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  1. PM stands by Ukraine decision, feels vindicated on defence and foreign policies

    PoliticsGreek Politics

    that the next increase to the minimum wage, after the 2 pct rise on January 1, is due on May 1

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  2. Newsletter 360 - 25/11/2022

    Newsletters

    by one point to 30 pct, while trust in SYRIZA leader Alexis Tsipras has risen by 2 points to 22... is reflected in the budget in the more modest growth of private consumption and exports, by only 1 pct..., the European Commission also takes a more modest outlook, with growth seen at 1 pct next year

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  3. Newsletter 361 - 02/12/2022

    Newsletters

    called Gefyra (Bridge) 1 and 2 that subsidised mortgages initially and then business loans, under... in the sector were suggesting that the additional income from the higher rates could reach over 1 billion

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  4. Election date seen hanging in balance as PM weighs pros and cons
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    by one month, from May 1 to April 1, the implementation of the next increase to the minimum wage has... ruffling the church’s feathers, another option would be to hold the election on April 2, or to wait until

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  5. Newsletter 372 - 03/03/2023

    Newsletters

    latest research in which Greece’s growth estimate for this year is significantly revised from the 1 pct... marginally upped its own forecast to 1.2 pct growth, from 1 pct before, arguing that the RRF offered... of more than 2 pct for 2023, expecting the economy to show enough resilience despite the expected

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  6. Fitch takes no rating action as fiscal continuity remains crucial to investment grade
    Photo by MacroPolis

    EconomyMacroeconomy

    expects Greece to stick to commitments, with the primary surplus this year at 1 pct of GDP and doubling to 2 pct of GDP in 2024, thanks to strong tax revenue growth that in the first four months..., followed by S&P on October 20 and Fitch again on December 1.

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  7. Newsletter 434 - 27/09/2024

    Newsletters

    wage effective from April 1 is 830 euros gross per month, paid out on a 14-month basis leading... earning below 700 euros monthly to just 2 pct, with a significant shift of the distribution... than 1 billion euros. Loans There was a modest movement for credit expansion in August with an inflow

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  8. Draft budget maps out narrow fiscal path for coming years
    Image: MacroPolis

    EconomyMacroeconomy

    this year and rise by over 1 billion euros in 2025 to 26.51 billion euros. The Finance Ministry... 2 pct of GDP and the new SGP rules that is designed to place caps on primary spending, they have... from the reduction in social insurance contributions by 1 percentage point and 238 million euros

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  9. Greece and Ukraine sign LNG deal as US looks on
    Image: https://www.primeminister.gr/

    PoliticsForeign Policy

    into the Vertical Corridor pipeline system. A special transport product, “Route 1”, activated... south to north, from Greece to Ukraine.” Zelenskyy said that the deal will "cover nearly 2 billion... and then imported into the Vertical Corridor pipeline system. Route 1 has been active since October after

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  10. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    million. This corresponds to 71 percent of the total targeted fully-phased synergies of 550 million... points QoQ to 109 percent. Eurosystem funding narrowed by 8 billion within Q1 and by a further 1 billion... percent of the total loan book. Following the capital increase of 1.75 billion in April

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