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Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
EconomyMacroeconomy611 million euros in compensation to lessors due to decreased rents; 155 million euros for the grant
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Credit growth stable at 0.9 pct in Oct, led by lending to corporates
EconomyMacroeconomyby 148 million, following positive by 611 million euros in the previous month, taking the balance
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingAlpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717
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Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
EconomyMacroeconomyin Attica (611), in line with the historical trend, and the smallest number of permits were issued
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NBG profits at 661 mln in H1, net interest income at 1.1 bln
EconomyBankingNational Bank of Greece (NBG) reported a profit after tax of 661 million euros in H1, compared to a profit of 701 million euros in H1 2025, a drop of almost 6 percent year-on-year (YoY). Attributable profit was 567 million euros, from 611 million euros in H1 last year. P&L Net interest income (ΝΙΙ
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Athens readies labour legislation, but not to cross off prior actions
PoliticsGreek PoliticsAfter a brief summer break, the Greek government is preparing to resume legislative activity, although its next move will not be linked to dozens of bailout commitments that are still pending. Prime Minister Alexis Tsipras met with Labour Minister Efi A...
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Property price growth slows to 7.8 pct YoY in Q3, index near prior all-time high
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slowed in the third quarter of 2024, increasing by 7.8 percent year-on-year (YoY) from an upwards revised 9.4 percent in Q2 2024, Bank of Greece (BoG) data released on Tuesday showed. There has bee...
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The Cyprus bailout is different, not only due to the bail-in
Agorathe establishment of a privatisation authority and earmarking three organisations for sale prior... funding during the duration of the programme). The large amount of public workers retiring in order
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Coalition caught between pleasing lenders and voters ahead of next troika review
PoliticsGreek Politicsmore substantial review will take place. Apart from completing six “prior actions” to receive its... that this is a tall order. Reports indicate that in a bid to facilitate the September review, Finance
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Troika piles pressure on coalition by insisting on key actions to conclude review
PoliticsGreek PoliticsThe size of the government’s task in concluding the current troika review within the next few weeks was revealed on Tuesday, with 19 prior actions – many of which entail major reforms – still having... - Submitting to Parliament a law liberalising the natural gas market Clearly, this is a tall order
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