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Prospect of eurozone deal calms nerves on stock, bond markets
Economyof 16.4 percent in just two days, more than offsetting the cumulative losses of 14.1 percent last week... than half of the market turnover. Including OTE and OPAP, the trading activity in those six stocks
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Greek coalition sets out plans for public sector, wages and pensions
PoliticsGreek Politicsand unions rather than in one go. It is estimated some 300,000 Greeks earn the minimum wage. Instead... for pensioners earning less than 700 euros a month. It is estimated that these interventions will cost
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Another euro stitch unpicked
Agoraa case of denial, the new coalition is left in no other position than to downplay the significance... was withdrawn from Greek banks in December and January, which is much higher than usual. While ELA could
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What are the implications of the ECB's decision for Greek banks?
Economyamount is less than 10 billion, around 4-5 billion for pillar III and close to 5 billion for GGBs. Until... above the ECB funding cost of 0.05 percent. However, it is still lower than the average time
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Greek apartment prices down 5.8 pct in Q4 2014
EconomyMacroeconomyin 2014 from more than 116,000 in 2008. Similarly, the volume and value of transactions shrank by 86... a cumulative contraction of more than 13 percent over the past four years. In addition, non
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Greek stocks and bond yields recover on hopes of deal with eurozone
EconomyThe Athens Stock Exchange soared 8 percent on Tuesday, more than offsetting the significant losses of 4.8 percent recorded on Monday. The strong rebound was fuelled by the 4-pillar proposal...’s rises. The 3-year GGB showed the highest drop as it fell by more than 2.5 percentage points (pp
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Everybody be cool
AgoraIt’s less than three weeks since the Greek government was elected and its Finance Minister Yanis Varoufakis has just taken part in his first Eurogroup – an experience that some of his predecessors... with the domestic political repercussions. There is so much more that keeps Greece and its lenders together than
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsbe restricted with a two-thirds majority of ECB Governing Council votes cast. Note though that more than 40... for more than 50 percent of nominal debt to be written down. In his interview with the Financial
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You've heard the Greek crisis myths, now here are some truths
Agorathat there is a magic way to close a primary deficit of 10 percent of GDP (25 billion euros) other than to slash... depleted by more than a quarter, it is ludicrous to suggest that there was something lacking
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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammeon local governments and hospitals. Mardas said that procurements of less than 60,000 euros amount... higher than the market wholesale prices. With the new electronic system that would be in place all
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