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NPLs: The Achilles heel of the Greek banking system
Agorato banks’ solo accounts (parent level) which also include government loans as well as loans
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BoG sees Greek growth resilience, highlights global risks
EconomyMacroeconomyand improved asset quality. Non‑performing loans (NPLs) on a solo basis fell to EUR 5.7 billion, a 5.2
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Golden Dawn trial begins against complex political backdrop
PoliticsGreek PoliticsMore than 18 months after rapper Pavlos Fyssas was murdered by Golden Dawn member Giorgos Roupakias near Piraeus, the Neo-Nazi party’s leader, MPs and numerous members are going on trial. A total of 69 people, including Golden Dawn chief Nikos Michaloli...
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Paris attacks change backdrop for Tsipras visit to Turkey
PoliticsForeign PolicyPrime Minister Alexis Tsipras' first official visit to Turkey (November 18-19) has suddenly turned into perhaps the most crucial visit of a Greek premier to Greece's neighboring country, as it takes place a few days following Paris' terrorist attacks. T...
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Androulakis positions PASOK as alternative to leading parties against phonetapping backdrop
PoliticsGreek PoliticsPASOK leader Nikos Androulakis used his maiden speech at the Thessaloniki International Fair (TIF) on Wednesday to hit out at both the ruling New Democracy party and its main rival SYRIZA, in an attempt to position the socialists as a distinct and reali...
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Mitsotakis unveils major defence package against backdrop of forces pay rise dispute
PoliticsGreek PoliticsThe government presented on Wednesday its plans for a major shake-up of Greece’s defence capabilities, which PM Kyriakos Mitsotakis claims is needed to equip the armed forces for a new era. The announcement comes after a week of upheaval in New Democrac...
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PM prepares to defend inflation fight against backdrop of political gridlock
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis is due to respond in Parliament this Friday to opposition questions about the measures the government is taking to tackle inflation, which remains a top concern for voters. The debate is being held in the wake of two n...
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation
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