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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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Deal with Germany over arms to Ukraine irks opposition
PoliticsGreek Politics, Stinger missiles, anti-aircraft missiles and RM-70 rockets to the Ukrainian forces. SYRIZA’s line... was in December 2021. PASOK-KINAL maintains a relatively strong third position on 13 pct in the latest
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Athens and Berlin have reasons to take a closer look at each other
Agorawith Ukrainian President Zelensky. In between, Merz dispatched his new foreign minister to Israel... and defense. They also maintain strong engagement with Israeli Prime Minister Benjamin Netanyahu, albeit
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek Politicsstatement, the opposition party noted that 310 mln dollars from the settlement, the overwhelming... that were primarily designed to promote sales of Novartis products in Greece, resulting in improper... and products related to studies the company ran, according to SCE documents. The reality
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Newsletter 42 - 11/09/2015
and 1.3 percent in 2016, turning to a strong growth rate of 2.7 percent in 2017. These are in line... 4 billion, in Eurobank 5.7 billion, in National Bank 8.5 billion and in Piraeus Bank 6.8 billion..., 98.6 percent of Eurobank, 84.4 percent of National and 81 percent of Piraeus. On top of the 25 billion
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Greek banks' NPL selloff gathers speed
EconomyBanking, and the wheels are already in motion. Loan sales The first bank to take the plunge was Eurobank, which... Planning Services S.A. (FPS), a wholly owned subsidiary of Eurobank, licensed by the BoG. According to reports, Eurobank will receive a management commission of 0.5 percent of the principal loan pool
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Newsletter 365 - 13/01/2023
in Piraeus Bank, 9 pct in Alpha Bank, 1.40 pct in Eurobank and almost 63 pct in the smaller size Attica...: Alpha Bank, Eurobank, NBG and Piraeus Bank. In the first round of recapitalisation, The HFSF’s... billion in Piraeus, 5.73 billion in Eurobank and 3.96 billion in Alpha. As a result, the HFSF became
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SYRIZA prepares to debate deal as Tsipras's options narrow
PoliticsGreek Politics. Draghi also repeated several times the need for a “strong programme,” both in design and implementation that produces growth and social fairness. He refrained from commenting on what actions the ECB
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Are we taking Greeks' devotion to the euro for granted?
Agorafor the euro in Greece remains strong,” may be the counter-argument to this gloomy set of data... which is not covered in the Eurobarometer survey but which produces an interesting response. It asks
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Turkish missile test adds to complexity of defence assessment in Athens
PoliticsForeign Policyof the Greece arms sector. Turkey produces 85 pct of its defense procurement, even though it imports... to Odessa. In his statement he stressed that “my visit to Ukraine has a strong symbolic aspect
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