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  1. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    to 622 million, slightly above the 611 million target. One of the first interventions announced... stands at 9 billion. The government aims to collect one-third of the effective overdue taxes

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  2. Strong resistance within SYRIZA leaves Tsipras with tough juggling act
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    the party's mainstream but four were won by the Left Platform and one by SYRIZA's Communist faction... - the friction within the party will grow. The one factor going in Tsipras's favour at the moment

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  3. Rifts in New Democracy as Samaras vows to stay as leader

    PoliticsGreek Politics

    challenge following her failed attempt in 2009, when she was beaten by Samaras. One of the interesting... did not come from a specific camp within the party, such as the one still loyal to former Prime

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  4. Greece sees lower primary surplus at 0.3 pct for 2014, fiscal challenges remain

    EconomyProgramme

    (table 3.4), with one amendment on the privatisation revenues of around 300 million. However... to the EAP methodology: The three adjustments also noted in the press release plus another one worth 663

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  5. Greece: The moment of truth is inexorably approaching

    Agora

    Greeks is based on at least two commonalities: a narrative of resentment against one enemy (the troika and its domestic servants) and one solution (end of austerity by not recognizing the bailout

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  6. Alpha Bank net losses rise to 440mln in Q4 2014, NPL ratio at 33 pct
    Photo by MacroPolis

    EconomyBanking

    income (PPI) - excluding trading income and one-off expenses – fell 10.8 percent QoQ to 251.6 million... million the reported figure landed at 1.65 billion. In Q3, the bank booked a one-off cost of 195 million

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  7. After paying IMF, Greece looks to cover remaining funding needs for March and April

    EconomyProgramme

    until mid-April. One of the options for covering the internal obligations such as the payment... for such an extreme measure. One of the key existing solutions involves the use of pension

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  8. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    National Bank (NBG) posted a net loss of 1.11 billion in the fourth quarter (Q4) of 2014 from profit of 30 million in Q3. The Q4 bottom-line results were burdened by one-off items of 1.09 billion... the negative impact from the 1.1 billion one-offs and to a lesser extent the revaluation of its available

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  9. Why Greece is asking for 1.2 bln back from the EFSF

    Agora

    over this period, with the bulk of them collected as of 2012. This mainly relates to: a) A one-off... crisis” voted last week, the state received: a) The one-off presubscription fee of 555.6 million which

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  10. Tsipras heads for Russia with specific aims, including halting speculation
    Photo by neiljs via Flickr https://flic.kr/p/5ZHNPu

    PoliticsForeign Policy

    embargo on Greek agricultural products as Greece is one of the countries suffering economically..., then Athens’s choice to make Russia a strategic partner seems absolutely logical. There is, however, one

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