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  1. New Democracy and SYRIZA draw battle lines for European elections
    Photo by MacroPolis

    PoliticsGreek Politics

    issues. Not unusually for Greek politics, even a sportsman managed to make it onto the list... to tap into the general disquiet with the political system among Greek voters and to mirror the success... stability and uncertainty. In a less stark version of the euro vs drachma dilemma put to Greek voters

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  2. 21,717,120,000
    Photo by MacroPolis

    Agora

    German coffers since the Greek crisis started in 2010. It corresponds to Germany’s portion... from the euro mess. Four years on, its treasury is actually better off and has been a net... around the Greek crisis and the events in Cyprus through his blog The Prodigal Greek, which earned him

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  3. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    income and one-off expenses – rebounded 17.9 percent QoQ to 294.6 million largely attributed... to 0.94 percent largely stemming from a similar rise in the Greek time deposit spread. Lower NII led... led by Greek operations (-21.1 percent), while general expenses posted a much slower drop by 2.8

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  4. Tsipras and lenders leave themselves with fading chances of salvaging deal
    Photo by MacroPolis

    PoliticsGreek Politics

    request for a conference call on Saturday, putting off any further conversation until Greece has... with criticism of the Greek leader from the G7 meeting on Sunday, suggesting that he had been annoyed by Tsipras’s comments in Parliament. The Greek government, meanwhile, insists that its proposals

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  5. As second bailout comes to an end, Tsipras eyes third amid domestic turmoil
    Photo by MacroPolis

    PoliticsGreek Politics

    The Greek government's topsy-turvy relationship with its lenders may be about to take another turn..., that the proposal for a new bailout would be studied. According to the letter sent by the Greek leader... lenders. This difference in opinion as well the devastating impact of Greek banks being shut has

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  6. Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    After a five-week closure, the Athens Stock Exchange reopened today with Greek stocks tumbling... by the end of June. Banks were severely hit in today’s session with a sell-off at the “limit down” of 30... to the limitations imposed on Greek investors and the summer season, the trading activity was subdued

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  7. Potentially divisive New Democracy leadership race taking shape
    Photo by MacroPolis

    PoliticsGreek Politics

    identity and not be put off by critics accusing it of pandering to nationalists or Golden Dawn supporters..., earned plaudits from some sections of the Greek media for his attempts to reform the public... campaign. Mitsotakis was the first to declare his intention to run and has appeared on Greek media

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  8. Lenders also require health and labour market reforms from gov't in next months

    EconomyProgramme

    of the price of all off-patent drugs to 50 percent and all generics to 32.5 percent of the patent price... prices. Over the next three years, the Greek authorities should also develop additional prescription..., the MoU calls the Greek authorities to take concrete steps by December 2015 and 2016 to increase

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  9. Tsipras identifies debt relief, bank recap and attracting investments as key goals
    Photo by MacroPolis

    PoliticsGreek Politics

    period. The prime minister argued that debt relief holds the key to the Greek economy returning... pay their loans. Investment The Greek prime minister also announced his intention to create a public... of this month. He stressed, though, that not selling off these companies will mean having to find

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  10. NBG boosts capital base by selling total stake in Finansbank
    Photo by MacroPolis

    EconomyBanking

    written-off by NBG. The remaining goodwill of around 450 million will burden NBG’s accounting equity... billion. As a result, NBG would remain the largest Greek banking group in terms of deposits..., which was acquired back in 2006. At that time, size and expansion were the key targets for Greek banks

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