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  1. Finance Ministry seeks solutions to address growing housing problem

    Economy

    programmes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every

    16%
  2. Updated Stability Programme reflects impact of crisis as growth revised to 3.1 pct, rising in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    growth estimate in the final budget for 2022. Harmonized inflation is also significantly revised... and then close to the agreed levels with the lenders of a surplus in the region of 2.2 pct, rising... inflation is 2 percentage points above the latest estimates, and a benign one where inflation

    16%
  3. Banks meet NPE reduction targets in Q3, adjust targets for next two years
    Bank of Greece

    EconomyMacroeconomy

    ) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous... conservative estimate of a 1.2 billion increase between Q2 2017 and the end of 2019. Curing is seen as falling by 2.5 billion due to higher sales and loan write-offs. These estimates are driven by BoG

    16%
  4. Newsletter 435 - 04/10/2024

    Newsletters

    once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget... growing by 6.7 pct this year. Real GDP growth estimates also moderate further from 2027, when... years is due to receive some sizable military orders estimated at 4 billion euros for warships

    16%
  5. Mitsotakis makes new bid to break deadlock with farmers as govt ponders relief measures
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    as the government grapples with farmer protests and broader cost‑of‑living pressures. In the vote estimate... parties register modest support: MeRA25 (2.7 pct), Movement for Democracy (2.2), Voice of Reason (2.1..., the Finance Ministry is taking a conservative stance and estimates that there is fiscal space of 800 million

    16%
  6. Greece reignites energy alliance talks with Israel and Cyprus amid US interest
    Photo by Aris Roupinas via https://www.pio.gov.cy/en/

    PoliticsForeign Policy

    of President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation

    15%
  7. Newsletter 336 - 06/05/2022

    Newsletters

    is a capping of household electricity bills. The ceiling will be imposed at 145 euros/MWh for households and 160/MWh euros for commercial users. This would, according to estimates, halve the bills compared... “bazooka,” estimated at another 2.5 billion euros, in advance of any EU decision at the end of May

    15%
  8. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    falling by 2.2 percent in 2017 and 3.2 percent in 2018, remaining stable in the first 7 months... availability of long-term rentals. According to one estimate published by rental platform.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment

    15%
  9. Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling

    15%
  10. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

    15%