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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBanking, falling by more than 13 percent, or 12.6 billion, from the 94.4 billion figure at the end of 2017..., representing 22 percent of NPEs, however more than 67 percent of these loans have not been serviced for more than one year. The equivalent statistic for mortgages that have not been serviced for one year
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeatures) households’ disposable income fell by more than a third between 2010-2016 and has shown only... portion of them will have ended up lower down the scale due to lower incomes rather than exiting.... In most cases, the increases were steeper under SYRIZA than their predecessors. Households in the 5,000
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Learning the lessons of Greece's toxic decade
Agoraof fiscal data to make Greece’s public finances look worse than they were. The rationale behind the accusation was that the deficit of 2009 was intentionally inflated to make it worse than Ireland’s... in close to 10 billion euros in revenues from increased economic activity, and more than 4 billion
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On lockdown: The moments that will remain
Agoraon the last few weeks and remember the peculiar moments rather than the tragic incidents. Unlike some.... Perhaps, though, it is the quiet that will remain with us more than anything else. Apart from a burst... attested to the introspection about lives that will be altered, rather than lost, due to this crisis
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Impact of inflation already widespread, but data suggests worse to come
EconomyFeaturesand most likely will last for longer than the government had hoped or planned for. A large part... speech at the Thessaloniki International Fair. The overall package over the last few weeks has more than... beverages were up by 3 pct year-on-year in October, led by an olive oil price increase of more than 22
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Newsletter 333 - 01/04/2022
35 pct of the vote, rather than around 38 pct under the scheme adopted by the conservatives soon... to spend up to 2 billion more this year than initially envisioned in this year’s economic plan. Staikouras... of the vote. This is five points less than in the 2019 elections and short of the roughly 38 pct it would
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Newsletter 391 - 01/09/2023
that more than 160,000 hectares of land have been burned since the start of the year, representing a 270... Observatory of Athens. By Thursday, more than 800 square kilometers of the Dadia National Park.... The prime minister claimed that despite the horrific record Greece had been better prepared than any
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Newsletter 404 - 01/12/2023
that he would not back such legislation and a few weeks ago, reports suggested that no more than 30... of support, the PM will withdraw the bill rather than face outright rebellion by a large section... of directing their fire at New Democracy rather than become embroiled in a battle with their former party
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Preventative medicine, support for vulnerable form backbone of ND healthcare package
PoliticsGreek Politicsdeliveries to their home rather than through visiting pharmacies. Kikilias then turned... to those with mental health problems through prevention, treatment and rehabilitation. He also said.... Structural problems New Democracy’s plan comes into effect in a healthcare system that was structurally
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E-commerce businesses report drop in sales due to Covid-19
EconomyFeaturesof respondents said that they were receiving significantly less orders than before. For all sectors reporting... problems and only 3 percent expected the epidemic to have no lasting impact on their business. Forty... delays in delivery times of orders to customers, and 27 percent reported problems with insuring
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