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  1. Tsipras, against all odds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    the creation of a solidarity fund (financed by part of any extra primary surplus) to help the worst off... who believe that after a 1- or 2-year-period of hardship, Greece would be better off with its own

    2%

  2. Athens hopes for timely boost from visits by EU officials
    Photo via @JunckerEU

    PoliticsGreek Politics

    that the lenders are keen to ensure that the Greek government does not slack off after completing... to take a decision on Tuesday. Government officials said that the strike was called off after the workers

    2%

  3. Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    The Greek equity market tumbled 13.4 percent on Friday as the result of the UK referendum triggered risk-off trades in the global markets. Investors’ reaction on Friday ended a four-day rally... almost since the opening. The sell-off erased earlier gains of almost 17 percent in the preceding

    2%

  4. HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls

    EconomyBanking

    of 9.33 billion, a one-off expense of 555.9 million and impairment from banks under liquidation... (CoCos), while a gain of 1.27 billion was recorded from warrants’ revaluation. The one-off expense

    2%

  5. Justice can't be blind to facts in 2009 deficit case

    Agora

    that the country’s public finances were off track and defined the magnitude of the fiscal adjustment... 2009, the budget’s unrealistic projections were exposed. The budget deficit was already way off track

    2%

  6. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank turned net losses of 37 million euros in the first quarter (Q1) of 2016 to profits of 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa Europe from Visa Inc. Excluding this one-off item, recurring pre-provision income (PPI) improved by 8

    2%

  7. Alpha Bank reports net losses of 16.8 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Alpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from... aims to pay off the current amount by the end of the year subject to maturities and deposit inflows

    2%

  8. Kammenos eases tension with church, leaving coalition to focus graft attacks
    Photo by MacroPolis

    PoliticsGreek Politics

    is already trying to fend off accusations of corruption from the opposition. The defence minister, who also... being. Given the coalition is trying to fight off corruption allegations, a full-blown row

    2%

  9. Tsipras braces for SYRIZA congress, weighs up reshuffle options
    Photo by MacroPolis

    PoliticsGreek Politics

    , the best that Tsipras can hope for is that the congress will be an opportunity for members to let off... be put off for the time being. Time would probably be lost in having ministers taking over new

    2%

  10. First day of review talks highlights differences as Athens eyes tight schedule
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    be excluded from any write-off, while lenders propose all tax debt should be eligible for write-off

    2%