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HFSF sees market value of bank holdings plunge to 2.4 bln after closure, capital controls
EconomyBankingof 9.33 billion, a one-off expense of 555.9 million and impairment from banks under liquidation... (CoCos), while a gain of 1.27 billion was recorded from warrants’ revaluation. The one-off expense
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Newsletter 85 - 05/08/2016
deficit data in 2009, which made it clear that the country’s public finances were off track.... The budget deficit was already way off track at 14.4 billion euros, with spending ahead
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Justice can't be blind to facts in 2009 deficit case
Agorathat the country’s public finances were off track and defined the magnitude of the fiscal adjustment... 2009, the budget’s unrealistic projections were exposed. The budget deficit was already way off track
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBankingPiraeus Bank turned net losses of 37 million euros in the first quarter (Q1) of 2016 to profits of 20 million in Q2, which include a one-off trading gain of 77 million from the acquisition of Visa Europe from Visa Inc. Excluding this one-off item, recurring pre-provision income (PPI) improved by 8
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingAlpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from... aims to pay off the current amount by the end of the year subject to maturities and deposit inflows
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Kammenos eases tension with church, leaving coalition to focus graft attacks
PoliticsGreek Politicsis already trying to fend off accusations of corruption from the opposition. The defence minister, who also... being. Given the coalition is trying to fight off corruption allegations, a full-blown row
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Newsletter 91 - 07/10/2016
complied with Greece’s constitution was recently called off by court president Nikos Sakellariou... line given that it is also trying to fend off claims of corruption with relation to the TV tender
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Tsipras braces for SYRIZA congress, weighs up reshuffle options
PoliticsGreek Politics, the best that Tsipras can hope for is that the congress will be an opportunity for members to let off... be put off for the time being. Time would probably be lost in having ministers taking over new
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Newsletter 93 - 21/10/2016
. Excluding this one-off item, the comparable primary cash surplus has almost doubled from last year... at the beginning of the week, kicked off on Friday, with the first meetings covering the issues
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Some progress in first round of talks but most second review issues remain unresolved
EconomyProgrammeand contributions that will be written off. It has been agreed that VAT debt will be excluded from any write off. Stathakis also discussed with the institutions the simplification of business licencing
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