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PM set to avoid kneejerk reaction to poor EP poll result as centre left mulls next move
PoliticsGreek Politicsfell short of 3 pct in Sunday’s vote, which is the threshold it would have to pass to elect MPs
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Newsletter 429 - 28/06/2024
on the basis that the spending ceiling could rise by 3 pct per year, per the latest SGP rules. Finance
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Reports raise questions about some economic policy decisions
EconomyMacroeconomythe fiscal path on the basis that the spending ceiling could rise by 3 pct per year, per the latest SGP
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Greece's ongoing divestment from banking sector creates new lender, stirs controversy
EconomyBankingparticipation in the Hercules III APS will drop its NPE ratio to 3 pct, from 60 pct that is the respective
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Led by energy, producer prices drop by 0.7 pct YoY in June
EconomyMacroeconomyin the overall market, energy products were down by 3 percent YoY, intermediate goods decreased by 0.4
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Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
EconomyBankingrespectively in H1 2023. Net trading income was just 3 million euros, from 39 million last year. Total
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New Himare elections pose fresh challenge for Greek-Albanian relations
PoliticsForeign Policythat Tavo won with 58.62 pct of the votes. Sunday’s preliminary turnout tally was 37.61 pct, some 3 points
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Trade deficit moderates in June, up 10.5 pct YoY in H1
EconomyMacroeconomy. Excluding the impact of oil products and the value of ships, imports decreased by 3 percent, while
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Inflation up to 2.7 pct in July as housing costs keep rising
EconomyMacroeconomyof consumer prices (HICP) increased by 3 percent annually in July, from 2.5 percent in the previous month
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Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomyperiod. PIB PIB revenues came to 3 billion euros, above the target by 944 million. PIB expenditure
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