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  1. Newsletter 296 - 14/05/2021

    Newsletters

    rate by 2 pct points. The deficit is seen dropping significantly to 3.2 pct of GDP by 2022. After... households. Ongoing legal challenges regarding previous reforms remain a risk. 2 CPI falls by 0.3 pct YoY

    9%
  2. NBG posts 557 mln profit in Q1
    Photo by MacroPolis

    EconomyBanking

    percent QoQ from 314 million in Q4. Net fee income fell 2 percent QoQ to 67 million in Q4 The bank’s... to 16 bps in Q1, led to a improvement of the bank’s blended funding cost to nearly zero in Q1 (2 bps

    9%
  3. PM looking to build on RRF approval to augment profile as moderniser

    PoliticsGreek Politics

    Commission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5... 2.3 billion in grants and close to 2 billion in loans) to be made in July, with close to 8 billion

    9%
  4. MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
    Photo by MacroPolis

    EconomyMacroeconomy

    is expected to have a small primary deficit of 0.5 pct of GDP, before returning to primary surpluses of 2... that Greece has committed to primary surpluses in the region of 2 pct of GDP up to 2060 to comply

    9%
  5. First-wave champion Greece stumbles at vaccine roll-out
    Photo via https://flic.kr/p/7ZZiPM

    Agora

    it was administering just 2 tests per thousand people. The number of tests increased with the introduction of mass... in a recent sounding only 2% of respondents said they have an appointment booked). Gaps, blind spots

    9%
  6. Govt baulks at more holiday restrictions to stem spread of Omicron variant

    PoliticsGreek Politics

    poll for Powergame.gr shows KINAL up from 9.4 to 13.1 pct, with ND sliding by almost 2 points from 34.3 to 32.2 pct, and SYRIZA also losing 2 points to go from 23.6 to 21.5 pct. Although Androulakis

    9%
  7. Government U-turns again to tighten Covid measures over Christmas
    Photo via https://flic.kr/p/2iYwAkU

    PoliticsGreek Politics

    January 2, include a return of the mask mandate in all public spaces, with double masks or high... to the country will be required to take diagnostic tests on days 2 and 4. The minister added

    9%
  8. Mitsotakis targets inflation on path to elections in 2023
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    to move ahead quickly with the minimum wage increase, after the first instalment of 2 pct on Jan 1... popularity than the pandemic. The 2 pct increase at the beginning of the year took the gross monthly

    9%
  9. Govt unveils new round of energy subsidies as fiscal space narrows significantly
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    of the energy crisis last autumn to 2 billion euros. Skrekas said that the latest tranche would... from the energy subsidies and the reduction to ENFIA, the government has already adopted a 2 pct rise

    9%
  10. Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP increased by just 0.4 percent quarter-on-quarter (QoQ) in the last quarter (Q4) of 2021, from a downwards revised 2 percent in the third quarter (Q3... consumption rose by 2 percent, investments grew by 17.7 percent pct QoQ and exports also increased

    9%