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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingincome (PPI) declined by 12 percent quarter-on-quarter (QoQ) to 188 million. When excluding one-off... stood at 196 million euros. Excluding one-off items, PPI for the same quarter last year remained... was improving and that further sales were on track, including one worth 2 billion euros. “The rebound
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Newsletter 313 - 22/10/2021
during a TV interview that any prospect for a one-off bonus to low earners and pensioners is out... to be contained The institutions pointed out in the talks that Greece has already handed out one... the Stability and Growth Pact revision kicks off in Europe. The European Commission launched this week
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Greek fiscal deficits and debt since 2000
Agoraare constantly talking to one-another and to Eurostat to agree on what operations, and when, go... it off) in different debt restructuring operations and allowed Greece to swap sovereign obligations... write-off in history to date. Further, Greece was allowed to pay less interest than it would have
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Newsletter 325 - 28/01/2022
blocked, commuters being stranded, electricity to thousands of households being cut off and Athens... of the so-called “executive state”. One of the main election pledges made by Mitsotakis was that he...’s full backing this week, but was one of several ministers that the opposition parties pointed
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Newsletter 336 - 06/05/2022
and businesses from having their electricity cut off if they are unable to pay their bills because of the so...+’ with a stable outlook, just one notch from the investment grade, which the government has set as a national target to be achieved by the second half of next year. DBRS had also moved Greece to one
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Newsletter 351 - 16/09/2022
reading: “Diligence, continuity, stability”, Mitsotakis set out a total of 21 interventions, one-off... to be a challenging winter. The short-term measures include a one-off 250-euro “inflation cheque” for 2.3... to set the tone for the upcoming elections by suggesting that the key issue for Greek voters will be one
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Newsletter 357 - 04/11/2022
this week fending off more unwanted attention regarding the surveillance scandal, a matter New Democracy... was not the only one to benefit from the state-owned postal operator’s outsourcing. In a social... of the year, and rather optimistically just one billion euros is set aside for next year, in hope
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ND doubles down on tax as leaders target weak spots on electoral map
PoliticsGreek Politicstaxation. The leftists claimed that ND’s emergency support measures, which used one-off levies from..., repeated by Skertsos, that VAT cuts will not get passed on to consumers is one that critics have used... revenues over and above that amount were paid by the well-off. Theocharis was later forced to acknowledge
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ND targets eye-catching wins in local elections as SYRIZA officials agree tentative truce
PoliticsGreek Politicspct to be elected immediately. Otherwise, a run-off vote is held the following Sunday between the two... not a considerable one and certainly not to the benefit of main opposition party SYRIZA. According... that his lead could be overturned in a run-off vote even though the Athens mayor has been frequently
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Newsletter 410 - 02/02/2024
colleagues move quickly in the hope of preventing a serious stand-off with what is a key... for the current protests. One of the main arguments being made by the farmers is that the compensation payments... their electricity bills cut off in the case of bills being unpaid. The Environment and Energy Ministry
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