Search
-
S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
Economy. The next scheduled reviews are by Scope on November 7 and Fitch on November 14.
15% -
New Democracy losing grip on regions as farmers’ protests highlight rural frustration
PoliticsGreek Politics7 in 10 Greeks believe the situation in the country is “out of control”. Over half (56 pct) believe... say they do not see any alternative solutions being proposed; only 14 pct think opposition parties
15% -
PM prepares to defend inflation fight against backdrop of political gridlock
PoliticsGreek Politics, Greek Solution 34, Course of Freedom 29, KKE 27, Voice of Reason 15, SYRIZA 14, and MeRA25 11. Based..., extending his advantage by one point. He is followed by Kyriakos Velopoulos (7.1), Nikos Androulakis (7
15% -
Record bonds, rising bills: Greece’s economic paradox
Agora%, and the US and Nordics at 7%. Yet while international markets show confidence, Greek society remains... close to 12%. Within food spending, meat represents 21.3%, milk and cheese 16%, vegetables 14
15% -
Bank of Greece decision bolsters Greek lenders’ capital ratios
EconomyMacroeconomy-forma 9-month 2013 EBA CT1 by 2 billion euros with the respective ratio hiking to 13.5 percent from 8.1...’s upcoming share capital increase of 2 billion euros. The bank has recently initiated the capital raising process through a marketed equity offering announced on November 14. The Hellenic Financial
14% -
Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economybillion above the 2 billion SYRIZA forecasts b) The increase in the Public Investment expenditure, which... to 12,000 euros (at 2 billion by the MoF, 500 million above that of SYRIZA) b) increased funds for local... require 14 billion euros of new taxes to be covered. Commenting on SYRIZA’s proposal that there could
14% -
How SYRIZA says it will fund its economic policies
Economyprivate debt (2 billion) and the establishment of new banks (1 billion). However, the use of HFSF... to resort to private funds as was the case last year. 2) Tackling tax evasion, financial crimes... of the 14 regional airports’ tender procedure with an upfront payment of 1.23 billion in late
14% -
Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln
Economymillion lower than the preliminary figure published on January 14. As already evident in the preliminary... by 15.4 percent in December ending the year up 2 percent to 20.46 billion, 932 million short of target.... The PIB showed a deficit of 1.48 billion in December on seasonal expenditure of 2 billion, while
14% -
The government decisions that could shape the future of Greek banks
Economy. HFSF currently holds: 1) a minority stake in Eurobank (35.41 percent) and 2) a majority stake... Deputy CEO for 14 years until 2013, while Karavias was one of the bank’s senior general managers... of this intervention was estimated at 2 billion euros. Since further details have not been disclosed
14% -
Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingincreased by 11 percent QoQ in Q4, while loan NII fell 2 percent. The double-digit rise in operating... of seasonal agricultural loans in December (that were fully repaid in February), gross loans slipped 2... showed ELA funding at 14.5 billion and ECB funding at 14.7 billion, almost entirely made up by 14 billion
14%