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  1. Gas provides Greece, Cyprus and Israel chance to bolster ties
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    of formal cooperation between the three countries. The three leaders (Greek Prime Minster Alexis Tsipras... of the three options under consideration and, according to Greek diplomatic sources, there is concern... central European countries. Turkey, claims the Greek government, cannot be considered a stable

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  2. Time deposit rate almost stable in December, average loan rate rises 17 bps

    EconomyMacroeconomy

    Greek households’ new time deposit rate rose by 1 basis point to 1.02 percent in December, Bank... of competition in the Greek banking market. Even though the new time deposit rate remains at historical lows... to 5.09 percent. Overall, the Greek corporate lending rates stand around 200-300 bps above

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  3. Multiple crises fence in Greece
    Photo by Harry van Versendaal

    Agora

    of GDP) this year in order to meet its fiscal targets. The IMF believes that the Greek economy... to the Greek economy contracting by around a quarter. At the same time, the number of Greeks in work.... The Greek economy is expected to contract by 0.7 percent of GDP this year before growth returns in 2017

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  4. Greece braces for complex EU-Turkey summit on refugee plan
    Photo via EU External Action Service

    PoliticsForeign Policy

    The Greek government is hoping that this week's European Council in Brussels, which begins... neighboring country. The Greek government has been preparing for challenges that may crop up during... on the Greek border with FYROM, where more than 1,000 migrants, including children, crossed a river

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  5. Brussels attacks prompt fears in Athens over handling of refugee crisis

    PoliticsForeign Policy

    Chancellor, Angela Merkel on Tuesday. The Greek leader is thought to have asked Merkel to put... the Greek-Albanian border. There are already established trails used by drugs traffickers but the mountainous terrain is unsuitable for families. The Greek minister also pointed out that in the past some

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  6. Amid risk of 2015 re-run, Greece searching for deal with lenders
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    to have ended on a sour note. The Greek side had wanted a written agreement (or even two..., particularly with respect to supplementary retirement pay, and that a proposal by the Greek side to raise... that the Greek government aims to table next week a bill with the changes to income tax even though

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  7. Credit contraction slows to 2.1 pct in March, loan deductions fall to 146 mln

    EconomyMacroeconomy

    Greek bank credit contraction decelerated to 2.1 percent in March after a short-lived acceleration... balances edged down to 25.35 billion euros. Deductions increased to 47 million in March. Greek bank credit... the key challenge for the Greek banking system going forward. The latest official figures provided

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  8. Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct

    EconomyMacroeconomy

    Greek households’ new time deposit rate eased for the third straight month, albeit modestly, by 3... controls at the end of last June, Greek banks’ time deposit rates have dropped by 93 bps amid lack... the changes in March, Greek corporate lending rates still stand around 200 bps above the euro area

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  9. Davutoglu departure prompts concern about Turkish unpredictability in Athens
    Photo via @NatashaBertaud

    PoliticsForeign Policy

    as the Syrian crisis, Athens is concerned about the possible effect it will have on Greek- Turkish relations... into Greek air space without permission, especially during Easter break, which was seen as a violation... years. What could change, though, is Ankara’s will to solve Greek–Turkish differences. Davutoglu

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  10. Alpha, Eurobank sign agreement with KKR for management of NPLs

    EconomyBanking

    Greek corporates into a platform managed by Pillarstone. The non-performing loan (NPL) portfolio will reportedly amount to 1.2 billion euros and will equally stem from the two Greek banks. According... that the platform aims to provide to troubled, but viable, Greek corporates the chance to have access

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