Search
-
Gov't hopes deal with lenders on prior actions will prove politically palatable
PoliticsGreek PoliticsGreece and its lenders have reached an agreement on the details of the 13 prior actions the government will have to pass to trigger the release of another 1 billion euros in bailout funds. There was a compromise between the coalition and the institutions on the most politically sensitive issues
7% -
Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeThe government tabled in Parliament on Saturday evening the multi-bill containing the prior actions demanded by the institutions for the disbursement of the next sub-tranche of 1 billion euros. The draft legislation does not include the privatisation of the electricity transmission company ADMIE
7% -
Deflated SYRIZA shuns broader political cooperation for now
PoliticsGreek Politicsinstalment of 1 billion euros. Given that the talks had concluded and sensitive issues such as pension
7% -
Marked rise in expenditure leads to a budget primary deficit in Nov
Economyfar this year, and stands almost 1 billion above the monthly target. As a result, the year to date
7% -
Unemployment rate fell further to 24 pct in Q3 on seasonally increased employment
EconomyMacroeconomyof ‘long-term’ (more than 1 year) unemployed remained well below the 900,000-mark for the second quarter
7% -
Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economycurrent price stands slightly above (+1 percent) offer price, while Piraeus’ stock is marginally
7% -
Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership
PoliticsGreek Politicsthe cash-strapped party gather more than 1 million euros in funds. However, the failure to publish
7% -
Prior actions completed, coalition now faces up to first review and contentious reforms
PoliticsGreek Politicsto around 1 percent of GDP (1.8 billion euros), as well as changes to the tax system, designed... protested en masse in Athens against these proposals, leading the government into the uncomfortable position
7% -
NBG boosts capital base by selling total stake in Finansbank
EconomyBankingis estimated to boost NBG’s Common Equity Tier 1 (CET1) ratio by around 600 basis points (bps). This solely
7% -
Piraeus port privatisation moves a step closer
EconomyBanking. The agreement, which has been effective from October 1, 2009, involved the management of OLP’s Piers II
7%