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S&P upgrades Greece to 'B+' on back of Eurogroup agreement
Economyof maturities, the sizeable cash buffer and the banking system’s ongoing efforts to reduce NPLs... inflows of capital, prompting sizeable outflows of deposits from the banking system. Banks improving
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Eurosystem funding falls by 716 mln in May
EconomyMacroeconomythe Greek banking system grew. The steady fall in banknotes in circulation in recent months signals... in the stability of the country’s banking system returns.
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Deposits positive for fourth month as May sees inflows of 919.4 mln
EconomyMacroeconomyNet deposit movement in the Greek banking system remained positive with inflows of 919.4 million in May versus inflows of 870.1 million in April, Bank of Greece (BoG) figures revealed on Wednesday... into the Greek banking system. May’s deposit inflows overtook April’s as the second highest for the year so
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Eurosystem funding falls by 4.56 bln in June to 16.31 bln
EconomyMacroeconomysparked an increase in banknotes circulating as uncertainty around the Greek banking system grew... prepares for its programme exit in August and trust in the stability of the country’s banking system
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Athens gets first taste of Erdogan's new era in power
PoliticsForeign PolicyThe latest chapter in Turkey's history began on July 9 when Recep Tayyip Erdogan was sworn in for another term as president of Turkey while launching a new political system that grants greater power... have led a stricter type of regime under Erdogan, who has gradually sought to bring the justice system
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Sales of HELPE, DESFA and shipyard progress while protests hamper ROSCO, PPC
EconomyProgrammefor Competition (DG Comp) has cleared the privatisation of the Hellenic Gas Transmission System Operator... that the takeover of DESFA by Italy’s Snam, the country’s main gas transmission system operator did
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Deposits inflows in June reach 1.36 bln for fifth month of positive readings
EconomyMacroeconomyNet deposit movement in the Greek banking system remained positive with inflows of 1.36 billion in June, building on inflows of 919.4 million in May, Bank of Greece (BoG) figures revealed... into the Greek banking system. June’s figure now stands as the highest monthly inflow for the year so far
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Putting right everything that went wrong in Mati
Agorademanded a swift and coherent evacuation plan, perhaps based on some kind of early warning system... that the system as whole was found wanting when tested in such a severe way. The results of the fire in Mati
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Eurosystem funding down by 3.29 bln to 13.02 bln in July
EconomyMacroeconomyin banknotes circulating as uncertainty around the Greek banking system grew. Increasing confidence in Greece’s banking system has been driving the decline in banknotes in circulation over recent months
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Are you not entertained?
Agorathat were backed by property. Deposit flight The banking system, aside from having to deal... of 2009 and June 2012 when close to 87 billion euros left the banking system and the second in the first
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