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How Greece's political system failed to safeguard the largest investment in the country's history
AgoraOn Friday September 23, the Hellenic Financial Stability Fund (HFSF) published its interim financial statements for the first quarter of 2016. As usual, the results failed to make many people sit up and take notice. HFSF was founded in July 2010, shortly after Greece signed its first bailout
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Greek stocks rebound 2.1 pct, banks climb 5.7 pct
Economyon October 10, while OPAP share trades ex-interim dividend of 0.12 euros per share on October 13.
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PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4. The report highlights that 2017 budget is expected to have a short-term recessionary impact on the economy, since expenditure cuts
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Newsletter 93 - 21/10/2016
and tax-centric austerity of the 2017 draft budget were highlighted in an interim report published
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Parliament's budget office sees obstacles to recovery, warns on private debt
EconomyMacroeconomyin its interim report published on October 19 that showed the 2017 draft budget is expected to have
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Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
EconomyMacroeconomyto the revision of the interim targets, the comparison of October figures against the new monthly targets
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HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) recorded net losses of 1.14 billion in the first half of 2016 from 4.15 billion in the corresponding period last year, according to the interim financial report published on Wednesday This year’s bottom line result was weighed by valuation losses of 1.05
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CPI falls at faster pace of 0.9 pct in November
EconomyMacroeconomyin clothing and footwear prices by 11.1 percent. This mostly reflects the interim sales season in the first
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Greek stocks climb 4.3 pct on week, banks’ strong performance continues
Economy-interim dividend of 0.20 euros per share on December 12. No major corporate developments are foreseen
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Bank of Greece sees potential for recovery, urges calm in negotiations
EconomyMacroeconomyIn its interim Monetary Policy Report published on Friday, the Bank of Greece (BoG) called for a swift conclusion to the second programme review and implementation of reforms and privatisations. Following the better-than-expected GDP outcome in the 9-month period, BoG upgraded its macro estimates
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