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  1. Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
    Photo by MacroPolis

    EconomyBanking

    dropped by 35 percent QoQ, as Q4 was burdened by one-off costs, while fell by 6 percent on a like... 2008 of 245 million, of which 232 million stems from the Greek market. The recorded improvement... for a 10 billion return of deposits in the Greek banking system by the end of year, with Piraeus expected

    5%

  2. Institutions prepare for Athens return, completion of fourth review

    EconomyProgramme

    concerns over the last few weeks that the Greek government is behind in the implementation of the 88... to give it greater security when it exits the programme. Coeure acknowledged that the Greek government... submitted by Tsakalotos at the meeting in the Bulgarian capital, ticking off one of the key

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  3. ND defends economic pledges as Kammenos repeats walkout threat
    Photo via @neadimokratia

    PoliticsGreek Politics

    started recovering from the crisis by easing the burden on the worst off and restoring the rights.... If the agreement reached between the Greek prime minister and his counterpart from the Former Yugoslav Republic... by the end of January. The indications from the Greek government are that the agreement

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  4. New details reveal what may have led to discrepancy in Athens Airport concession price
    Photo by MacroPolis

    EconomyFeatures

    with the shareholders of the AIA ,which are split between the Greek state (55 percent), the Canadian... for the concession to be lenghtned. DG Comp will then have to sign off. The contract is expected to be ratified in the Greek Parliament by the end of the year. The government is targeting around 2 billion euros

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  5. Business leaders set out steps to attract skilled Greeks as govt offers wage subsidies
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    , this flight also reflects structural weaknesses in the Greek economy,” the report says. It notes... would introduce valuable new skills and knowledge currently missing from the Greek economy. Among the 20..., and the development of spin-off companies, by universities or research institutes. Other measures include

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  6. BoG highlights how Covid-19 compounds legacy issues and structural challenges
    Photo by MacroPolis

    Economy

    the numerous challenges that the pandemic will pose on the Greek economy, public finances and the banking... to endure external economic pressure via trade and tourism. The BoG notes that the Greek economy.... This is forcing banks to hold off plans for further securitisations and the BoG expects the first

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  7. PMI growth slows in Feb amid myriad challenges for manufacturing sector
    Photo via https://flic.kr/p/2cpZuTE

    EconomyMacroeconomy

    this was the slowest improvement in overall operating conditions for Greek manufacturers since last... and as such input prices continued their sharp rise. "Greek manufacturers signalled a pick-up... drop off in growth of domestic and foreign client demand. Nonetheless, firms continued to expand

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  8. Mitsotakis sets May 21 election date, eyes opposition MPs as potential allies

    PoliticsGreek Politics

    a parliamentary majority at the upcoming elections. At a cabinet meeting on Tuesday morning, the Greek... place by the beginning of July. The first Sunday of that month, July 2, is seen as the cut-off point... a few from the ultra-nationalist Greek Solution to take him over the 150-seat mark. Complex process

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  9. Raging fires and deaths force government onto defensive, create dangerous mix

    PoliticsGreek Politics

    In a bid to fend off the growing political criticism it has suffered as wildfires batter the country, the government has pledged to hold a leaders’ debate about how the Greek authorities have dealt... been shared on social media by the leader of the ultra-nationalist Greek Solution, Kyriakos Velopoulos

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  10. Diplomatic tension over refugee crisis grows as Greece protests to Austria
    Photo via Flickr https://flic.kr/p/iLShLv

    PoliticsForeign Policy

    to a report in TA NEA newspaper, which has been confirmed by Greek diplomatic sources, Ankara has raised... their own restrictions. So, the scenario of a de facto sealing off the borders is emerging, especially..., the Greek government has also decided to take up some diplomatic initiatives to approach the Western

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