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  1. PM pledges more support as he seeks to resist inflation, pandemic threats
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    1, although he did not speculate on the number. Government sources had already indicated that the rise would be much higher than the 2 percent increase adopted on January 1. Nevertheless, Mitsotakis

    7%

  2. 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

    7%

  3. 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

    7%

  4. 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

    7%

  5. 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

    7%

  6. 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

    7%

  7. 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

    7%

  8. 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

    7%

  9. 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

    7%

  10. 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

    7%