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The Parable of the Populists and the Contemplatives
Agorato pay for it at all. This is the new “Green economy.”[1] The kids and the Contemplatives are a bit.... [1] As we write this blog in early 2022, crude oil and natural gas prices are going up everywhere
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PM stands by Ukraine decision, feels vindicated on defence and foreign policies
PoliticsGreek Politicsthat the next increase to the minimum wage, after the 2 pct rise on January 1, is due on May 1
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Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
EconomyBankingexpenses dropped by 1.5 percent in 2021 to 1 billion euros. Loan loss impairments dropped by 62.1... of the bank’s TLTRO III borrowing allowance. Capital The Common Equity Tier 1 (CET1) ratio for 2021
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Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
EconomyBanking2021, 7.2 billion euros of Sunrise 1 in Q3 2021 and 2.7 billion euros of Sunrise 2 in Q4 2021... to 11.2 percent pro forma for share capital increase of 1.4 billion euros carried out in Q2. Tier 1 ratio
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Fallout from Ukraine war being fed into calculations about next general elections
PoliticsGreek Politicsfall by 1 point since January, down to 31 pct. Backing for SYRIZA is also down by 1 percentage point
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Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
EconomyMacroeconomyis lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1
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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomy-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 17 percent and 9.4 percent
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Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets
PoliticsGreek Politicsthat Greece can expect to secure around 1 billion euros in grants and 5 billion in grants from... homes by 2029. Covid One of the last remaining Covid restrictions is due to be lifted on June 1
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Lower trading income for NBG keeps net profits at 490 mln in H1
EconomyBanking80 pct. P&L Net interest income (ΝΙΙ) increased 1 percent YoY to 600 million. Net fee income... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands
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Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited
EconomyMacroeconomymade up 73.3 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years
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