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

Bentley in Belgravia Shows Greece Is Good for Buyout CEO — Few financiers in London covet a job with a government-owned Greek bank. A glimpse of Pavlos Stellakis's Bentley or his townhouse in Belgravia might have changed their minds. For more than a decade, Stellakis has presided over a private-equity business for Greece's oldest and largest lender.

Euro-Area Economic Sentiment Unexpectedly Rises After Brexit — Euro-area economic confidence unexpectedly improved in July in a sign that the immediate impact on growth of Britain's surprise vote to leave the European Union may be muted. An index of business and consumer confidence rose to 104.6 in July from 104.4 the previous month, the European Commission in Brussels said on Thursday.

Greek Economy Grew in Second Quarter Despite Dragging Review — Greece unexpectedly averted a recession in the second quarter when the country and its creditors haggled over the release of bailout funds. Gross domestic product expanded 0.3 percent in the three months through June after shrinking a revised 0.1 percent in the previous quarter, the Hellenic Statistical Authority said in an e-mailed statement on Friday.

Apocalypse Delayed in Europe on Brexit Tale of Two Economies — The euro-area is shaking off the divorce. Economic confidence in the 19-nation region unexpectedly rose this month, indicating the immediate impact of Britain's vote to leave the European Union may be muted. The same may not be true in the U.K.

Greek Business Awaits Arrears Pay Down After Tax Squeeze: Chart — Greece's anticipated bailout loan disbursement this month will allow it to chip away at the 6.7 billion euros ($7.6 billion) of arrears to the private sector that had build up by the end of April.

In Greece’s Economic War of Attrition, Tsipras Counts on Peace — From street protests and collapsing governments to eleventh-hour deals and financial lifelines, Greece has gotten used to lurching from crisis to crisis during its endless economic meltdown.

Greece Running Out of Time for Quick ECB Waiver Reinstatement — Greece may be running out of time if it wants to restore regular European Central Bank refinancing lines for its banks as soon as this week. The ECB's Governing Council, meeting in Vienna on Thursday, will reinstate a waiver on the country's junk-rated debt only if auditors representing creditor institutions notify it of an agreement with the government on all pending prior actions, according to a Greek official.

Greece’s Financial Odyssey — Greece fought austerity and austerity won. When Alexis Tsipras, the brash young leader of a left-wing party, became prime minister in January 2015, he vowed to undo the economic medicine that shrank the country's economy by a quarter, saw more than a million jobs disappear and drove thousands of Greeks below the poverty line.

QuickTake Q&A: Balancing Relief for Greece With Payment Demands — Once again, the euro area and the International Monetary Fund are wrestling with how to get Greece to pay what it owes without crushing the economy. The country's creditors reached a deal Wednesday to keep the current bailout program -- the third since 2010 -- flowing, while putting aside the thornier issue of how much to ease the burden.

Euro-Area Industrial Production Unexpectedly Drops in March — Industrial production in the euro area ended the first quarter with a second monthly drop, weakened by falling output in consumer goods and capital goods. Output declined 0.8 percent in March from February, the Eurostat statistics office in Luxembourg said on Thursday.
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Aug 31, 2016

RT @spignal: "Now I've written the whole thing: for Christ's sake give me a drink". Great notes in medieval manuscripts' margins 

Aug 31, 2016

RT @seamuscoffey: One consequence of #AppleTax ruling is that the 26% GDP growth rate will be revised away. Instead we'll see 6%-8% each year from c.2010 on.

Aug 30, 2016

RT @LorcanRK: The entire Commission ruling on #Apple is well worth a read - pretty damning; hard to see how Ireland can fight it 

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