Search
-
Eurogroup highlights tight schedule as differences over debt, fiscal measures brew
EconomyProgrammeThe main message to emerge from Monday’s Eurogroup was that Greece and its lenders are facing a tight schedule if they are to achieve their goal of completing the fourth review and settling the issues of debt relief and post-programme surveillance. With the third review out of the way
2% -
Eurobank net profits decline by 22.5 pct in 2017, NPE reduction beats target
EconomyBanking. In the Greek market in particular, negative NPE formation was noted in all four of the main sectors
2% -
Athens under intense pressure over fourth review reforms
EconomyProgrammeis perhaps the main concern in Athens and among the lenders at the moment. At a press conference
2% -
New centre-left party keeps political options open at inaugural congress
PoliticsGreek Politicsin one of the two main parties getting a clear majority. The position adopted by Movement for Change
2% -
Finance Ministry waits for new property values as talk of bad bank gathers pace
EconomyProgrammereturn to Athens as this is one of the main prior actions that needs to be completed as part
2% -
Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
EconomyMacroeconomyby 21.1 percent and 14.9 percent, respectively. Positive growth was noted in all five main
2% -
Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomyinternational arrivals at the main airports rose by 17 percent in January. This was split between
2% -
Tsipras eyes common ground with centre-left over revision of constitution
PoliticsGreek Politicsundergone three revisions. The last one was in 2008. There has been much talk from all the main
2% -
Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
EconomyMacroeconomyto be the main tool for NPE reduction, coming to 2.1 billion in the quarter and 6.5 billion for 2017. Sales
2% -
Retail sales rise by 0.7 pct in Jan, volume up by 1.5 pct
EconomyMacroeconomyin retail trade was down to rises in several subcategories. Specifically, in the Main Store category, a rise
2%