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  1. SYRIZA targets middle class with own plan for post-pandemic economic rebound

    PoliticsGreek Politics

    based on one-off liquidity injections for struggling businesses, with the state subsidising loans... off the ground following the pandemic. Middle class The opposition leader insisted that the exclusion

    4%

  2. Govt talks up benefits of pension reform as Delta variant concern grows
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    by the government will lead to pensioners being better off financially in the future. As opposed... the current system to the new one. Actuarial studies have estimated it will cost 56 billion euros up... better off, without burdening current workers and retirees. Delta variant The government was hoping

    4%

  3. Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
    Photo by MacroPolis

    EconomyBanking

    , compared with 670 million euros in H1 of 2020. One-off items and provisioning, including those related... the 470 million in H1 2020. Excluding once-off items PPI was 633 million euros. Net interest income (NII

    4%

  4. Govt holds firm on no lockdown as health system teeters
    Image via www.deloitte.com/gr

    PoliticsGreek Politics

    for a certain amount of surgeries to put off so doctors can deal with Covid patients. According to Economou, no essential surgeries have been put off in Athens. The government official added... in Greece has become one of the highest in Europe, as SYRIZA frequently points out. Prime Minister Kyriakos

    4%

  5. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-month. Consumer confidence in Greece recovered marginally by one point to -42.2 points, after... by 7.9 points to 11.3, coming off the recent high. The sector sentiment is up by 21.4 points since... into negative territory at -14.8, well off the recent high of 12.3 points in September, leading

    4%

  6. Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level
    Photo by MacroPolis

    PoliticsGreek Politics

    in the extreme scenario of being completely cut off by Russia, they are likely to be at high prices.... One of the immediate effects that Athens expects to result from the conflict is much higher inflation..., who might be put off by security concerns. The duration of the conflict is the key as bookings have

    4%

  7. Hopes of EU providing immediate relief wane as economic challenges multiply

    PoliticsGreek Politics

    off the ground following the first day of talks among EU leaders despite the scheme being advocated... tools. Although the idea does not seem to be off the table completely, it does appear... less welcoming, and more expensive, borrowing environment for Greece than the one it has known over

    4%

  8. Economic sentiment recovers 3.4 pts in Sept, buoyed by rise in services
    Photo by MacroPolis

    EconomyMacroeconomy

    points, up 3 points from August, is one more attempt this year to reverse this trend, after the May... in September, still staying well off the recent high of 21.3 in December. The sector sentiment... partially by 2.5 points to -29.4. Construction is now 31 points down from October last year and off

    4%

  9. Sept economic sentiment drops to early 2021 levels, consumer confidence down by 6.7 pts
    Photo by Gerarsimos Domenikos/Fosphotos

    EconomyMacroeconomy

    on a declining trend since. October confidence at -57.9 points, down by 6.7 points from September, is one... by 11.3 points to 11.5, still staying well off the recent high of 21.3 in December. The sector... and off the recent high in positive territory of 1.1 points in March.

    4%

  10. Privatisation of key northern ports on hold amid strategic rethink
    Photo by Fosphotos

    PoliticsGreek Politics

    , according to a surprise announcement made last week. The government announced that it was calling off... and Greek interests. Confirming the decision to call off the Alexandroupoli tender, PM Kyriakos... about the ability of one of the bidders to meet the terms of the tender, while there was also said

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