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  1. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    percent. Over the last twelve months, the headcount has been reduced by more than 1,700 to 15,149... billion, of which 4.2 billion relates to EFSF bonds. Alpha said it has an ELA cash liquidity buffer

    2%

  2. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    rebounded by 1.4 percent. Private consumption makes up around 70 percent of GDP, while has posted... has not modified its latest forecast, subject to the current negotiations being concluded and a new

    2%

  3. Greece works on new proposals as EU rules out political deal on Monday

    PoliticsGreek Politics

    ’ position and some kind of commitment regarding debt relief. SYRIZA has stuck to its idea that these kinds..., though, has sought to kill off any idea that the euro area leaders will decide on things that have

    2%

  4. Greek ministers prepare Israel visits in bid to further relations
    Photo by fritzmb via Flickr https://flic.kr/p/buYhjU

    PoliticsForeign Policy

    Papandreou's PASOK government was in power in 2010. The new Greek government has not yet made any... Cypriot counterpart, Ioannis Kasoulides, recently in Athens. Prime Minister Alexis Tsipras has also

    2%

  5. The political scenarios ahead for Greece after the referendum

    PoliticsGreek Politics

    the last few weeks suggest is the most likely), the opposition has also not given up hope.... July 26 has been reported as a potential date for such a vote. There are several things to consider

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  6. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    amount is due to paid at the end of this month. On top of pensions, the government has to pay the first... in the next two weeks. However, the bank holiday coupled with the imposition of capital controls has also

    2%

  7. Moody's downgrades Greece's rating by one notch to Caa3

    Economy

    with institutions and the withdrawal of support has increased in recent months and is expected to remain high... that the likelihood of a consensual debt restructuring has reduced. Even if an agreement is reached, the new

    2%

  8. Strengthened Tsipras shows willingness for deal with lenders after "No"

    PoliticsGreek Politics

    with lenders. Tsipras has been strengthened considerably domestically by the 61.3 percent of Greeks... man’s premiership. Ex-parliamentary speaker Vangelis Meimarakis has taken temporary charge

    2%

  9. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    then, we understand that this ELA liquidity cushion has been reduced by more than 10 billion... regime. Since ELA liquidity of 90 billion euros has been used and there is another 25 billion available

    2%

  10. Stand-off within SYRIZA to continue as Konstantopoulou stands firm

    PoliticsGreek Politics

    of the Left Platform and as an unaligned SYRIZA MP she has to decide where her future lies... of the air is likely to be after the bailout has been agreed and voted through Parliament but before

    2%