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Newsletter 35 - 17/07/2015
for ratification and then call snap polls. Tsipras has stated he believes that the threat of Grexit... on Tsipras to take this route rather than call snap elections. Nevertheless, even this option seems
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Varoufakis and his friendly fire
Agorawhat Varoufakis revealed in a conference call with investors earlier this month. He said that a few... and to investors in a recorded call, creates scepticism about his motives and his judgement. In the recording
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Looking in on the Greek elections from the outside
AgoraGreece’s snap elections are a few days away. Many indicators suggest the result is still too close to call, either in terms of winners and losers, or regarding the configuration of any coalition..., this welcome restraint should not obscure the fact that these “outsiders” – if we may call them
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Greece seeks EU help on refugees after Schengen threat but big challenges remain
PoliticsForeign Policywith the refugee and migrant crisis. The call for help from Athens appears to have been prompted by multiple... as it gave fodder to the opposition parties in Greece. Also, Greece's call for help came a few hours
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Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingpercent in the next 3-4 years. Asked during the conference call, the management indicated it would... profitable in the next years. During the conference call, the management provided guidance for 2016
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankingcall, the management said it expects negative new NPL formation in the course of 2016 with the NPL... ratio close to 130 percent. During the conference call, the management said deposit outflows of around
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Brussels attacks prompt fears in Athens over handling of refugee crisis
PoliticsForeign Policyand there appears no let-up in the flows from Turkey. This prompted Prime Minister Alexis Tsipras to call German... to stem the flows across the Aegean. The phone call to Merkel underlined how reliant Athens
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Failure to agree on contingent measures causes further delay in conclusion of review
PoliticsGreek PoliticsMinister Alexis Tsipras will reportedly call European Council president Donald Tusk to ask... of this is likely to have much effect, and Tusk is likely to reject the call for a summit, given
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Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingthe conference call, the management stated it is not very keen to proceed to massive NPL sales... percent in the previous quarter. During the conference call, the management appeared optimistic
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Newsletter 91 - 07/10/2016
or a backdoor tax amnesty. The inability to enforce such schemes led the IMF this past month to call... – is prepared to call these practices into question and willing to do something about them. Instead, past
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