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Govt moving ahead with social security fund overhaul despite opposition
PoliticsGreek Politicsvia the Supreme Council for Civil Personnel Selection (ASEP) to help bring down the number of pending... decade and that most voters will be in favour of the public sector being pared down. Tsipras, though
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Faced with limited policy options, govt mulls inflation handout
PoliticsGreek PoliticsAthens to temporarily reduce VAT on some goods from 13 to 6 percent or to bring down the special... social media accounts, including some suggestions that Tsipras needs to crack down on such dissent
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Deposits decline by 2.23 bln in customary Jan drop
EconomyMacroeconomyin January marginally slowed down to 9.3 percent, from 9.9 pct in December and 10.4 percent in November... at notice increased by 39 million to 2.65 billion and other deposits were down by 885 million to 26.41
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PM stands by Ukraine decision, feels vindicated on defence and foreign policies
PoliticsGreek PoliticsPrime Minister Kyriakos Mitstotakis has doubled down on his decision to send arms to Ukraine despite ongoing criticism from the opposition parties regarding the policy but also not consulting... to invade “a democratic, independent state”. He also put down the invasion to Putin’s “revisionism
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Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
EconomyMacroeconomyGDP also slowed down to 7.7 percent growth, from a downward revised 11.4 percent in Q3. During 2021... percent. Household spending was up by 8.6 pct YoY, while government spending was down by 0.8
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In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
EconomyMacroeconomywas down by 3.2 percent. Month-on-month (MoM), the index dropped by a sharp 10.9 percent in January... signalling growth in the sector. The expansion in new orders continued to slow down, as supply chain issues
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NBG reports profits of 833 mln in 2021
EconomyBankingincome (PPI) stood at 1.12 billion euros, down by 34 pct on the 1.71 billion euros in 2020. Core... trading income in 2021 was 404 million euros, down by 63 pct from 2020, when it amounted to 1.1 billion
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Unemployment broadly unchanged at 13.2 pct in Q4
EconomyMacroeconomyand the wind down of the tourism season as the data is not seasonally adjusted. The number of economically... to the same quarter of 2020. Broken down by age group, the highest unemployment rate is still among
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PM yields on energy windfall tax as govt feels strain
PoliticsGreek Politicspct to 19.4 pct, while KINAL edged down from 14.5 pct to 13.3 pct. As a result, ND’s lead over... are projected as overall results, ND is seen getting 34.1 pct of the vote, which is well down on the 39.9 pct
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PM focuses on high prices, food supplies as snap election option fades away
PoliticsGreek Politicsdispensation by the European Commission to introduce temporary, unilateral measures to bring down energy... the electoral law again to bring down the threshold needed for a parliamentary majority from around 38 pct
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