio fell from... that the percentage point change in the Greek VAT gap is the biggest drop among all EU member states during 2014. In absolute numbers, Greek VAT revenues edged up by 0.7 percent to 12.68 billion euros in 2014
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Greek stocks drop 2.6 pct over week, banks drop 7.4 pct after big gains last week
EconomyThe Greek equity market mostly traded on negative grounds with subdued volumes this week, ending... Exchange landed at 566.80 points on Friday. Since the end of August, Greek shares have fallen by 1.9... for Greek banks by 4.4 billion to 52.8 billion until September 21. Folli-Follie releases its H1 results
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Greek SMEs continue to have bleak view of their future
Societysuggest the Greek economy has entered a period of stabilisation (a reduction in unemployment... package of recessionary measures … has intensified the abnormal heartbeat of the Greek economy... for 99.6 percent of all Greek businesses.
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