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  1. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    in the participation of Capital Group in Eurobank’s share capital (by 118 million) partly offset by an inflow of 61 million from an increase in the participation of Fairfax in Eurobank’’s share capital. For the 3-month

    3%
  2. Greek negotiations: A marathon that has yet to run its course

    Agora

    negotiations have relocated from Athens and a temporary, alternative base in Paris to the Belgian capital... towards a framework agreement was determined without direct Greek involvement in the eurozone capital... contagion could spread from Athens to other capital cities, possibly gaining further momentum by expanding

    3%
  3. An impossible choice

    Agora

    July, after waking up on Monday to closed banks across the country and the introduction of capital... and member of the troika of institutions. The introduction of capital controls was not unexpected...” in capital letters in recent months, this treatment of senior citizens was an outright scandal

    3%
  4. Car registrations resume upward trend in August rising by 20.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    of capital controls and was the first negative reading since August 2013, while the rate of decrease... trend despite capital controls. In absolute terms, the number of road motor cars stood at 7,039... from customers to buy cars amid fears for Grexit or imposition of capital controls and deposit haircut

    3%
  5. S&P raises Greece’s rating by two notches in first upgrade since Sept 2014

    Economy

    its capital stock and create jobs, according to the rating agency. Despite the raise in ELA limit... of deposits without more credible and explicit guarantees to depositors. S&P does expect that capital controls will be lifted until the assessment of Greek banks’ capital requirements late this year

    3%
  6. Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    , when shares plummeted 23 percent. This was the first trading session after the imposition of capital... capital needs and the uncertainty surrounding their recapitalization, which would probably result... of capital controls with current estimates pointing to a recession of 2 – 4 percent, according

    3%
  7. Greek Q2 growth of 0.8 pct confounds recession forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    in the eurozone. However, the prevailing uncertainty and the imposition of capital controls resulted... relaxation of administrative measures on the banking sector (capital controls). Economy Minister Giorgos...) this year, yet some of them have not been updated after the imposition of capital controls in late June

    3%
  8. Athens bourse dives 10.54 pct on Monday, falling to lowest since June 2012
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    Index landed at 568.38 points, its lowest reading since June 18, 2012. Since the imposition of capital... the weakest link diving 22.7 percent today, extending the huge cumulative losses in the post-capital control period to more than 75 percent. Investors remain extremely concerned about their capital needs

    3%
  9. Greek stocks almost unchanged at end of roller coaster week

    Economy

    points on Friday with cumulative losses of 20.5 percent in the post-capital controls period. Bank shares... have lost two-thirds of their value amid heightened concerns regarding their capital needs... due to the capital controls. Corporate news This week was dominated by the announced of non-financial

    3%
  10. Car registration growth slows to 6.7 pct in September

    Economy

    before the imposition of capital controls in late June exceeded the 10,000-mark. The aggregate... of 23.9 percent was recorded largely due to the capital controls. Nevertheless, the positive trend... and increased interest from customers amid fears for Grexit or imposition of capital controls and deposit

    3%