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  1. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
    Photo by MacroPolis

    EconomyBanking

    National Bank (NBG) released its third-quarter (Q3) financial results on Monday, which showed net losses eased to 401 million euros from 1.61 billion in Q2. Bottom-line results reflect almost halving pre-provision income (PPI), a sharp drop in loan provisions and the negative impact from one-offs

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  2. SYRIZA tries to contain impact of ex-minister's grave allegations

    PoliticsGreek Politics

    in one form or another.

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  3. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    revenues stood at just 40 million. In the corresponding period last year, PIB revenues were one-tenth

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  4. Coalition hopes for respite from ex-minister's claims as probes launched

    PoliticsGreek Politics

    minister adequately from one of the most potentially damaging allegations made by Panousis, which

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  5. Greek stocks on slide for third straight week

    Economy

    The Greek stock market headed south for the third straight week, shedding 3.7 percent mainly due to a strong underperformance from banks, while volumes were subdued. The Eurogroup on Monday took stock of the progress made in the discussions of Greek authorities with institutions and gave a one week

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  6. Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015
    Photo by MacroPolis

    Economy

    Fitch affirmed on Friday evening Greece’s rating at ‘CCC’, where it had been upgraded by one notch on August 18. The rating agency highlights that the risks to the programme remain high and completion of the first review is unlikely before January. In addition, Fitch stresses that the political

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  7. A third of young Greeks would consider emigrating to escape economic problems
    Photo by Harry van Versendaal

    Society

    the means to pay them. Over three in four Greeks (78 percent) were late paying least one bill late

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  8. Deal with lenders buys coalition more time but not internal calm

    PoliticsGreek Politics

    is only certain of protecting one in four mortgage holders and runs contrary to SYRIZA’s election

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  9. MP's departure ahead of multi-bill vote highlights pressure on coalition
    Photo by MacroPolis

    PoliticsGreek Politics

    for Tsipras. Another concern for the prime minister is the Sakellaridis incident will not be a one-man

    4%

  10. Warning signs for coalition after majority trimmed in multi-bill vote

    PoliticsGreek Politics

    The government passed the latest multi-bill needed for another 12 billion euros in bailout loans and bank recapitalisation funds through Parliament on Thursday night but at a considerable cost. Two MPs, one from each of the governing parties, failed to back the legislation and were ousted from

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