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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicsthat did not adhere to basic banking principles. Attica Bank also attracts strong scrutiny
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Turkey's actions in Cypriot EEZ put Athens, Nicosia on alert
PoliticsForeign PolicyAnkara's strong reaction to hydrocarbon research in the Cypriot EZZ. It seems, though, Turkey’s main aim
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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politicshas so far ruled out an early trip to the polls but if the economic recovery proves strong and his
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Athens not put out by Turkey-Egypt rapprochement, but watching closely
PoliticsForeign Policyto have strong economic ties with Turkey. Despite its continuous problems, Turkey’s economy
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First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Economyeuros, with a coupon of 1.75 pct and a final reoffer yield of 1.836 pct, with 140 basis points over... euros with a final reoffer yield of 1.836 pct. The issue was 5x oversubscribed. The transaction had... a reoffer yield of just 0.807 pct and spread of the German DBR of 135.5 bps. The issue had also attracted
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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University bill meets with strong opposition as MPs begin debating reform
PoliticsGreek Politicsput before the plenary next week, ahead of a vote on Friday, March 8. Going into the debate... that the government is making an opportunistic grab through the bill being put before Parliament. Most... allowed to operate in Greece but is opposed to the bill that has been put before MPs. SYRIZA fallout
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Car sales still going strong in 2014; up by 33.7 pct in October
EconomyMacroeconomyin October from 7,730 in September and 6,850 in October 2013. Following another strong reading... (+29.6 percent) in line with the total headline figure. All indications point to a strong double-digit... in 2014 is mainly attributed to strong tourism, which led to larger rent-a-car fleets, as well
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomya strong underspend (by 1.91 billion) coupled with a revenue outperformance of 1.54 billion. The Public... of the personal income tax. As we have previously noted, the strong revenue collection could... the release of final budget execution bulletin due after October 20. Following the strong performance
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Greek stocks end week flat as Friday’s strong rebound erased earlier losses
Economy. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4.2... over the last the last four weeks, mostly reflecting the strong rebound in the previous week. Banks... losses stood at 1.3 percent, slightly trimming the strong gains posted in the past four weeks to 11.8
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