Search
-
Greece changes banks' DTA conversion law to secure ECB/EBA approval
Economy, while the proposed model is in line with that of Portugal, which the European Central Bank has... (annual) profit loss. For example, if a bank has a capital of 10 billion, of which DTC is 2 billion (20
2% -
Greek coalition stands by early bailout exit plans despite fresh blows on bond, stock markets
PoliticsGreek PoliticsThe task of putting a brave face on what has been a disturbing week for the government and its hopes of exiting the troika bailout early fell to Finance Minister Gikas Hardouvelis on Thursday...." This indicates that the market reaction has not yet deterred the Greek government from pursuing its goal
2% -
Greek credit contracts by another 3.5 pct in Sept as balances ease to 212 bln
EconomyMacroeconomysince June with net additions at 61 nillion. Credit expansion in the Greek market has been negative since the beginning of 2011 and has hovered between 3.5 and 3.7 percent over the past six months
2% -
Greek deposits increase for seventh straight month, reaching 164 bln
EconomyMacroeconomy. However, the amount that has returned to Greek banks corresponds to just a small portion of the 89 billion... in the 9-month period of 2014, Greek banks’ reliance on Eurosystem funding has been slashed by more than
2% -
Greece continues to edge up in "ease of doing business" rankings despite persistent problems
EconomyGreece has moved up several spots in the World Bank’s “Ease of Doing Business” ranking, with improvements in several areas but serious problems persisting in a number of areas..., according to the updated methodology). It is the fourth consecutive year in which Greece has risen from
2% -
Samaras and Tsipras prepared to go toe to toe all the way to February
PoliticsGreek Politics, the figure who has found himself at the centre of political developments in Greece. Samaras’s meeting... public finances are in order. Just over 69 percent think the coalition has devised this plan because
2% -
Developments in Greece produce volatile market reaction
Economythe stock exchange has fallen 21.7 percent. The bank index is down 32.9 percent, mostly reflecting.... Alpha is showing the best performance in relation to other domestic lenders. It has recorded losses
2% -
Greek deflation shoots up to 1.7 pct in October
EconomyMacroeconomy. Greece experienced deflation for the first time in March 2013 and the CPI has remained negative... trailing index fell 1.4 percent in October and has remained above the 1-percent mark throughout the year
2% -
Primary surplus narrows to 2.4 bln in October as revenues miss target
Economythe year to date figure to 9.68 billion, which means there has been an average monthly increase of 1.08 billion this year. Tax refunds fell 56.3 percent in October, however the 10-month figure has
2% -
Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomyof decline has decelerated below the 30-percent mark, at 27.2 percent in 2012 and at 21.2 percent... in 2014, slowing to 3.7 percent in 2015 and 1.2 percent in 2016. Fitch has recently reiterated its
2%