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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBanking. The bank’s medium-term target calls for a reduction in the NPL ratio at around 17 percent in 2018. During... percent in the previous quarter. During the conference call, the management appeared optimistic
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgramme. Prime Minister Alexis Tsipras pledged during the relevant parliamentary debate that the government... Power Corporation’s (PPC) general meeting. During the same period, ADMIE should also be unbundled from
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Camp conditions and fragile EU-Turkey agreement risks for Greece in refugee crisis
PoliticsForeign Policyovercrowded, and therefore susceptible to clashes, during the summer and that the European Union’s agreement... includes stadiums used during the 2004 Olympics, would only be used for a few months but has failed
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Paddling with a wooden spoon
Agoraa few months at least and, in Greek crisis terms, that is a lifetime. Never during the course... on the Greek government to sew up a deal before it ran out of cash during the course of June. This time
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Coalition lines up draft legislation with aim of shifting debate and mood
PoliticsGreek PoliticsThe government is hoping Monday will mark the beginning of its attempt to improve its ratings after a difficult few months during its efforts to conclude the programme review. The coalition’s focus... of the package of labour reforms that lenders will demand during the second review in the autumn. To Vima
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The enemy within
Agoraas those who have gravitated towards the leftist grouping during the crisis. Now, SYRIZA appears..., during the 1980s and 1990s, when PASOK and New Democracy were vying for power. The fact
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From Berlin to Brexit
Agorareceived a much more rapturous response from TV audiences during political debates over the last few.... As the resurfacing of stereotypes during the debt crisis, which created a north-south divide, highlighted
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Sallas exit from Piraeus marks end of era in Greek banking sector
EconomyBankingMichalis Sallas, the non-executive chairman of Piraeus Bank, resigned during a Board of Directors (BoD) meeting on Wednesday afternoon, marking the end of an era in the Greek banking sector. Sallas... and ETBA as well as Credit Lyonnais Hellas. Between 2012 and 2013, during the last round of consolidation
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Lew highlights geopolitical dimension of debt relief discussion on visit to Athens
PoliticsGreek Politics, at least for the time being, US Treasury Secretary Jack Lew brought a more encouraging message during his... programme, saying that it had been a “helpful partner” during the bailout. However, the US official
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politicsthe government’s motives and competence during last year’s negotiations. It is an issue that Mitsotakis has returned to repeatedly during his brief leadership of the conservatives. He has been helped
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