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  1. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    compared with a year earlier, followed by transfers, which were 277 million euros lower. Taxes

    12%

  2. Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279 million euros, from 331 million euros in 9M 2022. Normalised operating profit was 577 million euros in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5

    12%

  3. Stage set for censure motion as Parliament votes to review charges against deputy minister
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against

    12%

  4. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    The Organization for Economic Cooperation and Development (OECD) has published its annual Government at a Glance report for 2013. The study includes some interesting data on Greece, particularly with regard to people’s plummeting trust in decision maker...

    10%

  5. Independent Greeks to go it alone rather than join grand right-wing alliance

    PoliticsGreek Politics

    A few days after the prospect of an alliance between New Democracy and ultranationalist LAOS was floated, the possibility of even broader cooperation among right wing parties in Greece has been nipped in the bud. The anti-austerity Independent Greeks, l...

    10%

  6. August trade deficit shrinks by 29.5 pct as imports fall faster than exports

    EconomyMacroeconomy

    Greece’s trade deficit narrowed by 29.5 percent in August, after soaring by a similar rate in July, according to the Hellenic Statistical Authority (ELSTAT). The absolute figure showed the trade deficit in August fell to 1.23 billion euros, which is the...

    10%

  7. Tsipras and SYRIZA: More old than new
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Alexis Tsipras staked his political future on the “new vs old” concept in the September 20 elections. His victory at the ballot box, though, does not mean that it can yet be deemed a winning strategy. Why was it a risk to claim he could be the new broom...

    10%

  8. Greek corporate lending rates up to 250 bps higher than eurozone average

    EconomyMacroeconomy

    Greek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February after remaining broadly stable in the preceding two months, Bank of Greece (BoG) figures showed on Monday. The headline figure for February indicates a new...

    10%

  9. Athens gears up for Cyprus talks, expecting progress rather than agreement
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Following 19 months of intensive talks aiming to reunify Cyprus, the two Cypriot leaders are due to meet in Geneva on Monday at the beginning of a crucial week of negotiations on the issues of territory, security and guarantees. All sides are expressing...

    10%

  10. Progress rather than breakthrough the target at Eurogroup
    Photo via Fosphotos

    PoliticsGreek Politics

    Expectations are relatively low for Monday’s Eurogroup, with the most that can be expected being an initial agreement between Greece and the institutions on the basic elements needed in order for the review to be completed. Going into the meeting of the...

    10%