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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomy. The second involves banks’ capital ratios, which have been boosted by the capital increases of 8.3
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BoG shows lower deposit rates and a sharper drop in loan rates in June
EconomyMacroeconomyΤhe interest rate on households’ new time deposits dropped another 14 basis points (bps) to 2.39 percent in June, according to the Bank of Greece (BoG). In contrast to the first quarter of the year, when this rate remained stable, it posted a 42 bps decline in the second quarter of the year
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Moody's upgrades Greek rating by two notches to Caa1 - here's why
EconomyMoody’s upgraded Greece’s government bond rating by two notches on Friday, raising it to Caa1 from Caa3, where it had been placed on November 29, 2013. The outlook on the rating is stable. This is Greece’s second rating upgrade, following that Fitch’s decision to increase it by one notch on May 23
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Karatzaferis offers to boost New Democracy's right wing with LAOS alliance
PoliticsGreek Politics. Although Karatzaferis quit the coalition in February 2012 after he refused to back the second
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The challenge in Greece: Funding an emerging economic recovery
Agorain the second quarter of 2014. If such a scenario is to be avoided in Greece, there are important
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomypercent but in line with target. The growth rate in July is the highest in 2014 and the second positive
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBanking. NPL formation fell to 158 million euros in Q2, which is the second lowest reading in the past 8
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingNational Bank’s reported net profit reached 1.15 billion euros in the first half (H1) of the year, from 343 million last year. It was the second Greek bank after Alpha, which released Q1 results on August 28. This year’s results include one-off items of 1.04 billion euros largely due
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Paris talks mark start of Greece's most crucial troika review
EconomyProgrammein revenues. The second key tax issue is the proposed cut by 20-30 percent in the excise tax
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Exports resumed a downward trend in July, imports up 10.1 pct
Economyto a decline of 1.4 percent, mainly due to the negative growth rates recorded in the second half
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