Search
-
Eurobank reports loss of 186.6 mln in Q3
EconomyBankingin Q2. This quarter’s results incorporate a one-off positive impact of 168.1 million fully attributed... (NIM) improved by 4 basis points (bps) QoQ to 2.04 percent mainly stemming from the Greek.... Cost to income ratio improved to 54.3 percent for the group and to 55.1 percent for the Greek
4% -
Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBanking(excluding trading income and one-off costs) rose 11 percent quarter on quarter (QoQ) and 37 percent... is fully attributed to Greek operations and mainly stem from higher deposit NII reflecting a further... deriving from the rationalisation of the Greek headcount and footprint. In particular, the number
4% -
Tsipras remains sketchy on coalition options, negotiating positions
PoliticsGreek Politics, that the European Central Bank would not cut off Greek lenders from cheap financing if Greece... in an interview with Sunday’s Kathimerini as Greek banks would have to borrow under the more expensive Emergency Liquidity Assistance (ELA) scheme. “Today Greek banks refinance their loans from the Eurosystem
4% -
The bad hand being dealt to Greece's next government
Agoradeclared: “Greece is back.” It was not the first time the Greek premier argued that the country had...” comment, the same prime minister is arguing that his country “is very close to take-off but very... for the talks being inconclusive. When Greek officials met with troika representatives in Paris
4% -
Where next for Greece's troubled privatisation programme under SYRIZA?
EconomyGreek privatisations are expected to be one of the subjects discussed at Monday’s Eurogroup... from privatisations are earmarked for paying off Greece’s debt and play a key role... Greek Finance Minister Yanis Varoufakis sent to Eurogroup on February 23, Greece committed
4% -
Tsipras goes to Brussels with opposition's backing, parameters of agreement
PoliticsGreek Politicsdemand included in the leaders’ statement appears to take the pressure off the Greek prime minister... seeking the “start of a meaningful discussion” on making Greek debt sustainable. This sets the bar... Fund’s assertion that Greek debt is now unsustainable in even the best-case scenario
4% -
Some snags remain in discussion with lenders over new privatisation scheme
EconomyProgrammefor there to be an agreement on a new 3-year bailout programme. Following the meeting, the Greek Finance Minister Euclid... but that there was not any material disagreement. According to the Euro Summit statement of July 12, “valuable Greek... years to significant delays in the sell-off process. However, a new issue that would arise relates
4% -
Loose ends to tie up on prior actions as lenders head back to Athens
PoliticsGreek Politics’ first task will be to check how much progress the Greek government has made in completing the 49 prior... to take place at the end of November, or even December. The Greek government is also expected to table..., and to publicly call for Greek debt relief. Hollande is due to become one of the few international leaders
4% -
Home foreclosures and refugee crisis top agenda in Greece-EU talks
PoliticsForeign Policy, which extends to households that are considered well-off by Greek standards. Tsipras also used.... This is an extremely sensitive political issue as the SYRIZA-led government would be the first Greek... as finding places for 50,000 refugees to live while they await reallocation. Tsipras also stressed the Greek
4% -
The enemy within
Agora. However, Kyritsis then added his opinion that those who backed the Yes vote were generally better off... dividing lines in Greek society, with the unemployed and young people much more likely to vote... to believe that it can regain its working class stripes by highlighting the cleavages in Greek society
4%