Search
-
Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingin Greece reflected net profits of 32 million euros, excluding one-time employee costs. Pre-provision income (PPI) fell by 55.1 percent quarter-on-quarter (QoQ) to 65 million. When excluding one-off
4% -
Ministers urged to speed up reforms as Athens prepares for lenders to return
EconomyProgrammeactions. One of the key deliverables that the government is working intensively... convince the creditors that the majority was not a one-off as this would lessen the chances
4% -
Technical talks progress but debt relief, credit line continue to grate
EconomyProgrammethat strategic defaulters are not able to obtain protection. One of the measures being put forward... was one of the key deliverables for the fourth review. This apparent progress is in contrast
4% -
Fiscal issues appear settled as Greece and institutions head for review deal
EconomyProgrammeThere appears to have been a breakthrough in the negotiations between Greece and the institutions regarding fiscal issues, which would remove one of the biggest obstacles towards reaching a staff.... However, he stressed that there would be benefits for Greece if the Fund is on board. “I think one
4% -
Greek Salad (made in Italy)
Agoraof Five Star and Lega can produce a viable government majority without a repeat election (something no-one... immediate implications for markets even before one unpacks a variety of horrors that lurk
4% -
Debt relief talks enter final phase, with June 21 as target for deal
EconomyProgrammesecond opportunity to reach a deal if one was not forthcoming by June 21. The head of the Fund’s... the programme with funding, one of the issues that will then have to be addressed is that, according
4% -
Focus of banking sector commitments shift to NPL reduction, debt restructuring framework
EconomyProgrammeThe safeguarding of financial stability is one of the pillars of Greece’s third programme and the Supplemental Memorandum of Understanding (sMoU) has a section dedicated to the banking sector... on the progress achieved so far. The Greek banks have overcome one major area of uncertainty by completing
4% -
High expectations and landmarks on road to privatisations in 2018
EconomyProgrammeto the boost in private investment - one of the main drivers for growth in the coming years. Proceeds from... participants by June 15. One of the main privatisation projects in Greece, Hellinikon, the old airport
4% -
Macedonia name deal in hands of Tsipras and Zaev
PoliticsForeign Policythat the settlement reached with Skopje was in Greece’s national interest. No one is certain why Greek Foreign..., Heiko Maas. It should be noted that one day before this meeting, the German Foreign Ministry had called
4% -
Newsletter 164 -01/06/2018
a debt restructuring package the eurozone lenders will put together will be, since the Fund has been one... of debtors in this bracket rose by 1,534 to 136,888. Over one fifth of the total debt (21.7 percent
4%