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  1. Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
    Photo by MacroPolis

    EconomyBanking

    . P&L Pre-provision income (PPI) in H1 increased to 974 million euros, more than doubling from... to Covid, but also the Phoenix and Vega sales, accounted for 3.04 billion of those provisions. Balance

    7%

  2. Criticism of authorities' response intensifies as wildfires continue to rage

    PoliticsGreek Politics

    . While the government has been trying to balance warnings with reassurance, opposition parties... to the fires as “less than exemplary,” and called for the response mechanisms to be redesigned to be able

    7%

  3. Draft 2022 budget represents first attempt to restore post-pandemic fiscal order

    EconomyMacroeconomy

    , at 10 pct of GDP. Within the same post-programme monitoring framework, the primary balance next year... rising by more than 2 billion euros ins 2022 to 14.89 billion. Roughly 700 million euros in personal

    7%

  4. Why is it taking so long for the pandemic to end in North Macedonia?

    Agora

    people died than if there had not been a pandemic. By that time, about 5,500 COVID-19 deaths had... to the complete undercutting and weakening of discipline amongst the people. The balance between preserving

    7%

  5. Newsletter 312 - 15/10/2021

    Newsletters

    not seen in more than a decade, the data presented by Grant Thornton during the Business awards last... of the latest post-programme review was focused on the issue of tidying up balance sheets. Eurobank

    7%

  6. Administrative changes unveiled as PM's technocratic pledge is tested again
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    on party allegiances rather than the more technocratic abilities that Mitsotakis said he would favour... that the centre-right politician faces in maintaining a balance between the moderate wing of his

    7%

  7. ND, SYRIZA put squeeze on KINAL as centre-left party's poll rise continues
    Photo by https://kinimaallagis.gr/

    PoliticsGreek Politics

    continues to enjoy escalating popularity, more than doubling its share of voting intentions since..., the shift in the political balance, even if it is temporary, has caused visible nervousness in the other

    7%

  8. Piraeus books losses of 3 bln as NPEs drop by nearly 17 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    than 10 pct by mid-2022 and roughly 8 pct by the end of the year. P&L Pre-provision income (PPI... for 4.3 billion euros. Balance Sheet Customer deposits grew to 55.4 billion euros in 2021, from

    7%

  9. Growth of trade deficit slows in Mar, Q1 rise reaches 79 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in Greece’s trade deficit slowed in March, when it increased by 13.4 percent year-on-year (YoY), after surging by more than 170 pct in February, according to data released by ELSTAT... balance was negative by 3.6 billion euros. The geographical breakdown shows that imports from EU

    7%

  10. PBO urges continued fiscal discipline amid growing instability

    Economy

    performance as the primary balance improved by 5.4 billion euros on last year, as pandemic related... spending lower than the medium-term GDP growth potential. The ECB’s decision to reverse its monetary

    7%