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Tsipras goes big on minimum wage, hoping to enhance election hopes
PoliticsGreek Politics. Tsipras said that this was a measure the government owed to “those who saw their wages reduced by 22... Independent Greeks (ANEL). Opinions are divided also on whether this will take place soon or at all.
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Athens treads tightrope as Turkish research vessel sails in Aegean
PoliticsForeign Policythe two countries. Ankara saw this as a snub, both because of concerns that other Eastern..., that former foreign minister Nikos Kotzias, who served in the SYRIZA-ANEL coalition, has criticised
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About-turn over ministry post undermines impact of PM's reshuffle
PoliticsGreek Politics-Independent Greeks (ANEL) administrations between 2015 and 2019 to see that the appointment of party.... The latest reshuffle saw five ND deputies join the government and three leave. This influx of lawmakers
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingto CVC Capital Partners’ Fund VII for about 455 million euros. That includes an “earn-out” payment
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Newsletter 371 - 24/02/2023
of Hellactor with Motor Oil and the sale of National Insurance to CVC Capital. It is indicative
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Tsipras facing decision over timing of vote on Prespes Agreement
PoliticsGreek Politicswith Independent Greeks (ANEL). Defence Minister Panos Kammenos, who leads ANEL, the junior partner... other sources. The only question that SYRIZA has about ANEL is what stance it will take if New... Kammenos and his ANEL colleagues have been that they will not vote against SYRIZA, allowing Tsipras
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Government talks up privatisation benefits, but opposition questions success story
PoliticsGreek Politicstabled a parliamentary question with regard to the divestment plan for Hellenic Financial Stability... than waiting to exit at a profit. Superfund Analysts, meanwhile, continue to regard the government’s.... The government was also questioned over the timing of its winding up of the Covid-era rescue scheme for Aegean
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Greece saw first annual deflation in almost half a century in 2013
EconomyMacroeconomyThe drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...
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April saw first rise in Greek banks' Eurosystem funding this year
EconomyMacroeconomyGreek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...
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Most Greeks saw income fall over last year, limiting purchasing power
SocietyThe results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...
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