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Current account balance shows a surplus for third straight month, at 2.09 bln in August
EconomyMacroeconomythan offsetting a decline in the services’ balance by 142 million. In addition, the secondary income... reflects shrinking goods’ deficit by around 3 billion more than offsetting a considerable decline
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Greek shares up for the third straight week on strong performance from banks
Economythe cumulative gains of more than 11 percent over the past three weeks, Greek shares are down 10.7... a trading update for the third quarter (Q3) showing non-performing loan (NPL) formation more than
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Final structure of bank recap taking shape, cautious optimism for outcome
Economybelow 20 percent or more than half of the current levels. Greek banks have conducted two major... not have any shareholder controlling more than 5 percent of their share capital, while John Paulson
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Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions
EconomyMacroeconomybalances have decreased by more than 20 percent over this period. The biggest cumulative drop... and 2016, albeit milder than initially anticipated, and thus further delaying the long-awaited
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Coalition starts to feel backlash from latest round of measures
PoliticsGreek Politicsand 6 percent on tuition classes, rather than a 23 percent rate across-the-board as had initially been... the cost across a greater section of the population than adding hundreds of euros to the schooling costs
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Business indicators rise for second successive month in October
Economyin the 3-year period until Jun 2012, ESI considerably increased by more than 26 points until June 2014... of -83.8 in October 2011 and since then it markedly improved by more than 53 points to -30.6
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Home foreclosures and refugee crisis top agenda in Greece-EU talks
PoliticsForeign Policyadministration to relax restrictions on home repossessions rather than strengthen, or maintain, them... than waiting for them to reach Greece by sea. He also claimed that Greece has only received 5.9 million
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Greek banks' equity raising could keep official support to a minimum
Economythan debt investors via the debt to equity swap. This means that subject to demand for the share... that Piraeus would issue CoCos of more than 2 billion with an annual cost of around 160 million
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomy) and year to date (+929 million) with their arrears amounting to 2.7 billion making up more than 45... the beginning of the year to 1.21 billion in September corresponding to more than 20 percent of total
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Portugal and Greece: The opposite ends of Europe’s southern periphery
Agorain the course of the past five years more than half a million young, well-educated citizens through..., after more than five years of recession in both countries, these industries can no longer generate
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