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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight

Fri, 12 Aug 2016 11:43:00 GMT

for June balance of payments as well as quarterly unemployment and turnover indices for the service... in Q2 after a revised flat growth in Q1, while it increased by 0.8 percent YoY, after a drop of 0.8... contracted by 0.7 percent in the first half (H1) of 2016, while nominal GDP remained flat. In the course

Helped by trading gains, Eurobank posts 305 mln in Q1 profits

Thu, 26 May 2022 11:44:00 GMT

Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions

Have inflation "repay" Greek debt and growth reduce indebtedness

Fri, 14 Aug 2015 11:12:00 GMT

: “We are indifferent as regards a haircut if (a) we don’t have to repay those loans for a very, very... ways to skin a cat. To sum up the above concept: Greece would not have to repay official debt for 50

Greeks full of contradictions on ideology and political beliefs, study suggests

Tue, 14 Mar 2017 08:45:00 GMT

Greeks are a bag of contradictions regarding political ideology and views, with the majority believing “socialism” to be a more positive term than “capitalism” while, at the same time, espousing the classical characteristics of liberalism in valuing “freedom” over “equality”, a new, wide-ranging

CPI stays flat in December, falls by 0.8 pct in 2016

Wed, 11 Jan 2017 11:05:00 GMT

month. In addition, the goods’ index stayed flat, while the services’ index edged up 0.1 percent... in December after a short-lived drop of 0.2 percent in November. Prices of main groups of goods and services...), miscellaneous goods and services (-1.8 percent) and recreation and culture (-1.5 percent). In more

Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs

Thu, 01 Jun 2017 06:42:00 GMT

-on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following.... During the conference call, management reiterated that it expects NII to stay flat in the course... that 500 million of NPEs have already been assigned to CEPAL, the first NPL servicer licensed

Athens struggles with civil service evaluation, reduction of arrears

Wed, 09 May 2018 11:06:00 GMT

to repay its loans if given the appropriate assistance, likening it to the help Germany received... economies can fully repay rescue loans if the repayment obligations are stretched for a long time

The implications of Erdogan's referendum victory

Wed, 19 Apr 2017 09:37:00 GMT

is that the conservative nationalist ideology embraced by Erdogan and his AKP will further strengthen... amendment) as such a move would formally terminate Turkey’s already moribund accession talks

Current account surplus at 1.21 bln in September on services balance growth

Mon, 20 Nov 2017 11:29:00 GMT

, while liabilities under direct investment increased by 305 million. The BoG noted that the most... by 348.1 million euros year-on-year and was mainly driven by a rise in the services balance, which rose.... The services balance grew by 14.5 percent off improvements in all subaccounts, and stood at 2.76