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Moody΄s: Greek banks meet non-performing exposure targets, a credit positive Local banks including Piraeus Bank, National Bank, Alpha Bank, Eurobank and Attica Bank, which comprise around 97 pct of the banking system, have met their third-quarter 2017 targets for nonperforming exposures (NPEs).

Supplemental Memorandum of Understanding includes 82 prior actions

The document outlines all agreed policy actions, with no less than 82 key deliverables (prior-actions) the country needs to complete in the March-June period.

Greek annual inflation rate rose 1.1 pct in November

Greek annual inflation rate rose to 1.1 pct in November this year, from 0.7 pct in October and -0.9 pct in November 2016, the Hellenic Statistical Authority said on Friday.

Lagarde says restructuring Greeces debt essential

"A restructuring of Greeces debt is essential so that the future of the Greek economy can be sustainable".
NEWS

Turkey: Islamic State militant on trial for New Years Eve terror attack

Turkey: ΄Islamic State΄ militant on trial for New Year΄s Eve terror attackThe Uzbek national has confessed to firing indiscriminately at a crowd of revelers at a famous nightclub in Istanbul. He claimed a Russian operative of the "Islamic State" militant group ordered him to commit the attack.
POLITICS

Putin and Erdogan to discuss Trumps move on Jerusalem

Putin and Erdogan to discuss Trump΄s move on JerusalemThe two men agree that US President Donald Trumps decision to recognize Jerusalem as the Israeli capital is a bad idea. They will discuss what, if anything, can be done to counter the US move.
All news
 

Pavlopoulos to Erdogan: The Treaty of Lausanne is non-negotiable

The Treaty of Lausanne defines the territory and the sovereignty of Greece, and of the European Union, and this treaty is non-negotiable. It has no flaws, it does not need to be reviewed, or updated", he warned.

Tsipras: The Lausanne Treaty is the cornerstone of Greek-Turkish relations

"Erdogans visit to Greece was historic, as was the initiative taken by President Prokopios Pavlopoulos to invite him".

Moodys: National Bank to fully repay ELA funds in next two months

"The sale of National Banks subsidiaries in Serbia is credit positive for the bank, Moodys said".

State Dept: The US supports the sovereignty of Greece and Turkey

The response relates to comments by Turkish President Recep Tayyip Erdogan, who said during his visit to Greece on Thursday that the Treaty of Lausanne needs updating.

Dijsselbloem: The aim of the first memorandum was to rescue investors outside Greece

"There were mistakes in the first programmes, we improvised".

Tsipras: ECBs massive bond-buying program is no longer crucial for Greece

The Greek government no longer believes that stimulus from the European Central Bank is crucial for the economic recovery in Greece, Prime Minister Alexis Tsipras said to the CNBC.
USA
Donald Trump΄s Jerusalem decision sparks global outcry

Donald Trumps Jerusalem decision sparks global outcry

A meeting of the United Nations Security Council has been called after US President Donald Trumps unilateral decision to recognize Jerusalem as the capital of Israel. The US move has sparked fears of regional unrest.
EU
EU names and shames 17 countries in tax haven blacklist

EU names and shames 17 countries in tax haven blacklist

The European Union has named and shamed 17 countries on a new tax haven blacklist. But the blocs effort to crack down on tax avoidance has come under fire, with no EU member states included on the list.
EUROGROUP
Eurozone finance ministers pick Portuguese as their new leader

Eurozone finance ministers pick Portuguese as their new leader

Mario Centeno has been elected as the new Eurogroup president, with the finance ministers praising him for his balancing act between growth and budget discipline that earned him a comparison with football star Ronaldo.

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