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  1. ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks

    EconomyProgramme

    net for vulnerable home owners as a permanent solution. In addition, the ECB suggests that the Greek.... For tackling the humanitarian crisis, the ECB would favour the development of a social safety net..., this safety net could also involve prohibition of auctions targeted at vulnerable households

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  2. Athens Stock Exchange ends week on a low, banks lose 9.7 pct

    Economy

    , Terna Energy posted a sharp rise in net profits to 12.2 million in Q1 from 3.6 million last year also... a much higher increase by 25.8 percent to 29.3 million. GEKTERNA's bottom-line turned to net profits... by 40 percent to 227 million. Ellaktor net losses reached 16.7 million in Q1 from profits of 1.7 million

    2%

  3. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    of other medium- and long-term debt of 5.5 billion 4) Net redemption of T-Bills of 2.3 billion Including... billion. To find out the net financing needs, we should also take into account several other factors... suggested Greece’s net funding needs would reach at 51.9 billion by the end of 2018. However

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  4. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    displayed non-financial corporations posted net inflows of 702 million, while households withdrew a net amount of 199 million. Following the net inflows of around 1 billion in the last two months

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  5. Credit contraction slows to 1.5 pct in Sept on marked drop in corporate loan deductions

    EconomyMacroeconomy

    to 96.59 billion, while the monthly net deductions are the lowest over the past three months. Since... in September with balances reaching 95.09 billion euros. Net deductions slipped to 237 million... in January 2011 and remains in contraction since then with cumulative net deductions of 36.3 billion, while

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  6. Weak banks drag Greek stocks down by 6.5 pct during week

    Economy

    million. Corporate news Ellaktor posted on November 30 Q3 net losses of 35.6 million euros from profits... results with net profits at 4.5 million euros from 0.8 million a year ago. Sales rose by 43.8 percent to 49.9 million, while EBITDA surged 82.6 percent to 28.5 million. GEK TERNA also reported net losses

    2%

  7. General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    by 676 million in the fourth quarter of 2015, arrears posted a net increase by 1.56 billion...-sectors posted an insignificant net change within 2015. In particular, Tax refunds’ arrears landed... and a net increase of 2.5 billion in EFSF/ESM/IMF loans. The latter includes the return of 10.9 billion

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  8. Greek stocks surge 9 pct, up for third successive week

    Economy

    Eurobank posted on Wednesday a net loss of 175.3 million euros in the fourth quarter (Q4) reflecting improved quarter on quarter (QoQ) net interest income, marked rebound of fee income and higher loan impairments. On Thursday, Alpha also reported a net loss of 533.1 million euros on the back

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  9. Newsletter 70 - 15/04/2016

    Newsletters

    document estimates net savings of 2.5 percent of GDP are required to achieve a much lower primary surplus... a record low of 692 in absolute terms. Net hirings in March The employment balance showed net

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  10. Newsletter 73 - 13/05/2016

    Newsletters

    38 months. Housing and transport prices, which fell by almost 5 percent, fuelled April’s drop. Net hirings up in April Greece saw net hirings of 90,631 in April, up by 10,408 compared... of 124,545 departures. The biggest positive contributors to net hirings were accommodation (+46,086), food

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