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ND appears on track for election goal, opposition labouring
Three opinion polls published on Thursday suggest that, despite its recent difficulties, New Democracy is cruising towards a comfortable victory in the European Parliament elections and that Prime Minister Kyriakos Mitsotakis will likely achieve his goal of gaining around 33 pct, the same as the conservatives won in the last Euro vote five years ago.
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Eurobank net profit jumps by 80 pct to 287.2 mln in Q1
Eurobank posted a net profit of 287.2 million euros in Q1, compared to 159.4 million euros in the same quarter of 2023, a jump of 80.2 percent.
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Alpha reports 211 mln profit in Q1 as NII reached 420 mln
Alpha Bank reported a net profit of 211 million euros in Q1 2024, compared to a profit of 111 million euros in the same quarter of 2023, a solid rise of 90 percent.
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Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010
Road motor vehicles going into circulation for the first time grew by a strong 36.3 percent year-on-year (YoY) in March, after a contraction of 9.2 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.
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Politics
Resurfacing of Prespes Agreement troubles PM as poll picks up on protest vote
The renewed focus on the Prespes Agreement has reignited divisions within New Democracy and put Prime Minister Kyriakos Mitsotakis on the spot as he battles criticism from parties on both left and right.
PM burnishes conservative credentials with focus on day-to-day issues, law and order
Poll numbers encouraging for Mitsotakis and Kasselakis on road to EP vote
Economy
Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
The budget primary balance recorded a surplus of 3.25 billion euros in April, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
EC makes minor adjustment to growth forecast, at 2.2 pct for 2024
Import price index up by 1.3 pct YoY in Mar for first rise in 13 months
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?