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Business transformation brings profit of 243 mln euros for Alpha Bank in H1
EconomyBankingmillion euros in Q2, up by 7 percent QoQ. The net interest margin was 1.6 percent in H1. Net fee... the full utilisation of the bank’s TLTRO III borrowing allowance. Capital The Common Equity Tier 1
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Surveillance scandal claims mount, ratcheting up pressure on PM
PoliticsGreek Politicsstate licensed Predator for 7 million euros and agreed to pay another 150,000 euros for each 10... dropped by more than 1 percentage point since last month. According to GPO, New Democracy is on 31.6 pct
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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek Politicsthat the minimum wage would be raised on April 1, a month earlier than scheduled. The announcement came after... 25s. There is also the option to raise it by up to 7 pct, in line with the recent pension rises
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Newsletter 366 - 20/01/2023
at the start of the year the execution of half of the debt strategy for 2023, which envisages 7 billion..., interest payments are seen 1 billion euros higher at 6.13 billion euros, which partly is attributed
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyinterconnector” could be operational in 7 to 8 years. Cooperation in energy is seen by both Athens... the Greece-Egypt-Cyprus and Greece-Egypt-Cyprus-France cooperation schemes, the "3+1",” Dendias
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomyfrom April 1. The data captures the improved conditions in the Greek labour market: Since May 2019... this year were up by 7 pct, largely incorporating the rise in minimum wage for some half million
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CPI resumes upward trajectory in July, food inflation at 12.3 pct
EconomyMacroeconomy12-month period in July increased by 6.2 percent, from 7 percent in the previous month. Month-on-month... annually, from 2.8 percent in June. Month-on-month, the HICP was down by 1 percent. In July, the annual
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Industrial production stays in contraction for third successive month in Aug
EconomyMacroeconomywas led by electricity supply falling by 7 pct, while mining was up by 13.3 pct. Water supply rose... in electricity supply, partially offset by 1 pct drop in water supply. According to the European
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Newsletter 397 - 13/10/2023
in the eurozone, with Germany even contracting by 0.5 pct this year, France growing by just 1 pct and Italy... supply falling by 7 pct, while mining was up by 13.3 pct. Water supply rose by 2.3 pct
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SYRIZA and PASOK join forces to pressure govt as polls show gap between them narrowing
PoliticsGreek Politicsless than 1 point behind them at 12.7 percent, up from 11.8 percent in September. Communist party... percent who name SYRIZA’s Stefanos Kasselakis and 7 percent who opt for PASOK’s Nikos Androulakis
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