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Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingfor Greek banks is the effective NPL management. Apart from easing the debt service burden... of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus
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If it's debt restructuring you're looking for, Regling's not your man
Agoraof gross financing needs, i.e. what percentage of the GDP is required to service and rollover debt... how much money is required to keep the debt serviced) that is favoured by eurozone officials, the main
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The Parable of the Populists and the Contemplatives
Agoraβthe trash service in town is unreliable, so the family dumps the trash on a vacant lot at some distance... in the future, the debt (e.g. to a bank) can be serviced with timely principal and interest payments
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The agenda of the first programme review shapes up with thorny issues
EconomyProgrammefinal proposal to the quadrica in the first week of January with the aim of reaching an agreement over
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The "King of the North" seeking to heal a fractured kingdom
Agorathe National Health Service (NHS) is underfunded. Social care provisions are under severe strain... that has lost control of essential services, allowed regional inequalities to widen, and become.... Manchesterism has four key components: Place-first politics, public control of services, state
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyas quarterly data related to the turnover indices for the service industries and labour force survey... in the first half of 2015. Exports Exports of goods and services marginally rose by 0.1 percent QoQ in Q2... of services by 2.2 percent offsetting a drop by 2.3 percent in exports of goods. The first half figures
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Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
EconomyMacroeconomysurvey and the turnover indices for the service industries. ELSTAT also revised the previous quarters... and services slipped 0.4 percent QoQ and 8.8 percent YoY in Q4, both decelerating from the previous quarter... percent in exports of services. For the whole year, exports dropped 3.7 percent entirely due to a drop
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyunemployment and turnover indices for the service sectors, which were not available at the time... 20.4 percent in Q2 2009. Exports Exports of goods and services edged down QoQ at a decelerating pace... of goods fell by 0.6 percent QoQ but rose by 2.9 percent YoY. Servicesβ exports decreased by 3.5 percent
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyas well as quarterly unemployment and turnover indices for the service sectors, which were... of 3.3 and 4 percent respectively. Exports Exports of goods and services rose by 3.7 percent QoQ.... Servicesβ exports increased at double-digit rates of 13.1 percent QoQ and 10.5 percent YoY. Overall
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyfor the service sectors, which were not available at the time of the flash estimate. The GDP... of goods and services dropped 1.4 percent QoQ in Q4 after a significant increase of 9.1 percent in Q3... displayed exports of goods declined by 5 percent QoQ and 2.2 percent YoY, while servicesβ exports
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