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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBanking(cash value) relates to credit claims (14.5 billion), with pillar II bonds at 5.5 billion and Greek
8% -
Greek stocks surge 9 pct, up for third successive week
EconomyThe Greek equity market headed north for the third straight week soaring by 9 percent on the back of a 5.5 percent rise last week. The improved investor sentiment was accompanied by increased trading activity also fuelled by a continued rebound in the global markets. After the IMF noted progress
8% -
OECD sees potential for recovery in Greek economy, stresses benefits from reforms
EconomyMacroeconomyby 1.7 and 1.9 percent respectively in 2016. However, both are expected to recover by 5.5 and 3.6
8% -
Industrial production up by 4.6 pct in Jan
EconomyMacroeconomyby a modest 0.6 percent. On the flipside, production in consumer durables declined by 5.5 percent
8% -
Current account deficit jumps to 742 mln in January
EconomyMacroeconomyto 5.6 billion in January from 5.5 billion in December, while fell by 0.3 billion YoY.
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Retail sales down by 3.8 pct in Jan for eighth straight fall
EconomyMacroeconomy(+5.5 percent) and pharmaceutical products and cosmetics (+0.5 percent). Retail sales slumped 21
8% -
Newsletter 68 - 01/04/2016
: Department stores (+9 percent), food, beverages and tobacco (+5.5 percent) and pharmaceutical products
8% -
Asking Greece to stack more austerity measures ignores past failings
Agorabillion euros (according to the IMF) to a more moderate 5.5 billion (favoured by the European Commission
8% -
Piraeus first Greek bank to repay Pillar II bonds, others to follow
EconomyBankingvalue of Pillar II bonds stood at 15.4 billion, with the highest amount held by Eurobank (5.5 billion
8% -
Primary cash surplus improves to 2.93 bln at end of April
EconomyMacroeconomy. In specific, ordinary budget revenues fell 5.5 percent in April, but the 4-month figure rose
8%