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First positive reading for building activity in 6 months after 1.2 pct rise in May
EconomyMacroeconomy. The monthly movement reflects a drop in private construction by 9 points and a 2.2 points increase
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Golden Dawn to compete in EP elections but its longer term future is unclear
PoliticsGreek Politicsof rapper Pavlos Fyssas stalled its rise. Golden Dawn is now polling between 6 and 9 percent and its
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Greek bank capital increases: A breakdown of what has been achieved
EconomyNational Bank of Greece (NBG) was the last of the four Greek core banks to complete its share capital increase this month, raising 2.5 billion on May 9. The transaction was reportedly two times oversubscribed by international institutional investors through a book-building process outside of Greece
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One night in Cannes
Agorahave been no banks left by 9 a.m.,” he said this week. But couldn’t a likely “no” vote
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New obstacle for privatisations as court blocks sale of water firm
Economythat is effective since December 9, 1999. Following two decisions of the Inter-ministerial Committee
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingEurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI) by 9 percent quarter on quarter (QoQ), a drop in impairment losses by 26 percent and eliminating
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National Bank starts 2014 posting net profit of 181 mln in Q1
EconomyBankingsuccessive quarter to 5.12 percent leading group NIM down 9 bps QoQ to 3.17 percent. Operating expenses
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Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out
EconomyMacroeconomybillion), while Piraeus posted the lowest reliance at 9 billion, half of its year-end figure of 18
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Retail sales up 3.9 pct in April for first positive YoY reading since 2010
EconomyMacroeconomyand footwear (+14.3 percent), retail sale not in stores (+9 percent) and food-beverages-tobacco (+7.7
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After landmark return in April, Greece prepares to tap bond markets again
Economythe six prior actions required. The troika delegation is scheduled to return to Athens on July 9
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