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  1. Newsletter 90 - 30/09/2016

    Newsletters

    since July 2014, and largely reflect deductions of 609 and 263 million from the corporate... of attempting to make a breakthrough with lenders with one hand and trying to fend off attacks from... and, with them, the first programme review. Athens hopes that it will finish off the job next week

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  2. Gennimata aims to secure centre-left leadership in run-off vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The run-off vote for the centre-left leadership is due to take place on Sunday, with PASOK... Democracy’s run-off vote) but both camps are hoping that the drop will not be too dramatic. There were... and the run-off vote should be called off so that the PASOK leader could build on the positive

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  3. How Greece sleepwalked off a cliff in 2009, in black and white

    Agora

    billion euros, of which 25.7 was for repayments and the rest was needed to finance the runaway deficit

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  4. DBRS moves Greece a notch closer to investment grade as Moody's holds off
    Photo by MacroPolis

    Economy

    . Fitch had upgraded Greece to ‘BB’ ahead of the rest of the agencies in January 2020, just weeks before

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  5. Newsletter 24 - 24/04/2015

    Newsletters

    on the outcome of the sale of the state’s stake in Piraeus port. As negotiations between the Greek... this determination. The tender, for test drilling in 20 offshore blocks in the Ionian Sea and off southern... authorities. His roadmap seeks to expand from existing port investment projects to also include ship

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  6. Storm impact and ferry death engulf political agenda
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , with the port city of Volos, villages on Mount Pelion and the island of Skiathos particularly badly hit... overshadowed by the death of a 36-year-old man at the port of Piraeus after the crew prevented him from... but arrived just as the ferry was departing. Video footage shows two crew members pushing the man off

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  7. Dead fish in Volos cause big political stink
    Photo by Fosphotos

    PoliticsGreek Politics

    More than 100 tons of dead fish that washed up off the port city of Volos in central Greece... in connection to this issue. It also argued that the Volos Port Authority, still under public... up in the bay. Although Volos port has been put up for privatisation, the damage caused by last year

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  8. Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Eurobank kicked off Greek banks’ reporting season for the first quarter (Q1) of the year by announcing a net loss of 94.4 million from 207 million in Q1 2014 and 523.7 million in Q4. Note, though... fell 59 percent QoQ and 37 percent YoY to 302 million with the cost of risk easing to 2.3 percent

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  9. Budget primary surplus at 3.05 bln in 7-month, above target on underspend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from earmarked revenues by 302 million, grants to hospitals by 199 million, lower social security... off target. Overall, expenditure fell by 1.8 percent to 27.55 billion, 1.05 billion lower than

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  10. Primary cash balance posts deficit of 46 mln at end of July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion...-on-year rise in the expenditure item stands at 302 million. Interest payments fell by 25 million euros

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