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Second review to resume in Athens under severe time pressure
EconomyProgramme-offs, while VAT debt will be excluded from any write-off. There are also several other key actions
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Obama ends with big picture amid dwindling hope
Agoramore weight. Maybe on this occasion the EU will take off its blinkers and see the bigger picture
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankingEurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016 from 46.2 million in the previous quarter. Q3 bottom-line results include a one-off gain of 55 million from the disposal of its insurance unit, Eurolife ERB. Core pre-provision profit (PPI) improved
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Greece, lenders inch forward after talks on settlement of tax and bank debt
EconomyProgrammebe written-off. According to Economy Ministry sources, one or two meetings of the technical delegations may
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Talks on bailout review head for crucial weekend
EconomyProgramme. The key differences relate to the type of taxes that would be written-off as well as the magnitude
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Greece worst-performer in EU 28 for social justice
SocietyGreeks employed in 2015, the lowest rate in the 28-country sample, Greece falls “dauntingly far off
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Tsipras and Mitsotakis speak to their MPs but address wider audience
PoliticsGreek Politicsemploy more on the upswing and you lay off more in the downswing; the average level of employment
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NBG turns profitable in Q3, NPE stock drops further by 1 billion
EconomyBankingNational Bank of Greece (NBG) turned profitable again in the third quarter (Q3) of 2016 with a positive bottom-line result of 16 million from losses of 3.06 billion in Q2, which fully reflected a one-off loss of 3.1 billion related to the recycling of Finansbank’s losses that were previously
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Contrasting views on Cyprus breakdown; Greek role under scrutiny
PoliticsForeign Policythey left off. Turkish Cypriot leader Mustafa Akinci on Tuesday blamed the Greek Cypriot side
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EU officials see Greek deal close, broad debt talks to follow
PoliticsGreek Politicsis let off the hook of the growth and stability pact,” he added. It should be noted, though
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