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  1. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    million above target), mostly due to a one-off item, coupled with a continued primary expenditure... to two items that were not incorporated in the 2015 budget numbers. The first relates to one-off income

    15%

  2. One-off loss affects NBG’s P&L, NPE stock drops by 900 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    National Bank of Greece (NBG) recorded net losses of 3.06 billion in the second quarter (Q2) of 2016, fully attributed to a one-off loss of 3.1 billion involving the recycling of losses related... associated with pillar II bonds. The bank’s non-core income though, despite a one-off gain of 35

    15%

  3. Tsipras sets off for USA as prior actions, e-auctions dominate at home
    By Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras chaired a meeting with key ministers on Friday to assess the progress the government is making in completing the 95 prior actions that have to be ticked off this year. The meeting was held a few hours before the Greek leader set off for his official visit to the USA

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  4. Tsipras fends off election rumours, Mitsotakis talks up moderate qualities
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    officials it is thought, who prefer for the vote to be put off until next year so that the economy has more... tried to shrug off claims that he had allowed the right wing of his party to steer New Democracy

    15%

  5. Mitsotakis brushes off latest strike, opposition sides with protesters
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government shrugged off Wednesday’s strike – the second in as many weeks – as the action of a small group of unionists rather than a larger protest against its proposed labour reforms. Although... of the diaspora vote would go towards New Democracy, killing off any chance that the leftists would

    15%

  6. MEP takes comfortable lead over former PM in advance of KINAL leadership run-off
    Photo via https://kinimaallagis.gr/

    PoliticsGreek Politics

    , faces former PM George Panandreou in the run-off on Sunday. The MEP gained 99,120 votes in the first... Androulakis as the favourite to win Sunday’s run-off by 16 points. An estimated 56.5 pct

    15%

  7. Dendias's Libya tangle cuts off Athens-Tripoli communication
    Photo by Finnish Presidency of EU

    PoliticsForeign Policy

    Ministry issued a strong statement underlining that “the Greek minister refused to get off his plane... been closed off, especially following the decision of Libya’s Foreign Ministry to recall its

    15%

  8. Mitsotakis shrugs off scandals to hit back at foreign policy critics
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    In his parting shot just before the summer recess, PM Kyriakos Mitsotakis turned fire on his predecessors’ foreign policy record, while brushing off the accusations of corruption that have engulfed... by backing off offshore projects, the most emblematic of which is the Greece-Cyprus interconnector

    15%

  9. Newsletter 90 - 30/09/2016

    Newsletters

    of attempting to make a breakthrough with lenders with one hand and trying to fend off attacks from... and, with them, the first programme review. Athens hopes that it will finish off the job next week... on October 10. Apart from securing the 2.8 billion and ticking another task off its list

    14%

  10. Newsletter 125 -30/06/2017

    Newsletters

    kind of credit line. This claim will undoubtedly have set off the alarm bells among Greece’s lenders... by 1 point since January Economic sentiment (ESI) improved slightly by 0.8 points in June after declining by 1.7 points in May, European Commission (EC) figures showed. The ESI stood at 94.0

    14%