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  1. Defence spending, economic support plans dominate PM's policy speech

    PoliticsGreek Politics

    jobs, many of which had been trailed for weeks in the local media. The key interventions include a 3... suggested that the new support measures require 3 billion euros, which is the same amount that Greece

    9%

  2. Newsletter 270 -23/10/2020

    Newsletters

    high infections. These are considered Category 3 areas. Those in Category 4, such as Kozani..., are at the epicentre of the latest outbreaks. Starting on Thursday, Thessaloniki was upgraded to level 3 on Greece’s

    9%

  3. Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
    Photo by MacroPolis

    PoliticsGreek Politics

    climbing to 200 pct. The primary deficit will be at 3 pct of GDP, and the general government deficit... already, such as the 3 percentage point reduction in social insurance contributions and the suspension

    9%

  4. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    the total EU flow to 5.51 billion euros. Private consumption is expected to grow by 3 pct in 2021... interventions include the reduction of social insurance by 3 percentage points, which will have a fiscal

    9%

  5. Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
    Photo by MacroPolis

    EconomyProgramme

    amongst member states. Inflation was assumed at 2 pct by 2030, the interest rate assumptions average 3... nominal growth of 3 pct and higher risk premium reflected in Greece’s refinancing rate. Even

    9%

  6. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    ). Net Interest Income (NII) in 9M came to 1.11 billion showing an increase of 3 percent YoY.... In Q3, NII reached 380 million, higher by 3 percent QoQ. Asset quality NPEs fell by around 600 million

    9%

  7. Greece maintaining investors' interest, EY survey finds

    EconomyFeatures

    as being part of their future investment plans. Sweden and Spain attracted 3 and 4 percent... by Ireland and Hungary (3 percent), and comparable to the percentages of countries such as The Czech

    9%

  8. Newsletter 278 -14/12/2020

    Newsletters

    Greece bank. 2 Wages index up by 3 pct YoY in Q3 Quarterly figure shows drop of 1.5 pct versus Q2 Greece’s seasonally adjusted (SA) Wages Index turned positive by 3 percent year-on-year (YoY

    9%

  9. General govt primary cash deficit of 13.75 bln in November, arrears drop by 302 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    (-22 million), SSFs (-9 million), state budget (-3 million) and extrabudgetary funds (-3 million

    9%

  10. Finance Ministry grapples with escalating cost of pandemic

    Economy

    monthly cost of lockdown measures to “over 3 billion euros”. Staikouras said 67 pct of all retail... the initial estimates to 3 billion euros for the first four months of the year, by adding 500

    9%