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New obstacle for privatisations as court blocks sale of water firm
Economyrespectively. On April 30 a 10 percent stake previously held by Piraeus Bank was transferred to John
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomyAfter remaining stable for the past five months, the interest rate on households’ new time deposits eased by 10 basis points (bps) to 2.71 percent in April, while the interest on corporate loans rose and remained well above the euro area average, according to the Bank of Greece (BoG). This rate had
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Are things looking up for Greece's privatisation programme?
Economythe completion of the agreement and the remainder will be deferred within 10 years. The consortium
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsEnding days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist Gikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s appointment was by far the most notable. There was no change at 10 of the 19 ministries and apart
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politics. The government’s plan also incorporates the deferral of interest payments on GLF loans for 10 or 20
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IMF report sees a number of risks lying ahead for Greece
EconomyProgramme, but it was postponed until June 10, one day after the cabinet reshuffle and the appointment of a new finance
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Industrial Production Index in negative territory for the year, at -2.2 pct in April
EconomyMacroeconomyin industrial production in the next three months and 10 percent projected a drop.
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Greek industrial turnover drop accelerates in April
EconomyMacroeconomyof the recorded decrease in April fully reflects a double-digit drop in manufacturing turnover (down 10 percent
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politics. This creates considerable pressure on the new cabinet, sworn in on June 10, as there is much legislative
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Ιnterest in exercising Alpha's warrants remains rather limited
EconomyBankingis on December 10, 2017. The exercise price is predefined and equal to the issue price (0.44
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