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In decision to ally with Independent Greeks, Tsipras takes high risk option
PoliticsGreek Politicspolitician with previous cabinet experience (Kammenos served as deputy merchant marine minister between 2007...” and was a virulent critic of Samaras when the latter became prime minister in June 2012. Kammenos... of profiting from the purchase of Greek Credit Default Swaps (CDS). The other involved a dispute between
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BoG looks at other programme exits and options available to Athens
EconomyProgrammecredit line. This is in contrast to the strategy that the Greek government is in the process... in January 2014, Portugal in June of the same year and Cyprus in March 2016. The post-programme... programme as it also had to deal with a high volume of non-performing loans (NPLs) and its credit rating
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomybillion. After a short-lived slight positive flow in June, consumer credit posted net deductions...Greek bank credit contracted at a decelerating pace for the fourth straight month in July, when it decreased by 1.5 percent from 1.7 percent in June, according to the Bank of Greece (BoG). The July
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policyand the presentation of the material on this site do not imply the expression of any opinion whatsoever.... Publication on this site of information concerning developments relating to the law of the sea... that this move is more procedural and will not produce any real legal effects. In fac, the UN Division
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Corporate lending leads credit to 5.5 pct growth in Jul, highest since Sep 2009
EconomyMacroeconomyeuros in June. Within corporate lending, the flow of credit to non-financial corporations was positive...Credit movement in the Greek private sector gathered more pace in July, rising by 5.5 percent year-on-year (YoY) from a 4.5 percent rise in June, and 3.3 percent in May, Bank of Greece (BoG) figures
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Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market decelerated to 1.3 percent in November from 1.6... since June with net additions of 61.7 million euros in November from deductions of 307.8 million... billion in October, which was the lowest reading since June 2007. Since the beginning of the year
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Bank credit eases 1.6 pct in August on slightly accelerating negative flow
EconomyMacroeconomypositive reading in June. Greek bank credit turned negative for the first time in January 2011...Following a deceleration in the preceding four months, Greek bank credit contraction resumed... for the second month in a row totalling 1.75 billion year to date. Consumer credit fell by 2.5 percent
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Professional liars in pandemic times
Agoraand experience in the field, and whether the text uses verifiable facts and evidence from scientific... "cnn.com" may be replaced by "cnn.com.co" or "cnn.website", which may instantly suggest certain
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Credit growth in July slows to 1.2 pct; monthly outflow of 532 mln
EconomyMacroeconomyCredit movement in the Greek private sector rose an annual 1.2 percent in July, compared with 2.3 percent in June, Bank of Greece (BoG) figures showed on Thursday. The net lending flow was negative... in June. The outstanding balance decreased to 122.5 billion euros from 129.9 billion euros in June
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Deposits edged up in Nov but credit contraction was close to 4 pct
EconomyMacroeconomygovernment outflows of 667 million. Since June 2012 elections, time deposit inflows have reached 11.54... sentiment. Furthermore, a large part of total deposit outflows of 89 billion until June 2012 should... euros since the end of December 2012 and 65.51 billion since its peak in June 2012. The ongoing
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