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  1. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    years took place in 2019. Following the pandemic, the review of minimum wages due for this year has... point by 2030. “Higher growth and a sustained primary budget surplus of 2.2 percent of GDP would

    7%

  2. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    Payments also recorded a drop of 67.4 percent to 435.4 million, which took the overall travel balance... in the first six months of the year and came to 2.2 million visitors. The aggregate breakdown

    7%

  3. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    ” took off during the economic crisis, partly motivated by the increase in the cost of property... falling by 2.2 percent in 2017 and 3.2 percent in 2018, remaining stable in the first 7 months

    7%

  4. Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    . Payments also recorded a drop of 68.1 percent to 641.2 million, which took the overall travel balance to 2.86 billion, reflecting a fall of 79.6 percent YoY. Average expenditure per trip dropped by 2.2

    7%

  5. Newsletter 281 -22/01/2021

    Newsletters

    around. Round four reached 2.2 billion euros. This is an area where the opposition parties have sensed... million, which took the overall travel balance to 3.51 billion, reflecting a fall of 77.2 percent YoY

    7%

  6. Newsletter 288 - 12/03/2021

    Newsletters

    by 1.7 billion euros last year, while for the group they rose by 2.4 billion euros. This took deposits... drop surpassing the previous lowest reading of -2.2 percent seen in July 2015. The data showed

    7%

  7. Eurobank posts Q1 net profit of 70 mln
    Image via www.eurobank.gr

    EconomyBanking

    , mainly due to rental income and fees from lending activities. Operating expenses decreased by 2.2 percent YoY to 216. million euros QoQ. This took the cost-to-income ratio to 48.3 percent in Q1 from

    7%

  8. Newsletter 303 - 02/07/2021

    Newsletters

    a new tax relief package, even if the primary surplus goal of 2.2 pct of GDP from 2023 onwards remains.... Finance Minister Christos Staikouras reportedly took a similar stance in his talks with Greek bankers

    7%

  9. Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
    Photo by MacroPolis

    EconomyBanking

    billion euros gross book value, and the sale of Sky portfolio, of Cypriot NPEs worth 2.2 billion... the 800 million euros share capital increase that took place in July. The bank’s Total Capital Ratio

    7%

  10. Newsletter 319 - 03/12/2021

    Newsletters

    PoliticsPM opts for risky move with vaccination penalty as Covid threat growsPrime Minister Kyriakos Mitsotakis took a potentially high-risk decision on Tuesday to impose a 100-euro monthly penalty... for October showed prices rising by 3.4 pct, from 2.2 pct in September. That was the highest inflation

    7%