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Newsletter 454 - 07/03/2025
this week), 26 from SYRIZA, 11 from New Left, 6 from Course for Freedom, 6 from Movement for Democracy... for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4
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Newsletter 467 - 20/06/2025
in the next 6–12 months, pressure to abandon independence in favour of coalition will only... behind housing costs increasing by 6 pct in May. There is already mounting pressure on Greek
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Newsletter 488 - 12/12/2025
”. On the other hand, 13 pct said it made them “hopeful”, and 3 pct “happy”, while 12 pct said they were... the wider economy. The loans component of the RRF still has roughly 6 billion euros to be disbursed... deficit is down by 6 pct to 27.1 billion euros. Excluding the value of oil and ships, the deficit
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Samaras tax cut pledges aimed at MPs rather than voters
PoliticsGreek Politicsthat the reduction in the heating oil tax will lead to consumers paying up to 12 cents less per litre... and the drafting of the 2015 budget, which is due to be tabled in Parliament on October 6... is hoping that it will be able to offer up to 100 tranches from the 12 now on offer. This would
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National Bank posts net loss of 1.1 bln in Q4
EconomyBankingincome (PPI) fell 12 percent quarter on quarter (QoQ) to 363 million in Q4 reflecting a 2 percent drop... was slashed by 12 percent mainly attributed to a double digit drop in personnel (-14 percent) and general... and consumer remained almost stable. Coverage ratio rose by 6 pps QoQ to 60.4 percent, with Greek
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This is where Greek gov't could find cash to cover May's obligations
EconomyProgramme: a) Rollover of 1.4 billion 6-month T-Bills on May 6 with foreign investors holding a considerable... tranches, the first of 183 million on May 1 and the second of 697 million on May 12. d) Interest... government deposits with Greek banks stood close to 12 billion euros at the end of February
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingweaker NII from Turkey (down 12 percent in TL terms) and Greece (-2 percent). The lower Greek NII... percent in Q1 after a sharp rise by 6 percentage points to 60.4 percent in Q4. It is noteworthy.... The bank noted it has a liquidity buffer of more than 12 billion mostly for ELA funding. The Basel
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A third of young Greeks would consider emigrating to escape economic problems
Societythat almost four in five Greeks who were late paying bills in the last 12 months said they lacked... during the last 12 months, way above the European average of 44 percent. In addition, three in five... for loans are family [73 percent] and friends [45 percent]. Only 6 percent borrowed money from
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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammereplacement rate. This rate stands at 12 percent for 15 working years, at 37.5 percent for 35 working years and at 46.7 percent for 40 working years. 6) The overall main pension replacement rate also takes.... 12) The zero-deficit clause on supplementary pensions is replaced by a viability rule, which
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Drop in building activity accelerates to 11.3 pct in Oct
EconomyMacroeconomy. A broadly similar pattern is showed in the performance over the trailing 12 months, with permits down by 6 percent and surface recording a modest growth of 1.1 percent, while volume rose by 22.3... the end of 2010, with the aggregate loan net deductions close to 12 billion over this period. According
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