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  1. Primary cash balance posts deficit of 46 mln at end of July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Friday. This year’s figure includes arrears’ repayments of 1.11 billion, of which 306 million... billion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion

    14%

  2. Budget primary surplus confirmed at 635 mln in June on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    tax revenues, which came to 3.94 billion and was off target by 306 million euros. Property tax

    14%

  3. NBG net profits decline to 8 mln in Q3, NPLs continue to fall
    Photo by MacroPolis

    EconomyBanking

    (PPI) fell by 9 percent quarter-on-quarter (QoQ) to 88 million. Core PPI came to 306 million euros... ) funding. NBG remains the only core Greek bank that is off ELA while retaining a liquidity buffer

    14%

  4. Greek fears about status of historic monastery complicate relations with Egypt
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsForeign Policy

    state property, allowing religious ceremonies under the bishop appointed by Presidential Decree 306... opposition to the project while last year there was tension off the island of Kasos due to marine surveys

    14%

  5. Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
    Photo by MacroPolis

    EconomyBanking

    expenses is largely owed to a one-off cost of 66 million related to the implementation of a voluntary... formation stood at -82 million from 267 million in Q3. The breakdown by segment showed the NPL

    14%

  6. NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
    Photo by MacroPolis

    EconomyBanking

    of trading and other income, which included a one-off gain of 150 million euros related to the sale... increased by 8 percent QoQ to 235 million, with the cost of risk rising to 267 bps from 246 bps in Q4

    14%

  7. SYRIZA gives up on "odious debt" write-off but not major debt relief
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    political goals the writing off of the "majority" of Greek debt. Stathakis's comment certainly appears... surplus target and to allow it to pay off its debt, despite lower servicing costs. This means that while the idea of writing off copious amounts of "odious debt" may have been killed off, SYRIZA's

    14%

  8. Off the isles of Greece
    Photo by Harry van Versendaal

    Agora

    with Greece found themselves fighting for survival off another Greek island, Farmakonisi. Some made... years ago. Twelve migrants, nine of them children, drowned off the Dodecanese islet. The Afghans... borders. This should not be forgotten. This week, 47 migrants were rescued off Samos. Varvitsiotis

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  9. Mitsotakis targets rivals as Androulakis tries to shrug off doubters
    Photo by MacroPolis

    PoliticsGreek Politics

    than enter into presumptive alliances. Victory, he argues, will come only when “every citizen hears

    13%

  10. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    of the late shipowner, announced a 25-million-euro grant to the Fire Service to buy new equipment..., it is not entirely without precedent. Forest fires are a regular summer event, and every year thousands of hectares... spending roughly 230 million euros every year since 1998 to fight forest fires. This is a lot of money

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