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  1. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    banks in Q2. Piraeus Higher Emergency Liquidity Assistance (ELA) costs more than offset lowering... in Q2 with around 60 percent made up by ELA funding. The improving liquidity conditions... has currently an ELA cash buffer in excess of 4 billion. The non-performing loan (NPL) ratio rose

    15%
  2. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    to the targets being beaten over the last four months, even though there is a steady increase in unpaid...The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros

    14%
  3. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    . In addition, the Emergency Liquidity Assistance (ELA) funding was eliminated at just 3.6 million... the year-end figure of 73 billion, which comprised at that time ECB funding of 63.2 billion and ELA... to date is directly linked to that ECB directive. The May data also showed that the ELA funding

    14%
  4. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    a decline in the Emergency Liquidity Assistance (ELA) funding by 2.08 billion and in ECB funding by 1.78 billion. ELA funding fell to 64.81 billion euros, which is its lowest level since January 2015.... Since the agreement reached at the EU Summit in July last year, ELA funding has dropped by almost

    14%
  5. Soldiers' return from Turkey provides Tsipras with timely boost

    PoliticsGreek Politics

    in Mati last month, the soldiers release was a huge relief for the coalition. The government had... the programme have been abandoned because of the death toll from the Mati fire, but Tsipras is still

    14%
  6. Tsipras conducts varied reshuffle in further bid to revitalise coalition
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    this summer (due to the fatal Mati wildfire) and the announcement on Monday that Panos Skourletis would... at the moment. The role of the emergency services in dealing with the Mati fire has been under severe

    14%
  7. Take your seats

    Agora

    , Greek authorities proved inept in tackling the deadly wildfire in Mati, on the outskirts of Athens... was strongly criticised for the Mati disaster. To be clear, Tsipras’s goal at the next elections

    14%
  8. ND steers greater attention towards institutional failings as elections approach
    Panayotis Tzamaros

    PoliticsGreek Politics

    party had appointed to compile a report on the deadly fire in Mati. Polakis drew fresh criticism... for the devastation in Mati solely onto the coalition had a negligible effect on public opinion

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  9. ND tries to stay on top of wildfire as court battle looms over Competition Commission
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , including last summer’s devastating fire in Mati, near Athens. Apart from returning from his holidays... predecessor paid for the deaths in Mati and elsewhere. The government was also quick to stress

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  10. PM makes slowing spread of coronavirus his main goal

    PoliticsGreek Politics

    factors in the high death toll in the Mati wildfire. During his speech on Wednesday, Mitsotakis said... the political damage that the previous administration suffered over the loss of some 100 lives in the Mati

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