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  1. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related... associated with pillar II bonds. The bank’s non-core income though, despite a one-off gain of 35

    54%

  2. Tsipras sets off for USA as prior actions, e-auctions dominate at home
    By Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras chaired a meeting with key ministers on Friday to assess the progress the government is making in completing the 95 prior actions that have to be ticked off this year. The meeting was held a few hours before the Greek leader set off for his official visit to the USA

    54%

  3. Tsipras fends off election rumours, Mitsotakis talks up moderate qualities
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    officials it is thought, who prefer for the vote to be put off until next year so that the economy has more... tried to shrug off claims that he had allowed the right wing of his party to steer New Democracy

    54%

  4. Mitsotakis brushes off latest strike, opposition sides with protesters
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government shrugged off Wednesday’s strike – the second in as many weeks – as the action of a small group of unionists rather than a larger protest against its proposed labour reforms. Although... of the diaspora vote would go towards New Democracy, killing off any chance that the leftists would

    54%

  5. MEP takes comfortable lead over former PM in advance of KINAL leadership run-off
    Photo via https://kinimaallagis.gr/

    PoliticsGreek Politics

    , faces former PM George Panandreou in the run-off on Sunday. The MEP gained 99,120 votes in the first... Androulakis as the favourite to win Sunday’s run-off by 16 points. An estimated 56.5 pct

    54%

  6. Dendias's Libya tangle cuts off Athens-Tripoli communication
    Photo by Finnish Presidency of EU

    PoliticsForeign Policy

    Ministry issued a strong statement underlining that “the Greek minister refused to get off his plane... been closed off, especially following the decision of Libya’s Foreign Ministry to recall its

    54%

  7. Mitsotakis shrugs off scandals to hit back at foreign policy critics
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    In his parting shot just before the summer recess, PM Kyriakos Mitsotakis turned fire on his predecessors’ foreign policy record, while brushing off the accusations of corruption that have engulfed... by backing off offshore projects, the most emblematic of which is the Greece-Cyprus interconnector

    54%

  8. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    pensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since

    51%

  9. HCAP and Finance Ministry reveal five-year strategic plan for public assets

    EconomyFeatures

    the control of HCAP, which include power firm PPC, water company EYDAP and public transport organisation OASA... and opportunities, with long-term and short-term goals for each company. Regarding OASA, for example, HCAP

    51%

  10. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    one-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent

    50%