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The wit and will of men
Agorareason behind the stalemate is less important than the message sent by the failure to settle this matter... than cast aside completely. Apart from the possible hit to the economy, Tsipras would also be left
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Deposit flow turns negative again in April with outflows of 139 mln
EconomyMacroeconomyrespectively, more than offsetting the private sector outflows. Despite the downturn in private sector... billion lower than that in mid-August 2015.
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Lenders provide words of support and warning regarding debt talks
PoliticsGreek Politicsare now a higher priority than debt relief. Former programme countries such as Spain and Ireland... actions and reforms that need to be carried out, rather than the debt relief discussion, may
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingAlpha Bank concluded the release of Greek banks’ first quarter (Q1) results, remaining profitable for the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economy. Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits
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General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
EconomyMacroeconomyand purchases of goods and services rose by 131 and 127 million respectively. More than half (50.6 percent...’s share, while bank support guarantees stood at 3.18 billion. The remaining guarantees of more than
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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomyexposures overdue for more than 90 days (28 billion) and those unlikely to pay (30 billion). According... ‘unlikely to pay’ exposures accounted for 27.6 percent of the total figure. More than 14 percent
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Athens ties up prior actions, IMF hints at programme role
PoliticsGreek Politicsthat the government can pay off more arrears than was initially planned. On Friday, Tsakalotos warned MPs that some of the lenders would prefer the discussion on Thursday to focus on the prior actions rather than
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Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
EconomyMacroeconomyprogramme review, the Central Bank funding has been slashed by 38.79 billion with more than 62 percent.... Nevertheless, they still stand more than 11 billion above the November 2014 figure of 30.14 billion
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Expectations for deal on Thursday rise as Athens tempers own
PoliticsGreek Politicsthe International Monetary Fund than its approval of the Greek programme “in principle.” It will also probably... a stronger and clearer commitment to debt relief than the one on offer last month, the promise
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