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Early details show energy emergency plan facing practical challenges
PoliticsGreek Politicslignite production from 5 to 10 TWh over the next 12 months. This would require reopening at least... in May’s sounding, while SYRIZA gained 1 percentage point to reach 22.8 pct. The survey confirmed
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Unveiling of relief package imminent as electoral law speculation is revived
PoliticsGreek Politicsbudget deficit to 2 pct of GDP this year and turn that into a 1 pct of GDP primary surplus next... space until the end of 2022 will reach 350 million euros monthly, growth will be above 5 pct this year
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Rising contributions spark concern in key voter groups
PoliticsGreek Politicsbeing, remains committed to producing a 1 pct of GDP primary surplus next year. This will involve... the ability to offer repeated energy subsidies. Growth is expected to reach close to 5 pct this year
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NBG reports 652 mln profit in 9M, core PPI up 14 pct
EconomyBankingguidance for 2022. P&L Net interest income (ΝΙΙ) increased 5 percent YoY to 948 million. Net fee income... funding cost in 9M was 4 basis point, from 1 basis point in H1. Capital The CET1 ratio stands at 16.2
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GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
EconomyMacroeconomyfor 2022 and 5 percent for 2023. In the latest financial stability report, published in November, the Bank..., and by just 1 pct in 2023 as challenges mount. In its latest World Economic Outlook published
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PDMA sets out modest debt strategy for 2023
EconomyMacroeconomyby less than 1 billion euros, in line with the objective of keeping the nominal stock of debt mostly... and constantly falling interest bill to revenues, expected under 5 pct this year. The PDMA also notes
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Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
EconomyBankingcoverage increased by over 5 points to 74.6 percent. P&L Net interest income in 2022 increased.... Loans to deposits ratio stood at 73.1 percent in 2022. Capital The Common Equity Tier 1 (CET1) ratio
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Alpha Bank's normalised profit at 162 mln in Q1, NII jumps by 51 pct to 424 mln
EconomyBankingmillion in 2022. Recurring operating expenses dropped by 5 percent in Q1 to 233 million euros, from 244... The fully loaded Common Equity Tier 1 (CET1) ratio in Q1 stood at 12.8 percent, from 10.9 percent in Q1
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Opinion poll offers Mitsotakis encouragement in quest for majority
PoliticsGreek Politicsto vote for ND, while just 16.7 say they will back SYRIZA and 10.2 pct PASOK. Just over 5 pct of those..., down 1 point on May 21, and PASOK 11.7 pct. The Communist Party (KKE) is projected to receive 7.6
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Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
EconomyMacroeconomyin Q1 were led by rising final consumption by 1.4 percent QoQ. Investments dropped by 1 percent... decrease was due to a 5 percent drop in goods and 5.5 percent decrease in imports of services. Compared
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