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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politicswill have to pay sanctions of around 310 million dollars, of which 85 million dollars relates to bribery
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomyto 310 euros, from 558 last year.
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Square reveal puts ND on the spot
PoliticsGreek PoliticsNew Democracy found itself on the defensive on Friday over the actions of two key officials: Centre-right Athens Mayor Kostas Bakoyannis and Prime Minister Kyriakos’s Mitsotakis’s chief of staff Akis... the ongoing restrictions against large gatherings. Skertsos Minister to the Prime Minister Akis
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Parties step up battle for voters in election home stretch
PoliticsGreek Politicsis slipping away. Government spokesman Akis Skertsos argued that the opposition leader’s comments are proof... night. However, government spokesman Akis Skertsos claimed that the opposition party had intentionally
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Nobody has less confidence in their government than the Greeks, OECD finds
SocietyThe Organization for Economic Cooperation and Development (OECD) has published its annual Government at a Glance report for 2013. The study includes some interesting data on Greece, particularly with regard to people’s plummeting trust in decision maker...
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Independent Greeks to go it alone rather than join grand right-wing alliance
PoliticsGreek PoliticsA few days after the prospect of an alliance between New Democracy and ultranationalist LAOS was floated, the possibility of even broader cooperation among right wing parties in Greece has been nipped in the bud. The anti-austerity Independent Greeks, l...
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August trade deficit shrinks by 29.5 pct as imports fall faster than exports
EconomyMacroeconomyGreece’s trade deficit narrowed by 29.5 percent in August, after soaring by a similar rate in July, according to the Hellenic Statistical Authority (ELSTAT). The absolute figure showed the trade deficit in August fell to 1.23 billion euros, which is the...
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Tsipras and SYRIZA: More old than new
AgoraAlexis Tsipras staked his political future on the “new vs old” concept in the September 20 elections. His victory at the ballot box, though, does not mean that it can yet be deemed a winning strategy. Why was it a risk to claim he could be the new broom...
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyGreek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February after remaining broadly stable in the preceding two months, Bank of Greece (BoG) figures showed on Monday. The headline figure for February indicates a new...
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