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  1. Greece rides the ghost train
    Photo by Heather R via Flickr https://flic.kr/p/2NPyuG

    Agora

    , which is more than the previous government, led by Antonis Samaras, had been negotiating... are certain to have asked for more. So a mixture of poor strategy and false expectations have led Tsipras

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  2. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    ) to lift the waiver for Greek government securities, previously used for ECB funding purposes, led... of the domestic loan book, led to Greek banks’ group NPL edging up by 0.4 pp to 32.6 percent. NBG’s NPL ratio

    7%
  3. Greek ministers prepare Israel visits in bid to further relations
    Photo by fritzmb via Flickr https://flic.kr/p/buYhjU

    PoliticsForeign Policy

    was experiencing political turmoil due to the early parliamentary elections held in March, which finally led... as a state. Some SYRIZA deputies, however, insist that the leftist-led government (not just Parliament

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  4. Newsletter 38 - 07/08/2015

    Newsletters

    such as supermarkets is less severe. Capital controls and bank shutdowns have clearly led to a radical... amounts. Individuals could also apply for a debit or credit card. This led to a sharp rise in the number

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  5. Labour cost fall has not produced jobs, bemoans GSEE in study
    Photo by MacroPolis

    Society

    The significant fall in labour costs since the onset of the crisis has not led to a corresponding fall in prices and a boost in employment and competitiveness, defying conventional theories.... “Moreover, the reductions in wages and unit labour costs has not led to decreases in export prices, either

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  6. If it's stability you're looking for...
    Photo by MacroPolis

    Agora

    relationship between the prime minister and the radical faction of his party that led Greece to a second...-called “53” movement, unofficially led by the mild-mannered Finance Minister Euclid Tsakalotos

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  7. New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls

    EconomyMacroeconomy

    the highest in the eurozone as of July. The downward trend in time deposit rate led the weighted average rate... rates led to a further rise in the average spread of Greek banks by 18 bps to 4.12 percent in August

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  8. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    , particularly after the signing of the third bailout agreement in mid August, led to a reduction in the Central... to corporate loans. Eurobank NII rebounded 1.1 percent QoQ to 377.9 million largely led by lower

    7%
  9. Privatisation chief sees gradual progress but revenues remain unclear

    Economy

    ). For the first project, the consortium led by the German Fraport was declared the preferred bidder... projects were frozen until July on the instructions of the previous SYRIZA-led government. However

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  10. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    at a higher cost by and b) the depreciation of the Turkish lira, which led Turkish NII down 2.2 percent... outflows also led to increased dependence on Eurosystem funding by 4 billion euros to 27.6 billion

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