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One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
EconomyBankingmillion, mainly reflecting lower costs related to pillar II bonds. Net interest income (NII) edged up 1.... Gross loans eased by nearly 400 million QoQ to 51.1 billion in Q2, while deposits edged up by around
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TV permit auction boosts Greek coffers but questions linger
PoliticsGreek Politicsthat it was trying to break up the links between the political system, the media and firms bidding for public... parties and the media being broken up.
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The great turn-off: Greece's TV permits auction
Agorawere set up in the building where the auction took place as the process was expected to last a couple... it was unconstitutional. The conservatives went as far as saying they will change the set-up again
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Tsipras limits pledges and expectations in Thessaloniki
PoliticsGreek Politicsreview, Tsipras did not flag up any obstacles beyond the issue of labour reforms. The SYRIZA chief.... Tsipras also talked up the possibility of positive news on debt relief soon. His comments came in the wake
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Uncomfortable questions regarding TV auction mount for coalition
PoliticsGreek PoliticsThe government is coming under increasing pressure from the opposition and revealing news stories regarding the recent auction for TV licences, which the coalition has held up as a shining example...-up as one of the successful bids was lodged by Christos Kalogritsas, the son of a construction firm
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Government's relationship with Stournaras teeters again
PoliticsForeign Policyof the wider shake-up of management at Greek banks, as agreed with the country’s lenders. Inconclusive talks... and the government officials are due to be wrapped up on Friday without any conclusion with regards
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Out with the old, in with the old
Agoraup by the unsubstantiated promises that another viable (and painless) option to the bailout... as a coincidence if the government had not built up a history of contempt for independent authorities
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Government tries to limit damage from corruption claims but more tests lie ahead
PoliticsGreek Politicsthe figurehead of the government’s attempt to be seen as living up to its pledge regarding tackling... and Q4 would have to produce better results than expected. Q2 GDP was up by 0.2 percent
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After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammestresses that a rapid clean up of banks’ balance sheets should be implemented by endorsing debt.... The already implemented reforms should be complemented by opening up remaining closed professions
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Government caught between milestones and corruption claims
PoliticsGreek Politics, though, that the coalition needs to tie up the review as soon as possible because this will pave... in Greece. The possibility of the Tsipras essentially giving up if events do not play out as he
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