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PM sets out modest promises for 2025 as internet safety campaign fails to impress opposition
PoliticsGreek PoliticsFollowing a difficult year for the governing party, PM Kyriakos Mitsotakis attempted to set... as a make-or-break year in which it must prove its mettle on the economic front and dispel the second..., and bleed support among middle-class voters and conservative constituencies. In his New Year’s
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Newsletter 495 - 20/02/2026
to publish Q4 and full‑year 2025 GDP data in a few days, while the budget execution for last year... to deliver on that consensus. The main components that will determine last year’s performance remain private... year as the authorities see it at 5.7 pct. The trade balance will also play a key role, which based
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Newsletter 511 - 03/07/2026
% this year - an undesired development for the PM’s office, which at the start of the year hoped... in the 2022–2025 period were the main driver behind excess fiscal performance, reaching 9.5% of GDP last year... dropped by over 2 points compared to May last year, standing at 5 pct, while youth unemployment
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Alpha Bank posts net profits of 41 mln in Q3, discloses NPE reduction targets
EconomyBankingin the corresponding period last year dragged by high impairment losses. Similarly to the other Greek banks that have... from 52.6 percent a quarter ago, while the cash coverage ratio stayed flat QoQ at 49 percent... costs. The 9-month figure fell 1.3 percent from last year to 841 million with the bank stressing
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Our most popular stories in 2014
Agoraquality analysis in 2015. We wish you all a healthy and happy New Year. We remind you that we offer..., not last year when it was incorporated into a wider property levy. During the two years in question... the Council of State, which last year deemed the emergency tax to be legal but said
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankinginvestment. Regarding the exposure of Greece’s four systemic banks to the tourism sector, in its full-year... in the hotel industry. Two hundred million will be dedicated to the two-year freezing of capital installments... a successful comeback in 2021. Piraeus Bank’s full year report showed that it had loans of 4.3
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Newsletter 505 - 22/05/2026
institution to confirm that the unresolved Iran conflict will be a key factor shaping this year’s...% in November, slowing from last year’s 2.1%. Growth next year is expected to slow further to 1.6... position, with the budget expected to post a total surplus of 0.8% of GDP this year and 0.6% in 2027
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Hirings balance positive by 6,556 in September but momentum slows down year-on-year
EconomyMacroeconomywas registered. Compared to the same month last year, there were 10,572 less hirings during September this year... for the year so far, and revealed that the majority of firings were layoffs rather than voluntary... as the new school year gets under way and the tourism season begins to wind down. In the aggregate
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Alpha Bank nine-month profits at 110.3 mln, NPL ratio at 33.6 pct
EconomyBankingthe previous year. The net interest margin (NIM) remained almost flat at 2.7 percent QoQ, reflecting a loan... billion last year. The two figures are not comparable, since they include negative goodwill of 3.28... gross loans. The non-performing loan (NPL) ratio remained flat QoQ at 33.6 percent with consumer credit
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyfor the service sectors. The flash estimates also showed that GDP contracted by 0.5 percent year on year (YoY) in Q1, decelerating from the drop rate of 1.1 percent growth posted in Q4. The Q1 rate also represents the second straight negative reading. Moreover, GDP at current prices stayed flat QoQ
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