Search
-
Top SYRIZA officials hint at path to compromise with eurozone
PoliticsGreek Politicsservicing costs, rather than a reduction in the principal. Giorgos Stathakis, who is likely to take up... that would allow Greek interest payments to drop from 4.3 percent at the moment to between 2 and 2.5
6% -
Greek market jitters evident as investors dump shares and bonds
EconomyThe Greek stock market remained deep in the red for the third straight session on Wednesday, tumbling by 9.24 percent. Wednesday’s performance follows a sharp drop of more than 3 percent in each.... This means it has racked up cumulative losses of almost 44 percent this week. Investors are particularly
6% -
Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyof Greece (BoG). The MoM drop is the highest since June 2012 and reflects extended outflows of 4.2... the gradual lack of renewal of interbank repos up to 9 billion euros.
6% -
Prospect of eurozone deal calms nerves on stock, bond markets
EconomyOrganisation (OTE) and OPAP posted double-digit gains, +14.9 and +14.1 percent respectively. Following a drop... with the turnover rising to 219 million well above the average of 171 million last week. Bank shares made up more
6% -
Greek trade deficit widens by 26.9 pct in December
EconomyMacroeconomyin 2013. The evolution throughout 2014 reflects moderate rise in imports (up 1.8 percent) to 47.71 billion and a similar drop in exports (down 1.4 percent) to 27.18 billion. Note though that excluding oil
6% -
Relief at Greek extension approval evident in Athens bourse, bond yields
Economyalso issued a positive statement extending the gains recorded up to that point. The General Index... where there was a sharp drop of the Greek government bond (GGB) yields particularly in the short
6% -
Industrial production index inches upward in Jan following largely negative trend
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) marginally rose by 0.1 percent in January after a downward revised 3.2 percent drop in December, according to the Hellenic Statistical Authority (ELSTAT... only marginal (up to 0.2 percent). The evolution of the four sub-indices in January showed mixed
6% -
Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
EconomyBankinggeneral expenses (up 17.9 percent). However, due to a sharp drop in extraordinary expenses Q4 total
6% -
Monthly credit flow turns positive in Feb for first time since June 2012
EconomyMacroeconomyin January. The rate of drop in loans to individuals & private non-profit institutions remained... edged up to 34.2 percent at the end of September. Despite a stabilisation in the last quarter of 2014
6% -
Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
Societya percentage point to 9.3 in 2013 due to an 11.1 percent drop in overall employment. When teachers and health..., up from 26.4 six years previously. That put Greece behind the EU average for employment in called
6%