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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
Economy. The 8-month budget deficit stood at 2.85 billion, more than 1 billion higher compared to that posted... draft budget in Parliament on October 6. It will include updated estimates for 2014 budget execution
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ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
Economya stock of securitized loans of almost 22 billion, with NBG and Piraeus at the high end (7.2 and 6... at the low end slightly above 1 billion. Overall, Greek banks have an existing pool of securitized loans
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Wealth in Greece plunged by 170 bln since 2007, report finds
Societyand 1 trillion respectively, while peripheral countries like Spain and Greece suffered large losses... contraction of 22 percent over this period, while Spain’s GDP showed a cumulative drop of 6 percent
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomyas well as T-Bills with duration higher than 6 months. The MoF also notes that the coverage of short... as of July 1, 2014), a positive carry-over effect from GDP evolution in the second half of 2014
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Greek economic contraction during crisis higher at 24.6 pct, revised data shows
EconomyMacroeconomy, with household consumption down 2 percent from 6 percent previously b) The fall in gross fixed... with up to 1 percentage point revision from previous estimates
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After ECB tests, it's back to troika review for Greek coalition
PoliticsGreek Politics. The Greek issue is also expected to be discussed in the upcoming two Eurogroups due on November 6... majority for calling a strike. Currently a strike may be called if 50 percent plus 1 of present
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Greek jobless rate dips below 26 pct in August for first time in two years
Economytime in the past two years and remains more than 6 percentage points (pp) above that of males (23.1..., there is a 1 point deviation in the absolute figures of their forecasts for both years.
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The one question SYRIZA needs to answer
Agorashort of 6 billion in total interest payments, bonds held by the ECB and other eurozone national... a small cash cushion, March saw a sizeable primary deficit of just under 1 billion euros
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Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingthe acquisition of 6 banks (ATEbank, the 3 Cypriot banks’ operations in Greece, Geniki Bank... BoG study showed that corporate NPLs (for loan amounts above 1 million euros) are concentrated
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SYRIZA's poll lead consistent but parliamentary majority elusive
PoliticsGreek Politicsfor Avgi SYRIZA 38 ND 30 Potami 7 PASOK 5.5 Golden Dawn 5.5 KKE 5 Independent Greeks 3 Others 6... this figure at the moment as most polls indicate that around 1 in 10 voters has yet to make his
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