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Piraeus Bank posts net loss of 1.56 bln in Q3
EconomyBankingincome (NII) up by 1.7 percent QoQ and 12.1 percent YoY and fee income by 8.3 and 17.6 percent... loss reserves - LLRs) reached 12.5 billion in Q3 corresponding to 22.6 percent of total loans up... categories showing an increase from +0.6 percent for savings up to +1.6 percent for sight deposits
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Two more parties prepare to step onto overcrowded Greek political stage
PoliticsGreek Politicselections] have to regroup,” he said, summing up his philosophy. “If New Democracy could count.... The lawmaker set up his own centre-left movement, Metarythmistes (Reformers), and is now considering... and start showing up on surveys. The creation of these two parties would take to over 20 the number
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Newsletter 6 - 5/12/2014
the calls and risk looking as if it was shunning an opportunity for consensus. PMI edges up... ground to be conceded by the eurozone. This, of course, is not a reason in itself to give up the fight..., there are bound to be great expectations on the other. This fact has to be weighed up against Tsipras
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Greek MPs pass 2015 budget but give few clues for presidential vote
PoliticsGreek Politics, when the government will need 180 ballots. SYRIZA leader Alexis Tsipras attempted to up the stakes... lawmakers. Tsipras's language in the last week, especially in Parliament, represents a ramping up... rapidly drew up legislation that would allow prisoners to study from jail via distance learning
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Newsletter 7 - 12/12/2014
up the pressure on the MPs that may swing over to the coalition’s side by painting a grim picture... was confirmed by the most objective judge – the markets,” he said after investors snapped up three billion... on those bonds shot up to almost 10 percent. Suddenly, the markets do not seem so confident. So
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Newsletter 8 - 19/12/2014
higher interest rates. The withdrawals are certainly not comparable to those in the run-up to the June... percent. Wages index up Greece’s seasonally adjusted Wages Index produced its highest reading for more... along and breaking up their cosiness, which has been assisted by the presence of a compliant
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Greeks lose faith in coalition but don't trust SYRIZA, polls indicate
PoliticsGreek Politics, SYRIZA is seen on 31 percent (up 3.5 percentage points from last month) and New Democracy on 24.5 percent (up 4.5 pp). The Rass survey shows a similar trend, with support for SYRIZA rising 0.7 percentage points since November, to 27.1. New Democracy is up 2.6 pp to 23.7. It is certain that Samaras
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Newsletter 9 - 30/12/2014
support edge up from 24.9 percent to 25.1. This means the gap between the two parties has closed..., have played up these fears over the past few days. It is certain that this will be one of the main... brinkmanship will have cleared – and it could take a while for that to happen in Greece – picking up the pieces
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Snap elections in Greece: The scenarios ahead
PoliticsGreek Politics-round inexperience in governing. Potami, which was founded just ten months ago, is made up of members who have little political experience and will not be able to make up for SYRIZA’s shortcomings... a major shake up at the top of the conservative party, with its more moderate and reform-minded personnel
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Third of Greek households trapped in debt and poverty, study suggests
Society-diving below the poverty line and the pilling up of household bills, a survey from a country’s... percent, this percentage is up a full ten points on 2012’s figure and 48.6 percent in 2013. Only 32.1... found that the build up of unpaid household bills had continued, increasing marginally compared
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