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  1. Central govt debt rises again in Q4, reaching 388.3 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    (over 5 years) debt made up 74.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 14.6 percent and 10.8 percent respectively. Greece’s cash deposits

    13%
  2. The Parable of the Populists and the Contemplatives
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    to pay for it at all. This is the new “Green economy.”[1] The kids and the Contemplatives are a bit.... [1] As we write this blog in early 2022, crude oil and natural gas prices are going up everywhere

    13%
  3. PM stands by Ukraine decision, feels vindicated on defence and foreign policies

    PoliticsGreek Politics

    that the next increase to the minimum wage, after the 2 pct rise on January 1, is due on May 1

    13%
  4. Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
    Photo by MacroPolis

    EconomyBanking

    expenses dropped by 1.5 percent in 2021 to 1 billion euros. Loan loss impairments dropped by 62.1... of the bank’s TLTRO III borrowing allowance. Capital The Common Equity Tier 1 (CET1) ratio for 2021

    13%
  5. Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
    Photo via https://flic.kr/p/2b9vcaC

    PoliticsGreek Politics

    Transition Fund which has so far been used to fund the measures. At 1 bln euros, the fund, which... January has now plateaued at 364, while hospital admissions with Covid outnumber discharges by 1.8 to 1

    13%
  6. Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    2021, 7.2 billion euros of Sunrise 1 in Q3 2021 and 2.7 billion euros of Sunrise 2 in Q4 2021... to 11.2 percent pro forma for share capital increase of 1.4 billion euros carried out in Q2. Tier 1 ratio

    13%
  7. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    is lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1

    13%
  8. Newsletter 337 - 13/05/2022

    Newsletters

    generators and retail suppliers – made a little short of 1 billion euros of additional profits during... that was introduced on May 1. The latest industrial production data for February shows that production

    13%
  9. Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
    Photo by MacroPolis

    EconomyMacroeconomy

    -term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 17 percent and 9.4 percent

    13%
  10. Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets

    PoliticsGreek Politics

    that Greece can expect to secure around 1 billion euros in grants and 5 billion in grants from... homes by 2029. Covid One of the last remaining Covid restrictions is due to be lifted on June 1

    13%