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Newsletter 256 -03/07/2020
requirements for new arrivals sparked a renewed debate on what is increasingly seen as a trade-off between... and construction begin to show recovery Greece’s economic sentiment (ESI) fell by 0.9 points month... in May. Compared to May 2019, the ESI has decreased by 15.1 points. The EU average ESI stood at 75.7
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Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued improving in November, rising by 1 point month-on-month... from 90.7 points in January. Since the start of the year, the ESI has increased by 21.6 points... the pandemic when it stood at 113.2 points. The EU average ESI stood at 116.5 points, dropping by 0.9
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingone-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent
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Tsipras holds off on reshuffle, suggests no way back for rebels
PoliticsGreek PoliticsPrime Minister Alexis Tsipras put off plans for a reshuffle on Thursday and may delay changes to his cabinet until next week, when a second set of measures demanded by lenders are due to be voted through Parliament. Tsipras is said to be discussing with his aides whether to replace just the five
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Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
EconomyBankingby Eurobank kicks off a round of consolidation of Greek banks’ subsidiaries abroad and further
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No further damage for Tsipras in second vote as SYRIZA stand-off continues
PoliticsGreek Politicsat the end of the debate that she would be the first to shake off this reticence. She spoke
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Stand-off within SYRIZA to continue as Konstantopoulou stands firm
PoliticsGreek Politicsand implement (the speaker referred to it as “blackmail” and a “coup”) this awkward stand-off cannot
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Embarrassment for New Democracy as leadership vote called off due to IT problem
PoliticsGreek PoliticsNew Democracy called off its leadership election on Sunday morning after technical difficulties prevented party supporters from being able to cast their ballots. The problem was blamed on the IT company responsible for overseeing the voting process but is a major embarrassment for the party
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Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership
PoliticsGreek Politicsthe former leader as a clear favourite for the run-off vote in January but with Mitsotakis some
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After dire 2015, Greek stocks get off to rocky start in 2016
EconomyGreek shares started the year with losses of 7.2 percent this week amid the turmoil that prevailed in the global markets largely due to worries related to the Chinese economy and geopolitical concerns. The sell-off was mostly evident on Thursday, when the domestic market tumbled 4.35 percent
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