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  1. Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs

    EconomyBanking

    that of Frontier is roughly 6 billion euros. Also on Friday, Alpha Bank announced the completion

    8%

  2. Travel surplus of 1.27 bln in Oct as receipts reach 58 pct of 2019 levels in 10 months
    Photo by MacroPolis

    EconomyMacroeconomy

    the overall travel balance to 9.3 billion, reflecting a rise of 166.4 percent YoY, however, short by roughly 6

    8%

  3. Government U-turns again to tighten Covid measures over Christmas
    Photo via https://flic.kr/p/2iYwAkU

    PoliticsGreek Politics

    hours earlier. The new measures, which come into effect at 6 am on Friday and remain in place until

    8%

  4. A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
    Photo via https://flic.kr/p/2mN5NQb

    PoliticsForeign Policy

    remain at 6 nautical miles, including when measured from the mainland. This position is completely

    8%

  5. Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    value. NBG signed off last year with the completion of Frontier of a 6 billion euros book value, which

    8%

  6. Covid measures extended despite govt optimism, as inflation causes political tension
    Photo via https://flic.kr/p/qDwonb

    PoliticsGreek Politics

    in the coming week, while the Labour Ministry is proposing a further 6 pct increase to the minimum wage

    8%

  7. Car sales continue to grow in Dec for rise of 23 pct in full year
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time rose by 21.4 percent year-on-year (YoY) in December, from a 20.7 percent rise in November, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In December 2020, the year-on-year change was a drop of 6 percent

    8%

  8. KINAL edges towards more central role in political developments
    Photo via https://kinimaallagis.gr/

    PoliticsGreek Politics

    identically, from 18.1 pct to 19 6 pct, while KINAL continues to enjoy some buoyancy following the election

    8%

  9. Mitsotakis unveils property tax reduction, searches for pre-election narrative
    Photo by MacroPolis

    PoliticsGreek Politics

    to power. He said that the latest cut means that eight in 10 owners will pay less ENFIA. However, 6

    8%

  10. Opposition cries foul on government's tax priorities
    Photo by MacroPolis

    PoliticsGreek Politics

    will be distributed so that just 6 pct of property owners will be called on to pay higher tax. Based on the new

    8%