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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economyin the post-election period exceed 12 percent. Greek banks were hit most today, plummeting by 8 percent...) and Alpha Bank (-9 percent). The other two core banks, NBG and Eurobank recorded losses of 5.7
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Greek pensions laid bare
Agoraunder 9 billion, or 5 percent of GDP, in 2014 The state’s total contribution to the social security... funds lost approximately 12 billion euros as a result of the PSI. At the end of 2014, pension funds
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Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders
PoliticsGreek PoliticsPrime Minister Alexis Tsipras is due to chair a cabinet meeting on Thursday before his government sends a proposal to lenders detailing around 12 billion euros of measures that it hopes will seal... on debt sustainability to create win-win situation — Donald Tusk (@eucopresident) July 9, 2015
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Some snags remain in discussion with lenders over new privatisation scheme
EconomyProgrammebut that there was not any material disagreement. According to the Euro Summit statement of July 12, “valuable Greek... value of its assets. In the last prior actions sent on July 9, the Greek government committed
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Concerns for SYRIZA mount as brief election campaign gets underway
PoliticsGreek Politicsfor parties to submit their credentials to the Supreme Court September 9 – Parties have to name their election candidates September 12 – New Democracy’s Evangelos Meimarakis expected to speak at TIF, also
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Opinion polls indicate fragmentation, close election race
PoliticsGreek Politicspolitical talk shows on late-night TV 9) A clear majority of Greeks were unsatisfied by the SYRIZA... with one other party – It is likely that at least three parties will be needed 12) The vast majority
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These are the bailout deliverables expected from Greece in September
EconomyProgrammeas of September 1 has been signed on August 25. 9) Extend the 2015 claw back ceilings for diagnostics... a greater role for the institutions than in the past. 12) Adopt a roadmap for investment licensing
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Greece receives list of milestones for next bailout sub-tranche
EconomyProgrammefor restricted professions. 9) Interventions in the projects that are co-financed by EU structural... with equivalent results in terms of competition and prospects for investment. 12) Appointment
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Poor conditions in Greece fail to deter refugees from wanting to continue journey
Societyconflict, 10.1 percent to terrorist attacks and 9 percent to beatings by government forces... attended school, 28.8 percent completed at most nine years while 18.1 finished after 12 years
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyof 25.9 percent over this period, the revenue-to-GDP ratio rose by more than 9 percentage points (pp... billion standing 44 percent lower than the 2009 figure of almost 12 billion.
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