Search
-
In survival bid, coalition seeks to ease taxpayer burden, secure early bailout exit
PoliticsGreek Politicsof winning back some of the support it has lost in recent months. It is doubtful, though... candidate. The measures tabled on Thursday are part of a “roadmap” the coalition has constructed in its... that has yet to be finalised is how the growing number of non-performing loans (NPLs) will be dealt
2% -
ECB tests find negligible capital shortfalls at Greek banks
Economyrespectively. However, in its 178-page aggregate report on the QA, the ECB stressed that NBG has no shortfall and Eurobank has practically no shortfall. This seems an indirection of the country report... the static and dynamic models, showed: Alpha Bank The bank has zero capital shortfall in both
2% -
Significant rises for Greek economic sentiment, consumer confidence in October
EconomyMacroeconomypeaked at 104.1 in June and has dropped by almost 2 points since then. Nevertheless, the year to date... exhibited high volatility until October 2012. Since then, it has recorded a broadly upward movement... then, the headline figure has enjoyed cumulative gains of more than 25 points. The other four business
2% -
Tsipras bolsters ties with Europe’s rising leftists but also looks beyond
PoliticsGreek PoliticsFor the last couple of years, SYRIZA leader Alexis Tsipras has described what seemed like a leftist... in their countries. Certainly, the dynamic created by the rise of SYRIZA and more recently Podemos has given... but has postponed this in the wake of reports about Luxembourg signing tax avoidance deals
2% -
Probe into LAOS leader could spark contest for party's voters
PoliticsGreek Politics), has been but in doubt after it emerged that he is a suspect in a bribery case involving military... investigated by a parliamentary committee. The LAOS leader denies any wrongdoing and has insisted he will remain in charge of the party. However, his political prospects seem bleak. Karatzaferis has followed
2% -
Uncertainty feeding tension within SYRIZA as well as Greek government
PoliticsGreek PoliticsThe failure to reach an agreement with the troika has increased tension within the government... leader Alexis Tsipras has offered to agree on a new president with the government as long as Prime... party, which has been on an upward trajectory for the last three years. It is unlikely
2% -
Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingof employees has been reduced by almost 2,000 YoY to 16,528 at the end of September, while 430 branches have... that a second voluntary retirement scheme is underway targeting 1,200 employees, while the network has retreated by additional 70 branches to 803 in November. Piraeus said it has realised 71 percent
2% -
Waiting for Godot in Greece
Agoraof someone named Godot. The current situation in Athens has remarkable similarities with this classic... stakeholders concerned in Athens, Washington, Brussels and Frankfurt. As has become the established roadmap... and its international creditors, the fact remains that yet another evaluation round has underlined
2% -
Greek economic sentiment and consumer confidence up again in November
EconomyMacroeconomywas recorded in June at 104.1 and has eased by 1.4 points since then. However, the year to date (YtD.... Since then, it has been on a mostly upward trend with cumulative gains of 23 points over this 2-year... then, it has been moving upwards with cumulative gains in excess of 26 points to date. Three of the other four
2% -
Greece moves closer to troika over fiscal gap, waits for response
EconomyProgrammethan 30,000 jobs would be lost. Note that SETE has recently upwardly revised its forecasts... as well as abolition of the reduced VAT rate in islands. It is thought the government has not conceded any...) with estimated cost savings of 70 to 80 million euros. On the public sector, the government has proposed
2%