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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingto stand at 8 billion euros. A sizeable development in the Greek banking sector also moved into its... followed since analysts consider it a litmus test for whether Greek banks can follow through
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Credit contraction stays at 1.4 pct in November, loans to enterprises turn positive
EconomyMacroeconomyCredit contraction in the Greek market remained at 1.4 percent in November, unchanged from October, Bank of Greece (BoG) figures showed on Thursday. As a result, the outstanding balance decreased... million in the previous month. The balance for November came to 20.27 billion. The Greek market has
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November deposit inflows stay negative by 79.4 mln for second consecutive month
EconomyMacroeconomyNet deposit movement in the Greek banking system remained negative for a second month in November with outflows of 79.4 million compared to outflows of 345.5 million euros in October, Bank of Greece... in positive deposit inflows into the Greek banking system until recently. In November last year
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Merkel backing for name deal overshadowed by coalition leaders' crucial talks
PoliticsGreek PoliticsDemocracy that the Prespes Agreement was used by the Greek government as a bargaining chip.... Reports on Friday suggest that Tsipras may even meet with Greek President Prokopis Pavlopoulos
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Kammenos walks out on coalition, triggers confidence vote that will affect timing of elections
PoliticsGreek Politicsa confidence vote, even though the Greek Constitution gives him the right to continue in power as a minority... Republic of Macedonia (FYROM) will be ratified by Greek Parliament. However, the outgoing minister
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Tsipras seen clinching 151 votes as doubts surface about name deal
PoliticsGreek PoliticsAlexis Tsipras appeared to have secured the 151 votes he needs to get a clear majority in the confidence vote due to take place in Greek Parliament on Wednesday night. The clincher was the decision... if the agreement will be approved in Greek Parliament. However, following Danellis’s decision to support
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MPs prepare to vote on name deal, although delays are possible
PoliticsGreek PoliticsThe debate on the Prespes Agreement began in Greek Parliament on Wednesday, with New Democracy pondering whether to delay the procedure by submitting a censure motion. The vote on the Macedonia name... elections and not risk handing almost complete control of the Greek left and centre-left to SYRIZA
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Tsipras set to secure support for name deal after delay to vote
PoliticsGreek Politics. The opposition leader said that the agreement was a “national defeat” and argued that no previous Greek prime... to the name deal in Parliament and Greek public opinion. Opinion polls A Pulse poll for Skai TV indicated
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Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen in November, Bank of Greece (BoG) figures showed on Monday. As a result... million in November. The balance for December came to 18.51 billion. The Greek market has been
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December deposit inflows hit six-year high of 3.15 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system turned strongly positive in December with inflows of 3.15 billion compared to outflows of 79.4 million in November, Bank of Greece (BoG) figures... confidence in recent months, which manifested in positive deposit inflows into the Greek banking system
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