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Greece pinpoints flaws in Turkey's Aegean claims
PoliticsForeign Policya cut-off effect on the coastal projection of Turkey, towards Libya’s shores. Also, being on the “wrong... than its own surface.” Ankara also recently claimed that even an island of the size of Crete cannot have a cut-off effect on the coastal projection of Turkey to the Libya’s shores. Athens believes
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis rather than his leadership rivals. A prospective victory would.... Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeprojections, largely due to lower growth and deflators, while unemployment was much higher than originally... and the OSI, public debt recorded a relatively modest immediate decrease to 305 billion euros (160 percent... the sustainability assessment around the gross financing needs (GFN) metric rather than a specific debt
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankinginflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... banknotes, the monthly repatriation of funds worth 470 million over the last 17 months was more than... in the July 2015 – November 2016 period stood at 180 million, which is substantially higher than
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Athens hoping EU diplomatic drive will defuse latest Aegean crisis
PoliticsForeign Policyby the agreement Ankara made with Libya last year, and which Athens has described as null and void... For the time being, Athens is waiting to see how the EU, particularly Germany, and the USA reacts
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Buying time: The delayed crisis of democratic capitalism - a review
Agoraoriginating in the USA in 2007/08. Ever since, according to Streeck, governments inside and outside... exigency than on macro-economic objectives. Members of the troika themselves, notably the IMF... of fiction than a concise economic adjustment programme. When focusing on Greece Streeck’s ire
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Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
EconomyBankingfor the third successive quarter. Net profits more than doubled to 48.1 million euros in Q1 from 20.1...-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... by more than 100 million to 33.1 billion. The bank noted that Q1 deposits were positively affected
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Stocks rise for first time in three weeks, gaining 1.1 pct
Economy. Corporate news Alpha’s Q1 net profits more than doubled quarter on quarter to 48.1 million, while core pre-provision income rebounded by 1.2 percent to 305 million. Marfin Investment Group (MIG) showed... than halved to 13.1 million. Lamda Development reported a rise of 6.3 percent in Q1 net profits
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyincreased by 2 percent to 35.26 billion, lower than the target by 305 million. PIB PIB revenues came... million in the first nine months of the year, 805 million better than the target.
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Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
EconomyMacroeconomypercent to 35.26 billion, lower than the target by 305 million. The MoF noted that the movement..., 805 million better than the target.
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