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  1. Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
    Photo by MacroPolis

    EconomyProgramme

    , the impressive fiscal outcome in 2016 is seen as a one-off since it is projected to turn to a deficit of 432

    2%

  2. Primary cash balance records deficit of 404 mln euros in 4-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    , from a surplus of 205 million euros a year ago. This includes a one-off item of around 2 billion

    2%

  3. No certainties for Athens before Eurogroup as lenders try for debt deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that Athens will not pay off the loans it has received from the European Stability Mechanism until 2120

    2%

  4. Debt deal eludes Greece and lenders, June 15 set as final deadline
    Photo via Fosphotos

    PoliticsGreek Politics

    ’s Poul Thomsen and France’s Bruno Le Maire then broke off for their own discussion, which

    2%

  5. Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    -off any further. There are serious doubts whether Athens could get through July without fresh funding

    2%

  6. Lenders provide words of support and warning regarding debt talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in these success stories is policy reform.” Strauch finished off his speech by stressing the needs for Athens

    2%

  7. Bank branches fall in 2016, degree of concentration highest in EU
    Photo by Aggeliki Koronaiou/Fosphotos

    EconomyBanking

    which completely transformed the Greek banking sector. Piraeus kicked off the M&A activity by absorbing

    2%

  8. Banks meet overall NPE reduction target in Q1 2017, largely on write-offs
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek banks continued meeting their non-performing exposure (NPE) reduction target in the first quarter (Q1) of 2017 according to the third quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) on Tuesday afternoon. However, they were slightly off-target for non

    2%

  9. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of improvements in tax compliance and one-off revenues from tax arrears. Going forward, the OECD

    2%

  10. BoG reveals number of indebted borrowers, details business NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    off-balance sheet items, which are included in the figures presented by the BoG’s governor.

    2%