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  1. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9

    14%

  2. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    : 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015

    13%

  3. They have a name for it
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    in a nationalist fervour, with huge demonstrations and a 19-month trade embargo against the newly founded State. It only lifted the embargo when its neighbouring state changed its first flag. Greece and FYR

    12%

  4. Athens moves on after Berlin Conference absence, seeks more active role in Libya developments
    Photo via www.mfa.gr

    PoliticsForeign Policy

    In Greece’s absence, the Berlin Conference ended on Sunday with an agreement among all the participants to respect a much-violated arms embargo, to hold off on military support to the warring parties... arms embargo it was tasked with protecting. “There’s an agreement in the Council in order to revive

    11%

  5. Athens goes along with EU over Libya, waits for Turkey's move at UN

    PoliticsForeign Policy

    the deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... that this operation will have as a goal the implementation of the arms embargo imposed by the United Nations

    10%

  6. Govt counts cost of own energy package as hopes of coordinated EU response fade
    Photo via https://flic.kr/p/2jr5z2o

    PoliticsGreek Politics

    an immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter..., are in favour of a staged oil embargo. Political pressure The government is sticking to the narrative

    9%

  7. Eurobank gears up for crucial but contentious capital increase

    EconomyBanking

    , the upcoming negative impact of Basel III guidelines on the banks’ capital base also need to be considered... to PSI. According to the Basel III rules, these preference shares are fully eligible as CT1 capital until 2017. Thus, the bank’s Basel III fully-loaded pro-forma CT1 of 10.6 would ease by 2.5

    8%

  8. National Bank follows other Greek lenders' by opting for capital increase
    Photo by MacroPolis

    EconomyBanking

    and b) Enhance its capital base in light of the negative impact arising from the Basel II fully... Basel III rules until 2017. NBG said the combined capital enhancement of 3.54 billion.... Nevertheless, the respective pro-forma Basel III fully loaded Common Equity Tier 1 ratio would land

    8%

  9. Athens blocks EU statement on China amid growing economic ties
    Photo by Andrea Bonetti/Fosphotos

    PoliticsForeign Policy

    criticise China’s human rights record. The European Union tables such a statement at the United Nations... for the latest version of the text to be submitted to the Human Rights Council in Geneva. Amnesty... that this statement could have undermined the imminent bilateral Council of Human Rights between the EU

    8%

  10. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    estimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially

    8%