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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingperiod a year ago, NPLs have declined by 2.2 billion euros. By segment, NPL formation in the wholesale segment increased by 142 million euros, and declined by 351 million euros in the retail segment
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Apartment prices up by 4 pct in Q1 for highest increase since 2007
EconomyMacroeconomyquarters of 2018 was 1.2 percent and 2.2 percent, respectively. The latest quarter’s increase... to -142 million in the previous month. This resulted in the household loan sector's balance falling
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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
EconomyBanking-on-quarter (QoQ) PPI increased in Q1 by 15 percent, from 142 million euros in Q4. Asset quality Following... of Cypriot NPEs worth 2.2 billion euros - the NPE was down to 12.8 percent by May this year, from 30.1
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Newsletter 487 - 05/12/2025
reaffirmed Greece’s strong fiscal delivery on its commitments. The outlook remains robust over... in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When
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RRF promise fades as growth outlook weakens
EconomyMacroeconomyfiscal delivery on its commitments. The outlook remains robust over the reference period, with minor... in place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3... - the macroeconomic estimates in the framework are cause for concern. When the RRF was first agreed
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomythat the Q4 QoQ rate was downward revised for the -0.2 percent flash estimate released on February 13... to 1.7 percent in 2015 and further to 2.2 percent in 2016. Investments Gross fixed capital formation... and resulting in a 2.2 percent rise in the full year figure. Note, though, that over the past six years
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GDP growth slows to 0.3 pct QoQ, investments underwhelm
EconomyMacroeconomy, which is in line with the finance ministry’s latest estimate for the year. Outlook According to the latest Finance Ministry estimates included in the final 2025 budget, the estimate for 2024 was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomylower than its November forecasts. Although the 2014 estimate is in line with the EC projection... sustainability is a bigger challenge, according to OECD, requiring robust growth in the coming years... percent in 2015. The updated forecasts are marginally better compared to the previous estimates
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Newsletter 142 -1/12/2017
Parties battle over arms deal Kammenos tries to escape the heat as opposition digs into agreement details The government has spent the week fighting off corruption allegations in connection to a botched deal to sell ammunition to Saudi Arabia, but it ma...
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