Edition:
United Kingdom

Lefteris Papadimas

UPDATE 1-Greek banks NBG, Alpha turn profitable in third quarter

29 Nov 2018

* Alpha reports profit of 41.1 mln on lower provisions, trading gain (Adds details, CEO comments)

EU Commission clears Greek budget, but sees need for speedy reform

21 Nov 2018

ATHENS The European Union's executive gave the thumbs-up to Greece's first post-bailout budget on Wednesday, but said the country had to speed up reforms to qualify for any future disbursements under debt relief measures.

UPDATE 1-Greece's slow reforms may delay return of bond profits - sources

20 Nov 2018

Athens, Nov 20 Greece is at risk of missing a first tranche of ECB profit returns on Greek bond holdings due to delays in the pace of privatisations despite over-performance on its fiscal targets, sources told Reuters on Tuesday.

Greece's slow reforms may delay return of bond profits - sources

20 Nov 2018

Athens, Nov 20 Greece is at risk of missing a first tranche of ECB profit returns on Greek bond holdings due to delays in the pace of privatisations despite over-performance on its fiscal targets, sources told Reuters on Tuesday.

Greece working on plans to help banks tackle bad debt mountain - sources

13 Nov 2018

ATHENS Greece is working on at least two different plans to provide asset protection to help its banks offload sour loans, bankers and sources close to the matter said on Tuesday.

Greece working on plans to help banks tackle bad debt mountain - sources

13 Nov 2018

ATHENS, Nov 13 Greece is working on at least two different plans to provide asset protection to help its banks offload sour loans, bankers and sources close to the matter said on Tuesday.

Greece unveils 2019 draft budget, hoping to avoid pension cuts

01 Oct 2018

ATHENS Greece on Monday unveiled next year's budget draft, aiming to attain a bigger primary surplus than that agreed with its international creditors, projecting that economic growth will pick up to 2.5 percent.

Greek pension cuts in balance as EU/IMF inspectors visit

12 Sep 2018

ATHENS Hopes in Greece that it will have fiscal leeway to cancel unpopular pension cuts due next year are in the balance, sources said on Wednesday, as the first inspection visit by its former lenders since it exited its bailout began.

Greece ends bailout odyssey but Athens not in festive mood

20 Aug 2018

ATHENS Greece emerged from the biggest bailout in economic history on Monday after nine years of creditor-mandated austerity, with European institutions hailing the exit a success but jaded Greeks finding little reason to celebrate. | Video

Greece ends bailout odyssey but Athens not in festive mood

20 Aug 2018

ATHENS Greece emerged from the biggest bailout in economic history on Monday after nine years of creditor-mandated austerity, with European institutions hailing the exit a success but jaded Greeks finding little reason to celebrate. | Video

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