Search
-
Newsletter 131 - 8/9/2017
on prior actions The arrival of French President Emmanuel Macron in Athens on Thursday allowed.... The Greek government hopes that Macron can be an agent for change within the euro area and supports his... successful Greek businesses and meeting with young entrepreneurs, while talking up his government’s
17% -
Recent steady rise in refugee arrivals pose extra challenge for Greece
PoliticsForeign Policyimmediate challenge for the Greek government is to improve conditions at camps on the mainland... cut off from assistance and the relocation process. Conditions at these camps, many of which...The Greek government labelled as “unsubstantiated” claims that it is about to accept refugees from
17% -
Greek-Turkish rift puts strain on Cyprus reunification talks
PoliticsForeign PolicyThe heightened tension between Athens and Ankara, after the Greek Supreme Court rejected... for cooperation, not only between the Turkish-Cypriots and the Greek-Cypriots, but also between Greece... are concerned that the Greek and Turkish agendas will now determine the future of talks and the island
17% -
Forum showcases closer Greek-German trade relations, with diplomatic overtones
PoliticsGreek Politics, on the condition that Turkey reverses its policy of sending refugees to the Greek border. Meanwhile... of European efforts to address the crisis on the Greek-Turkish border. The scheduled part of Mitsotakis’s visit centred on a Greek-German investment forum organised by the Hellenic-German Chamber of Commerce
17% -
Greek economy surprises in Q3, eases by a marginal 0.5 pct
EconomyMacroeconomyThe Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.5... bailout programme for Greece in mid August, the institutions projected Greek GDP to contract by 2.3... scenario of Greek banks’ recent stress test conducted by the ECB. In the 2016 draft budget tabled
17% -
FM explains verbal clash in Ankara but broader strategy remains unclear
PoliticsForeign Policyof going off-script from a “positive” message they had agreed upon during the closed-door talks and making “extremely unacceptable accusations” to appeal to Greek public opinion once he was in front... ministers added nothing new regarding the disputes between the two sides. The Greek foreign minister
17% -
Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomythe target by around 267 million euros. On a monthly basis, the primary balance came to a deficit... 5.42 billion euros, off target by 922 million euros. The MoF noted that the shortfall was mainly... billion euros. The negative balance in the aggregate period was off target by 406 million euros
16% -
After Q3 results, what next for Greek banks?
Agorawritten-off. The weighted-average Greek NPL ratio of the top four banks stood at 32.1 percent...The announcement of Greek banks’ third quarter (Q3) results did not result in any major surprises... of the foreclosures ban. Following a successful recapitalisation last June, Greek banks again
16% -
Football chairman's actions threaten to blow coalition off course again
PoliticsGreek Politicsimplications, which emanated from a rather unlikely source: Greek football. The local game has long been... a refereeing decision has put the coalition in a tight spot. Russian-Greek businessman Savvidis reacted... intervention led to the game being called off by the referee, even though the match official later changed
16% -
Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgrammebookbuilding process of Greek banks’ equity offering to institutional investors, which is a key condition... of housing loans in the Greek market stands at 1.2 million, of which 30 percent or 400,000... on it on Thursday. During a press conference held later on Tuesday, Greek Finance Minister Euclid Tsakalotos
16%