Bloomberg reporter covering Greek economy, banks, politics, serious stuff. Views my own and retweets are probably the baby eating the phone.

Euro-Area Economy Shrinks Most Since Depths of Recession

Euro-Area Economy Shrinks Most Since Depths of Recession
bloomberg.com — The euro-area recession deepened more than economists forecast with the worst performance in almost four years as the region's three biggest economies suffered slumping output. Gross domestic product fell 0.6 percent in the fourth quarter from the previous three months, the European Union's statistics office in Luxembourg said today.

Greeks Get No Retail Therapy as Austerity Hits Pockets: Chart

bloomberg.com — Greece retail sales posted a 7.3 percent annual drop in February, the biggest decline since July. Back then, bank closures, capital controls and a referendum culminated in a new bailout deal that stabilized economic sentiment.

Greek Budget Numbers Boost Government Position in Bailout Talks

Greek Budget Numbers Boost Government Position in Bailout Talks
bloomberg.com — Greece's case that it doesn't need to find additional budget savings got a boost from new data showing the country outperformed the targets set under its bailout program. The country posted a budget deficit before debt service costs of 3.4 percent of gross domestic product in 2015, compared with a surplus of 0.4 percent the previous year, according to Eurostat-approved data from the Hellenic Statistical Authority.

Euro-Area Prices Unexpectedly Stagnate in March After Revision

bloomberg.com — A renewed decline in euro-area consumer prices has proved short-lived after data for March was revised to show stagnation. The inflation rate in the 19-nation bloc was unchanged, the European Union's statistics office in Luxembourg said Thursday, revising an earlier reading of minus 0.1 percent.

Tsipras Seeks French Help to Release Money From Stalled Bailout

bloomberg.com — Greek Prime Minister Alexis Tsipras will seek help from French President Francois Hollande after talks between his government and its creditors failed -- again -- to produce the approval needed to release funds from his country's third bailout. Tsipras will meet his French counterpart in the Elysee Palace at 7 p.m.

Euro-Area Prices Drop for Second Month Before ECB Beefs Up QE

bloomberg.com — Euro-area inflation was negative for a second month in March, in data released on the eve of the European Central Bank's first day of expanded debt purchasing to fight deflation. The consumer price index in the 19-nation bloc fell 0.1 percent from a year earlier after a 0.2 percent drop in February, according to data published Thursday.

National Bank of Greece Bumped Off 175-Year Top Ranking: Chart

National Bank of Greece Bumped Off 175-Year Top Ranking: Chart
bloomberg.com — Piraeus Bank SA emerged from full-year earnings as Greece's biggest commercial lender by assets, taking over from National Bank of Greece SA, which held the top spot through its 175-year history. Piraeus, which was in fourth position at the onset of the country's financial crisis in 2009, has more than trebled in size over the past decade as it acquired some of the country's smaller lenders.

You Might Not Find Greece's Next Crisis in the Bond Market

You Might Not Find Greece's Next Crisis in the Bond Market
bloomberg.com — If Greece ends up heading into another crisis, don't rely on an early warning from the nation's bond market this time. The country is grappling with an escalating influx of refugees, another deadlock over financing and more political unrest.

Greece Begins 2016 With Return to Falling Consumer Prices: Chart

Greece Begins 2016 With Return to Falling Consumer Prices: Chart
bloomberg.com — So much for the streak. Greece's inflation has turned negative again, with consumer prices falling an annual 0.1 percent in January, according to data on Wednesday. That reversed the December gain, which was the first positive reading since early 2013, driven by new sales taxes introduced as part of the country's third bailout in August.

Greek Economy Returns to Recession After Shrinking in Fourth Quarter

bloomberg.com — Greece entered a recession in the fourth quarter, ending a turbulent year with its economy back in the doldrums. Gross domestic product contracted 0.6 percent in the three months through December after shrinking a revised 1.4 percent in the previous quarter, the Hellenic Statistical Authority said in an e-mailed statement on Friday.
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May 05, 2016

RT @Alea_: "Nearly 80 percent of Reddit threads with more than a thousand comments mention Hitler" theverge.com/2016/5/5/11595…

May 04, 2016

RT @Matt5cott: COLUMN: After his Greece failure, we all wrote Ranieri off. But just look at what he had to contend with... insideworldfootball.com/2016/05/03/mat…#LCFCj0GXyIF #LCFC

May 04, 2016

RT @andrewmanganVO: Leicester win the league. Trump for President. Warm weather in Ireland. END OF DAYS STUFF twitter.com/EnglishRachael…

Apr 28, 2016

Much complacency on Greece. The "same story" refrain is like someone surviving two rounds of Russian roulette and deciding there's no bullet

Apr 28, 2016

@Brenda_Kelly I can see the dust on your keyboard from here! Or is that my screen?


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