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Fears and reassurances over PPC's dire finances
EconomyFeaturesAfter a disastrous set of full-year results for 2018, which showed net losses of over half... units, the net loss came closer to one billion euros. Criticism has come flying from all sides... government inherited PPC, it had net profits of 90 million euros and capitalisation of 2 billion euros
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Current account balance shows surplus of 1.87 bln in August
EconomyMacroeconomyeuros, deepening from a deficit of 576.1 million euros a year ago, driven mainly by higher net... higher net payments of the other (excluding general government) sectors. Total exports in August.... Financial account Residents’ net external liabilities showed an increase of 151 million in August
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Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
EconomyBankingdown also of 160 million euros. Adjusted for one-offs, Eurobank said it made a net profit of 544.... On a quarterly basis, the bank recorded a net loss of 131.4 million euros in the fourth quarter (Q4) of 2020 compared to net profits of 84.7 million euros in Q3. Core pre-provision income (PPI) rose by 1.6
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Newsletter 299 - 04/06/2021
in April, compared with 2.9 percent in March, Bank of Greece (BoG) figures showed. The net lending flow was negative, with a 787 million-euro net decrease in lending -- the most since January 2020... billion euros of reclassifications. The corporate lending balance's net monthly flow was negative
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House of cards (The rise and fall of Akis Tsochatzopoulos)
Agoravarious ministerial posts – interior, defence, transport, public order, development, labour and public
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Are politicians in Greece promoting reforms or social cannibalism?
AgoraInterior Minister Leonidas Grigorakos claimed in August that 10 percent of the 85,000 civil servants
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Key Greek election date firms up; turnout could prove crucial
PoliticsGreek Politicsof voting in the local polls but Interior Minister Yiannis Michelakis confirmed over the weekend
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Local elections in Greece a precursor of European vote
PoliticsGreek Politicsprivatisation fund has already said it will disregard the plebiscite, while the Interior Ministry has
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First round of local elections leave Greek politics finely balanced
PoliticsGreek Politicsincumbent Giorgos Kaminis all the way. According to Interior Ministry projections Kaminis was expected
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek Politics, Yiannis Michelakis, at the Interior Ministry. Makis Voridis, briefly Infrastructure Minister
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