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SYRIZA seems to be mulling a switch in Greece's energy policy
PoliticsForeign Policywith Moscow and which has now been frozen due to Turkey having second thoughts. The new SYRIZA government
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Athens seeks enhanced regional role via international religious conference
PoliticsGreek Politicsrelations with most of its neighboring countries. The second aim is to contribute to the creation
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Loose ends to tie up on prior actions as lenders head back to Athens
PoliticsGreek Politicsof the week, is to put in motion the preparations for the second batch of prior actions, which
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Piraeus Q3 trading update shows significant acceleration in NPL formation
EconomyBankingFollowing a more detailed trading update for the second quarter (Q2) published last week, Piraeus Bank released on Monday a condensed trading update for Q3 outlining the evolution of the key balance sheet items. We understand that the trading update was announced in the aftermath of last week’s
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Credit standards for corporate loans tightened again in Q3
EconomyMacroeconomyCredit standards for corporate loans tightened quarter on quarter (QoQ) for the second successive quarter, Bank of Greece (BoG) bank lending survey (BLS) data showed for the third quarter (Q3) of 2015. BoG attributed the increased tightening Greek bank issues related to their liquidity conditions
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Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio
EconomyMacroeconomyIn its second notification on fiscal data, the Hellenic Statistical Authority broadly confirmed the fiscal and debt figures for the 2011 – 2014 period with those disclosed last April. However, due to the downward revision of GDP published on October 13, there is a deviation in the balance and debt
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NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
EconomyBankingFollowing Eurobank and Piraeus, National Bank of Greece (NBG) published on Wednesday its trading update for the second quarter (Q2), providing the evolution of the key P&L and balance sheet items, excluding those related to loan provisions, after tax earnings and capital. Starting from the top-line
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomyAfter rising in the preceding three quarters, Greek household disposable income fell by 1.6 percent in the second quarter (Q2) of 2015, Hellenic Statistical Authority (ELSTAT) data showed on Friday. In Q1, disposable income had grown by 0.8 percent, at a decelerating pace from the 1.8 percent
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Bailout review resumes in Athens but substantial gap remains
PoliticsGreek Politicsof April. The second meeting on Wednesday was between Labour Minister Giorgos Katrougalos
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Tsipras takes big risk by axing public revenues chief Savvaidou
PoliticsGreek Politicsa statement on Thursday after the cabinet's decision to argue her case. It was her second statement
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