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Business indicators rise for second successive month in October
EconomyGreece’s economic sentiment (ESI) improved for the second straight month by 3.4 points to 86.5 in October, European Commission (EC) data displayed on Thursday. Over the past two months, ESI has risen by 11.3 points, yet only partly offset the extended deterioration recorded in the previous months
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Eurobank makes 877 mln bond exchange offer to cover part of its capital shortfall
EconomyBankingthat has to be raised from capital increases is seen close to 4.5 billion. The government tabled
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The key points in Greece's new bank recap bill
Economyframework: 1) A bank that has been deemed viable by the Bank of Greece (BoG) may apply to the Hellenic
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Eurobank presents 2.12 bln equity raising plan to cover capital needs
EconomyBanking, the management stressed that it has already secured support from cornerstone investors for the share capital
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economythat is related to the maximum amount for bank recapitalization has been incorporated in the updated EC
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Greece passes latest omnibus bill, looks to next actions ahead
EconomyProgrammeactions for the disbursement for the second sub-tranche of 1 billion, euros has not been defined yet
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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomyexpenditure has also benefitted from shrinking military procurement, which stood at 118 million
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Progress in bailout talks but foreclosures and NPL management stand in way of agreement
EconomyProgrammethat those who were consistent in their debt servicing until recently but whose income has been hit
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomyGreek banks’ Eurosystem funding continued heading south for the fourth straight month in October, when it eased by 2.01 billion euros from a 2.67 billion drop in September, the Bank of Greece's (BoG) monthly financial statement showed on Monday. Since July, Central Bank funding has been reduced
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Greek stocks edge up in week of big losses for banks
Economysession. Note, though, that since the beginning of the month, the Greek market has posted losses of 6
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