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  1. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    and protective measures. While the guidance issued was non-binding, it sets the baseline for member-states... also been negotiating more broad-ranging deals with a set of countries within and beyond Europe

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  2. Newsletter 314 - 29/10/2021

    Newsletters

    22, Alpha Bank announced the binding agreement with Davidson Kempner (DK) for the Cosmos... ranging from mortgages to consumer loans and the deal sees the sale of 51 pct of the mezzanine

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  3. From pipe dreams to power cables: the changing map of Greece's energy ambitions
    Photo via https://flic.kr/p/bwZLC3

    Agora

    as well as binding long-term energy supply agreements. The EU has been promoting formal engagements... renewables targets, and other estimates ranging even higher. This puts the projects once again

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  4. Machinations give both coalition and SYRIZA hope of winning presidential vote
    Photo by MacroPolis

    PoliticsForeign Policy

    . In such circumstances it could not be ruled out that the party’s deputies would move en masse to back

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  5. Athens prepares new primary residences proposal after finding common ground with banks
    Photo by MacroPolis

    EconomyProgramme

    The Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides ...

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  6. Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
    Photo by MacroPolis

    Economy

    Fitch got the schedule of rating reviews in the new year underway with an upgrade of Greece’s outlook to positive from stable, while it reaffirmed the rating at ‘BB’. Fitch was the first agency to upgrade Greece’s rating to ‘BB’ back in January 2020, ju...

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  7. Changes to energy subsidies aimed at winning over middle class
    Image: MacroPolis

    PoliticsGreek Politics

    Stressing that the energy crisis is an exogenous shock to Greek households and arguing that the European Union has failed to react decisively enough, Prime Minister Kyriakos Mitsotakis outlined on Thursday the latest package of measures his government w...

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  8. PBO sees 2024 growth of 2.5 pct hinging on RRF and investments

    EconomyMacroeconomy

    The Parliamentary Budget Office (PBO) published on Monday its latest quarterly report in which it is broadly positive about the prospects of the Greek economy in 2024, though it does flag up concerns about the effects of persistent inflation, the implic...

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  9. Govt mulls tighter controls on movement, seeks to boost health supplies and Covid-19 tests
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    five more deaths were recorded bringing the country’s total since the start of the pandemic to 43... acknowledged that they are finding it difficult to secure hospital supplies, including ventilators... associations called on the government to provide personal protective equipment to surgeries, after finding

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  10. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    by 304 million euros bringing the stock to 32.2 billion in Q1. The latest quarter marks ten straight..., has attracted strong interest. The first two phases were completed in March and binding offers... a phasing impact of around 60 bps was noted in Q1 bringing the CET1 ratio on a fully loaded basis

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