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Primary cash surplus reaches 1.05 bln at end of April
EconomyMacroeconomy, according to the Bank of Greece (BoG). Note though that last year’s figure included one-off revenues... by 12.4 percent on a reported basis to 3.42 billion. However, excluding last year’s one-off item
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammewill not be that impressive. The first repatriation law was effective for one year from the summer of 2004. It applied... 38 days agos was initially due to expire on Tuesday but the deadline was extended by one month until
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Athens wary of Skopje unrest but still aims to bolster ties
PoliticsForeign Policyin secret. Athens and Skopje both believe that this move will help the ongoing negotiations one... of the Western Balkans in June and Skopje is one of the capitals he is due to visit. The new
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Back to the technocrats for Tsipras after Riga meeting yields little
PoliticsGreek Politicsthe last few months. One of the obstacles towards a swift conclusion is that a number of key issues... but that the Greek side does not want to scrap one of the brackets. Greece is proposing three rates (7, 14 and 22
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Reopening public broadcaster poses multiple challenges for Tsipras
PoliticsGreek Politicsplatform for the left to attack Samaras. By reopening ERT, Tsipras will be living up to one of the few... are one of the least trusted institutions in Greece and there is little doubt that the government
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Greece sees deal by June 5 but size of gaps tells different story
PoliticsGreek Politicsand the institutions, particularly when one takes into account that there is not yet an agreement on how many... outflow would be unlikely to suffice if a deal is not reached soon or there is concern that if one
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingincome and one-off expenses – rebounded 17.9 percent QoQ to 294.6 million largely attributed... instruments under Alpha’s custody. The management estimates that one-third of those deposits that have
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Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
EconomyMacroeconomyin banknotes and short-term instruments (mainly money market funds), while the remaining one-quarter... billion) and the remaining one-third to ECB funding (38.5 billion) almost entirely comprised by EFSF
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Greek stock market loses 1.8 pct in week of mixed messages, Q1 results
Economy-annual rebalancing. Excluding this one-off impact, the daily trading activity over the last few... attributed to a one-off non-cash item. The domestic stock market will be closed on Monday due to a bank
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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politicsintends to turn his back on an agreement but of one who is unsure about how to seek a deal while... being extended to it. Yet, if one examines the 47-page proposal sent by Athens a few days ago
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