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Pension reform a precarious battleground for Tsipras and Mitsotakis
PoliticsGreek Politicsregard it as being even tougher than the one on the table now and closer to what the quadriga of lenders... in power. He also urged the merging of pension funds into three organisations, rather than one
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With bailout review in balance, PASOK's role back in spotlight
PoliticsGreek Politicsscenarios developing about what could happen if the government struggles to close the current review. One... has already ousted one MP, Leonidas Grigorakos, after he suggested that PASOK lawmakers would
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Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomythe imposition of capital controls, which was one of the key reasons for the deeper recessionary... effect. In its latest report released on January 22, when S&P upgraded Greece’s rating by one notch
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HFSF Q3 report shows 23 bln valuation losses in Greek banks
EconomyBankingperiod. On top of the valuation losses, the negative bottom-line result also incorporates a one-off... was injected (in the form of shares) in NBG and Piraeus in November, corresponding to one quarter
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingSingle Resolution Fund of 30 million and 12 million one-off contribution to the resolution of a cooperative bank. For the whole year, expenses (excluding one-off items) fell below the 1-billion mark
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Bailout review to continue in Athens, lenders identify key tasks ahead
EconomyProgrammenoted that one task of the mission is “to determine better where the country stands” acknowledging... if this meant Catholic Easter on March 27 or the Orthodox one on May 1.
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingexpenses also reflecting one-off costs. Pre-provision income (PPI) fell 63.4 percent quarter on quarter... voluntary exit scheme, 35 million to resolution fund’s cost and 19 million to other one-off costs
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Greek stocks rise 2.4 pct, up for fourth straight week
Economyturnover fell to 64 million euros this week from 79 million in the previous week, with just one... by higher operating expenses also including one-off items. Titan reported on Thursday Q4 net loss of 2.4
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Study indicates bias in German media coverage of Greek crisis
Societyneutral and in just 16 percent of such articles, positive. There was not one article in Bild in which... their own opinions. This was the case in one third of news reports and a tenth of background
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Optimism for Cyprus solution abounds but talks at delicate phase
PoliticsForeign Policy, Ankara said, “disregards, on the one hand, the equal and inalienable rights and interests of the Turkish... compromises and is one of the reasons that he has played down the prospects of an agreement
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