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Opposition takes aim at cost of living
With the cost of living continuing to be named by Greek voters as their top concern, the main opposition party SYRIZA has tabled draft legislation aimed at suppressing inflation and tackling profiteering.
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Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
Greece’s seasonally adjusted (SA) unemployment rate moved closer to the 10-percent mark again in March, landing at 10.2 percent, from 11.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
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NBG shows strong profitability growth of 38 pct YoY in Q1, with 606 mln NII
National Bank of Greece (NBG) reported a core profit after tax of 320 million euros in Q1 2024, compared to a profit of 220 million euros in the same quarter of 2023, a significant rise of 45 percent year-on-year (YoY).
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Politics
Mitsotakis uses justice reform as election rallying cry in aftermath of Mati verdict
With the verdict of the Mati trial still fresh, Prime Minister Kyriakos Mitsotakis sought to rally public sentiment behind his justice reform bill, before confronting the opposition on a wide array of campaign issues in the upcoming EP elections.
Mati fire verdict prompts legal blame game as PM pledges swifter justice
Athens wary of implications from Erdogan's cancelled trip to Washington
Economy
Manufacturing continues to expand in April, firms remain optimistic
Greece’s Manufacturing PMI remained in expansion in April, though it dropped to 55.2 points from 56.9 points in March, according to S&P Global data released on Wednesday.
Piraeus Bank net interest income jumps by 16 pct to 518 mln in Q1, commission income up 19 pct
Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
Society
Inequality rises marginally in 2023, with 1.9 mln Greeks at risk of poverty
The two main metrics of income inequality in Greece were released by ELSTAT in its 2023 survey on Wednesday, suggesting that the picture remained broadly stable, based on the 2022 income reference year, with small increase in both.
Workers lost almost 9 pct of real income last year, research shows
Latest census data shows demographic challenge is here as population shrinks, ages
Agora
Podcast - Whose property? Greece’s housing challenges
After going through a really difficult time during the country’s long economic crisis, the Greek property market is booming, but that's creating a whole new set of problems.
Can the Green Transition be just?
Podcast - How much is Greece getting out of the RRF?