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  1. Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
    Image via www.piraeusbank.gr

    EconomyBanking

    billion in H1. The liquidity coverage ratio stood at 192 percent. Eurosystem funding stood at 14.4... operations (TLTRO III) funding. Net loans came to 36 billion euros, with loans comprising 44 pct

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  2. Athens offers continued, but limited support to Ukraine, while seeking balance with China
    Image: https://flic.kr/p/2ordhv9

    PoliticsForeign Policy

    were taken regarding the funding of military support for Ukraine. There were pledges on behalf... funding, according to a relevant government decision. Additionally, the Greek Navy will assist

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  3. Newsletter 395 - 29/09/2023

    Newsletters

    rounds of recapitalisation, the first used state funding via resources offered primarily by the EFSF... billion to cover the funding gap of banks under liquidation with the bulk of the funds going to two

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  4. State braces for losses as bank divestment plan is put into action
    Photo via https://flic.kr/p/GG7K6F

    EconomyBanking

    lenders went through three main rounds of recapitalisation, the first used state funding via resources... in 2013, HFSF also allocated 13.5 billion to cover the funding gap of banks under liquidation

    2%

  5. PM urges ministers to heed local vote warnings as opposition looks ahead

    PoliticsGreek Politics

    or regions would miss out on funding if they did not elected officials supported by the ruling party... with all elected officials to ensure that funding is maximised. He also met on Tuesday with the newly

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  6. Newsletter 398 - 20/10/2023

    Newsletters

    appeared to chide ND officials for stoking fear that municipalities or regions would miss out on funding... that funding is maximised. Mitsotakis also urged his ministers to focus on the task at hand and set

    2%

  7. PM launches reconstruction plan for disaster-hit regions as SYRIZA walkout spawns new group
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    ’s claims to have secured additional European funding for the measures and earmarked funding

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  8. Great Expectations: Is Greece 2.0 hitting the target?
    Photo by EC - Audiovisual Service

    EconomyFeatures

    Funding from the EU’s Recovery and Resilience Facility has been central to shaping expectations of economic recovery in Greece as the country emerges from its ten-year economic crisis... years. That said, only around 11 percent of the sector had applied for RRF funding by the first half

    2%

  9. Mitsotakis lets budget measures sink in as he mulls presidential pick
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    and its move to axe state funding for the far-right Spartiates party. Both had been issues that the party... from New Democracy’s state funding rather than being borne by the taxpayers.

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  10. IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    but remain persistent in services due to wage growth. As RRF funding expires, GDP growth may slow... of around 2.5 pct of GDP in 2025. Improving expenditure efficiency is essential to ensure adequate funding

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