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Tsipras makes his point in Moscow but leaves with nothing tangible
PoliticsGreek Politics, although he was careful to balance this by stressing that Moscow and Kiev had to abide by the recent Minsk agreement. The Greek prime minister seems to have struck a good enough balance in his comments
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Leaving Greece's annus horribilis behind
Agorasolutions to the central liability problem on banks’ balance sheets, namely non-performing loans (NPLs... quality of Greece’s major banks’ portfolios remains shaky at best. Credit risks on lenders’ balance
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economyhaving to clean up their balance sheets from the huge stock of non-performing loans estimated at 46... to economic recovery, inflation and improvement in the primary balance. The latter is seen at 0.4
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Honey, I shrunk the Greeks vol. 2
Agora. The four criteria for “exceptional access” are: The member country is facing exceptional balance... assets on banks’ balance sheets, would need to be risk adjusted and this would enforce additional
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Primary cash surplus of 386 mln in Jan from deficit last year
EconomyMacroeconomyGreece’s central government primary cash balance displayed a surplus of 386 million euros in January from deficit of 149 million last year, Bank of Greece (BoG) figures showed on Wednesday. A similar pattern was also evident in the net balance of the central government, which posted a surplus
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Current account deficit jumps to 742 mln in January
EconomyMacroeconomyin the C/A balance by 461 million euros year on year (YoY) largely reflects a sharp drop... income balance turned to a deficit of 6.6 million from a surplus of 79.7 million last year
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Factionalism rears its head in build-up to SYRIZA's congress
PoliticsGreek Politicsbut he faces a delicate task in trying to keep the balance between the other groupings. Given his... the fine internal balance within SYRIZA, his premiership could end up being at risk.
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeaturesthis change are likely to be temporary, and certainly not enough to make a difference to the balance... not appear to have had a positive impact on the balance sheets of steel companies. Another, more
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Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomyto 4.75 billion year to date. In addition, the Public Investment Budget (PIB) balance recorded a deficit of 450 million euros in August, which led the 8-month balance turning to a deficit of 74 million
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After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammesector balance sheets c) notable structural obstacles to investment and growth d) unsustainable debt... stresses that a rapid clean up of banks’ balance sheets should be implemented by endorsing debt
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