Search
-
Eurobank reports loss of 186.6 mln in Q3
EconomyBankingEurobank reported a net loss of 186.6 million euros in the third quarter (Q3) from 301.1 million in Q2. This quarter’s results incorporate a one-off positive impact of 168.1 million fully attributed to the recognition of additional deferred tax asset (DTA), which was mitigated by a broadly similar
3% -
Developments in Greece produce volatile market reaction
EconomyThe Greek stock market plunged 5.38 percent on Friday in the aftermath of the Eurogroup’s indication that it would support a precautionary credit line for Greece in the form of an Enhanced Conditions Credit Line (ECCL). As a result, the Athens Stocks Exchange (ASE) general index lost in just one
3% -
Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomyyear on year (YoY) and 0.9 percent MoM. From the 12 main groups of goods and services, only one
3% -
Rate of drop in building activity increases to 19.9 pct in August
EconomyMacroeconomypercent. Building activity is one of the sectors mostly hit by the crisis with building permits slumping
3% -
Among euro area SMEs, Greeks face most problems with access to finance
EconomyAlmost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance” as the most pressing problem, according to an ECB survey on this subject conducted between April – September 2014. The Greek SME rate (32 percent) is by far the highest in the eurozone, followed by Ireland
3% -
SYRIZA shows keener interest in foreign policy as possible elections near
PoliticsForeign Policyin a speech to party MPs. "The continuation of the state is one thing, the continuation
3% -
Greek jobless rate dips below 26 pct in August for first time in two years
Economy) in 2014 and to 25 percent (from 24 percent) in 2015. One month ago, in its World Economic Outlook report
3% -
Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomythe repayment of Alpha and Piraeus banks’ preference shares in the first half of the year. Excluding this one
3% -
Stalled troika talks stretching Greek coalition cohesion to limits
PoliticsGreek Politicsbailout exit strategy coupled with the prospect of early elections is causing both parties to have one
3% -
Uncertainty feeding tension within SYRIZA as well as Greek government
PoliticsGreek Politics. Mitropoulos’s comment caused a stir within SYRIZA and even led to one MP suggesting that he should
3%