Search
-
Newsletter 50 - 06/11/2015
that Athens has received less than 6 million euros this year to tackle the refugee crisis... than half a million young, well-educated citizens through outward migration. Portugal and Greece... five years more than half a million young, well-educated citizens through outward migration due
7% -
Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
EconomyBanking, Piraeus Bank Group was operationally (rather than legally) separated into two pillars, ‘Piraeus Bank... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent (from 53 percent currently) and the loan to deposit ratio at less than 105 percent (from 116 percent
7% -
The Greek economy in 2026: Quantitative recovery meets qualitative stagnation
EconomyMacroeconomy% of the unemployed in Greece had been out of work for more than 12 months - nearly double the EU average... nominal wages have risen, the real average wage in 2025 was only 0.3% higher than in 2019, and actually 1.3% lower than in 2021 due to the devastating impact of the inflation crisis. The report also
7% -
Athens on lookout as Ankara ramps up rhetoric and activity
PoliticsForeign Policyterritory back to Turkey half-naked, taking their money and belongings which remind the practices of Nazis
7% -
The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesof public protests against austerity. Often the public rhetoric obscures rather than conveys...’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... more than twice the size of the entire public procurement bill. However successive governments have
7% -
Tsipras starts to flesh out SYRIZA's economic policy but questions remain
PoliticsGreek Politicsretirement payment for 1.26 million pensioners that receive less than 700 euros per month and reducing... should not make up more than a third of customers’ income. Tsipras pledged to scrap the contentious... these as untapped sources of revenues. Having given a more detailed idea than ever before in the last two
7% -
Newsletter 141
than many thought in the second round, when roughly 156,000 people took part. Pollsters have... lower than initially thought at 20.77 billion and 27.39 billion, respectively. Tax refunds are seen at 3.65 billion, significantly lower than the 5.58 billion of 2017. Expenditure next year
7% -
Great Expectations: Is Greece 2.0 hitting the target?
EconomyFeaturesCommission estimates that in 2022, Greece’s GDP was 2.1 percent higher than it would have been without... in the original assumptions, to the 2024 budget report, where it was estimated that a little less than... of the prevailing economic model rather than achieving a transformative effect.
7% -
Impact of EP elections continues to reverberate across main parties
PoliticsGreek Politicsin the June 9 elections, where it garnered just 28.3 percent of the vote rather than the goal of 33 percent... 15 percent of the vote rather than the 20 percent he had said he aspired to. The tone of the posts...” from his predecessors and would prefer to rationalise spending rather than seek bank loans or dark
7% -
BoG cautiously optimistic on economy and banking sector
Economy. The labour market continued to improve, with unemployment falling to 9.5 pct, the lowest in more than... buffers all stayed at robust levels. Banks’ liquidity coverage stood at more than double regulatory... disrupt financial stability. “Greek banks are in a far stronger position than in the past,” the report
7%