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  1. Piraeus Bank posts net loss of 1.56 bln in Q3
    Photo by MacroPolis

    EconomyBanking

    (ATEbank, 3 Cypriot banks’ operations in Greece and Millennium Bank) over the past two years... by 3 percentage points QoQ. Piraeus also disclosed an approximation of its non-performing exposure (NPE

    12%
  2. Regional airports deal represents biggest privatisation yet for Greek government
    Photo by MacroPolis

    Economy

    , the company is expected to post cumulative losses of 100 million in the first 3 years. Fraport..., HRADF has completed 18 privatization projects in the last 3 years with total proceeds of 5.36 billion

    12%
  3. Credit down by 3.2 pct in Oct for lowest contraction since Dec 2011

    EconomyMacroeconomy

    institutions eased 3 percent from 2.9 percent in the preceding 3 months. Balances dropped by 475 million

    12%
  4. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    of 3 billion euros in April and a 3-year note of 1.5 billion in July b) Redemptions of 16.5 billion c) Exchange of 1.67 billion T-Bills via 3- and 5-year bond re-opening in September. The amount

    12%
  5. What are SYRIZA's plans for Greek banks if it comes to power?
    Photo by MacroPolis

    Economy

    also indicated that a SYRIZA-led government would change the top management of the 3 banks... private debt as well as the establishment of the new banks is projected at 3 billion euros

    12%
  6. Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    displayed consumer credit and corporate NPL ratio increased by almost 3 percentage points (pp) from... to obligations to more than one banks, while are also past due for more than 3 years. BoG projects NPL ratio

    12%
  7. Conditions for Greek ECCL reportedly outlined in German document
    Photo by MacroPolis

    EconomyProgramme

    ’ recapitalization. 3) Compliance with Growth and Stability Pact obligations. 4) Improvement in the current account balance. 5) Access to capital markets. Despite the issues of 3- and 5-year bonds until

    12%
  8. Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
    Photo by MacroPolis

    EconomyBanking

    the acquisition of 6 banks (ATEbank, the 3 Cypriot banks’ operations in Greece, Geniki Bank... corresponds to obligations to more than one banks, while are also past due for more than 3 years. The same

    12%
  9. New claim of attempt to bribe MP casts shadow over presidential vote

    PoliticsGreek Politics

    Haikalis up to 3 million euros in order to vote for the presidential candidate, Stavros Dimas... to the government also offered her up to 3 million euros via messages on Facebook. [https

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  10. Papandreou's bid for new role in Greek politics far from simple task

    PoliticsGreek Politics

    of anything more than 3 percent – enough to give him a presence in the next Parliament and thrust him... appears an uphill task. Gaining 3 percent of the vote after just three weeks of existence in the current

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