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Industrial production rises at slightly faster pace of 2.2 pct in Dec
EconomyMacroeconomysupply production also declined by 1 percent. Only two of the five main industrial groupings posted... goods edged up 0.7 percent. In contrast, consumer durables recorded a nosedive of 20 percent... IPI rebounded 2.2 percent from the previous month, after contracting by 1 percent in November
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PPC: The struggling electricity giant dominating bailout talks
EconomyFeaturesthat PPC’s retail and wholesale market share should be reduced by 20 percentage points by 2017... repayments, including a bond redemption of 200 million on May 1, absent the finalisation of a 200... million on February 24 and said on March 1 that a new facility of 200 million, in the form
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Banks saw asset quality and liquidity trends improve in Q4 but process interrupted in 2017
Agorain Q4, which climbed to -1 billion euros in Q4 from -90 to -100 million in the previous two quarters.... Capital Greek banks remained adequately capitalised with the Common Equity Tier 1 (CET1) ratio close... at the end of 2016. Around 20 billion (70 percent of total) relates to deferred tax assets (DTA). Taking
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammeliquidity of its market-traded debt. The second indicator has a weight of 20 percent and involves... indicator, a score of 1 to 4 is assigned in the ESM’s analysis. Specifically, if a country is among... the 25 percent worst-performers are assigned the score 1 (most vulnerable). To identify the cut-off
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Stocks up by 4.7 pct, rising for third straight week
EconomyDevelopment (-1 percent). The trading volumes remained at high levels for the second week in a row...) at a price of 20 euros per share. Following this transaction, Koutsolioutsos holds 34.43 percent... date is on May 17. Mytilineos and METKA said they will hold their AGMs on June 1 to approve
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Eurobank stays profitable in Q1 with net earnings of 36.5 mln
EconomyBankinglosses rose by 1 percent QoQ and 7.5 percent year-on-year to 188.2 million, corresponding to a cost... increased. The phased-in Common Equity Tier 1 (CET1) ratio stood at 17.3 percent in Q1 with the fully-loaded... of around 20 bps on capital ratios. The management also said that the bank’s international assets are due
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Tsipras tries to resolve trash row as opposition goes on offensive
PoliticsGreek Politicsregarding the Noor 1 drug smuggling case. Kammenos responded in Parliament on Monday to questions from... - the captain of the Noor 1 cargo ship seized with around 2 tons of heroin on board in 2014, had... the matter. Georgiadis even warned the minister that he could face up to 20 years in jail if it is proved
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ESM approves next bailout tranche, providing Athens with some relief
PoliticsGreek Politicsbillion euros of bonds which are held by the European Central Bank and mature on July 20... that the second payment would "be made after 1 September 2017 subject to Greece making significant... Panos Kammenos’s intervention in the Noor 1 drug smuggling case and comments made by Finance Ministry
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Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomyto May, to total 1 million in June. The labour force rose slightly to 4.8 million in June... along with a rise in those employed by 87,099. Non-seasonally adjusted (NSA) unemployment fell to 20... at 961,000, going below the 1 million mark for the first time since October 2011. Those employed rose
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EC sees lower growth in 2017 but no concerns for fiscal targets
EconomyMacroeconomyat 20.4 percent in 2018 and below the 20 percent mark in 2019, at 18.7 percent. Inflation will be above 1... 2017 that include 1 percent of GDP in pensions savings. According to the Commission, this combination
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