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Current account deficit rises by 124.3 mln in May
EconomyMacroeconomy, attributable largely to a fall of 2.4 billion in holdings of foreign bonds and T-Bills. At the same time... in residents' external assets which largely reflects a drop in their holdings of foreign bonds and T-bills.A net fall in liabilities reflects a decline of 676 million in foreign holdings of Greek government
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Current account surplus at 842.3 million in June, assisted by services balance
EconomyMacroeconomyto a rise of 1.6 billion in the holdings of foreign bonds and T-Bills. At the same time, a small net..., attributable mainly to a 705 million-euro drop in residents' holdings of foreign bonds and T-Bills. A net decrease in liabilities stems largely from a fall of 682 million in non-residents holdings
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Alpha, Eurobank sign agreement with KKR for management of NPLs
EconomyBankingIn a joint press release, Alpha and Eurobank announced on Tuesday that they have reached a binding agreement with KKR Credit for the management of credit and equity exposures to a number of selected.... However, the agreement remained on paper with Piraeus noting in April 2015 that the binding exclusivity
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgrammewith a binding timetable on a comprehensive mechanism of effective management of private debt. In addition..., which signed a binding agreement with KKR Credit for the management of 1.2 billion corporate NPLs
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Breaking up is hard to do
AgoraCouncil, which officially endorsed the text of the Withdrawal Agreement. This legally binding international agreement together with the non-legally binding political declaration on the future UK-EU
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Fears and reassurances over PPC's dire finances
EconomyFeaturesproduced from this form of coal. The first round attracted no binding bids in February, possibly... impact of dirty energy is more apparent than ever. A second tender is underway and binding offers
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Move to legislate on climate change offers opening to bolster environmental laws
PoliticsGreek Politicsof binding legislation such as that already adopted by twelve other member states. Mitsotakis stressed... binding emissions targets for the country as a whole and for the public sector, as well
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Mitsotakis targets rivals as Androulakis tries to shrug off doubters
PoliticsGreek Politicsthat meaningful reform requires broad, binding consensus — but insists this consensus must be forged.... Figures such as Haris Doukas, Pavlos Geroulanos and Michalis Katrinis are pushing for a binding
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Bookies see comfortable win for SYRIZA, close contest for third place
PoliticsGreek PoliticsAlthough bookies do not offer betting on SYRIZA winning an outright majority in the new Parliament... winning less than 28.5 percent of votes (odds at 1.75). This suggests a margin in excess of 5 percentage..., odds for winning more or less than 5 percent is identical (at 1.87 each), while PASOK’s percentage
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Key factors to look out for when Greek election results come in
PoliticsGreek Politicspercentage points) would make it difficult for the winning party to govern without the runner-up... coalition but it is unlikely that the winning party will want to leave the runner-up (especially... The winning part is expected to get no more than 33 percent of the vote and, therefore, less than 140
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