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  1. Newsletter 190 -18/01/2018

    Newsletters

    billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros

    8%

  2. Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 44.20 billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros

    8%

  3. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    Budget. The state paid 611 million euros in compensation to lessors due to decreased rents; 155

    8%

  4. Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    611 million euros in compensation to lessors due to decreased rents; 155 million euros for the grant

    8%

  5. Credit growth stable at 0.9 pct in Oct, led by lending to corporates
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    by 148 million, following positive by 611 million euros in the previous month, taking the balance

    8%

  6. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717

    8%

  7. Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in Attica (611), in line with the historical trend, and the smallest number of permits were issued

    8%

  8. Greece steps up effort to bolster relations with Iran
    Photo by Iran Ministry of Foreign Affairs http://en.mfa.ir/

    PoliticsForeign Policy

    program with the West, which will lead to the end of sanctions against Tehran. Bridging role The Greek government aims to play a “bridging” role between Iran and the EU and with the West in general... and the West is a rather ambitious taking into account the size of the country and the fact

    8%

  9. Opinion split in Athens over best outcome in Turkish elections
    Photo by UNAOC via Flickr https://flic.kr/p/8avo4T

    PoliticsForeign Policy

    government would “reconsider its approach toward the West.” Mitsotakis added that he is willing to speak... towards authoritarianism and away from the West, the stasis in Greek-Turkish relations will be prolonged. Those who subscribe to this belief are concerned, though, that if Turkey moves towards the West

    8%

  10. From nice story to pulped fiction: Carney delivers reality check on rules-based order
    - Prime Minister Mark Carney and Mexican President Claudia Sheinbaum walk past historic murals at the National Palace. Photo: Lars Hagberg

    Agora

    many in the West clung to the idea of a prevailing liberal democratic order - even as the Iraq war... of the West hardened by the Iraq war, set Russia on a path to challenge the concept of a rules‑based order. Even after Crimea’s annexation in 2014, many in the West refused to acknowledge that the construct

    8%