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First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politicsdifferent tax scales, one for salary-earners and pensioners and another for self-employed. Currently... and SME bad loan sales by one month until March 15. The first phase of negotiations
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Coalition feels wrath on pensions but not in opposition's interest to push hard
PoliticsGreek Politics, that while anger with the SYRIZA-Independent Greeks government is one of the elements driving... (and therefore assume part of the responsibility for unpopular measures) in one form or the other
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomythe imposition of capital controls, which was one of the key reasons for the deeper recessionary... effect. In its latest report released on January 22, when S&P upgraded Greece’s rating by one notch
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HFSF Q3 report shows 23 bln valuation losses in Greek banks
EconomyBankingperiod. On top of the valuation losses, the negative bottom-line result also incorporates a one-off... was injected (in the form of shares) in NBG and Piraeus in November, corresponding to one quarter
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingSingle Resolution Fund of 30 million and 12 million one-off contribution to the resolution of a cooperative bank. For the whole year, expenses (excluding one-off items) fell below the 1-billion mark
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As Greek leaders mull position on refugee crisis, EC sets out timetable of targets
PoliticsForeign Policyprovide its action plan (required at the latest one month from adoption of the Council recommendations... consulting the Member States' experts involved in the on-site visits in November 2015, at the latest one
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When the refugee crisis met the bailout review
Agorathat, balancing economic figures and fiscal targets one side with human lives on the other... that last year fought all the way to keep Greece in the eurozone – and we were the strictest – can one
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Bailout review to continue in Athens, lenders identify key tasks ahead
EconomyProgrammenoted that one task of the mission is “to determine better where the country stands” acknowledging... if this meant Catholic Easter on March 27 or the Orthodox one on May 1.
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingexpenses also reflecting one-off costs. Pre-provision income (PPI) fell 63.4 percent quarter on quarter... voluntary exit scheme, 35 million to resolution fund’s cost and 19 million to other one-off costs
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Greek stocks rise 2.4 pct, up for fourth straight week
Economyturnover fell to 64 million euros this week from 79 million in the previous week, with just one... by higher operating expenses also including one-off items. Titan reported on Thursday Q4 net loss of 2.4
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