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  1. Covid dominates start of 2022 but PM looks ahead to growth

    PoliticsGreek Politics

    in the country a year ago. As of January 1, 69.7 pct of the total population had received at least 1 jab

    7%

  2. Newsletter 322 - 07/01/2022

    Newsletters

    the start of the new term, which included scrapping the 50+1 pct rule for something more stringent... Minister Theodoros Skylakakis, who oversees fiscal matters, argued recently that the 1 billion

    7%

  3. Newsletter 323 - 14/01/2022

    Newsletters

    his TV interview that the second increase to the minimum wage would come on May 1. The minimum wage was raised by 2 pct on January 1 and the conservatives had promised a second increase at some point

    7%

  4. Central govt debt rises again in Q4, reaching 388.3 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    (over 5 years) debt made up 74.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 14.6 percent and 10.8 percent respectively. Greece’s cash deposits

    7%

  5. The Parable of the Populists and the Contemplatives
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    to pay for it at all. This is the new “Green economy.”[1] The kids and the Contemplatives are a bit.... [1] As we write this blog in early 2022, crude oil and natural gas prices are going up everywhere

    7%

  6. PM stands by Ukraine decision, feels vindicated on defence and foreign policies

    PoliticsGreek Politics

    that the next increase to the minimum wage, after the 2 pct rise on January 1, is due on May 1

    7%

  7. Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
    Photo by MacroPolis

    EconomyBanking

    expenses dropped by 1.5 percent in 2021 to 1 billion euros. Loan loss impairments dropped by 62.1... of the bank’s TLTRO III borrowing allowance. Capital The Common Equity Tier 1 (CET1) ratio for 2021

    7%

  8. Enhanced support package on way to combat inflation, as govt awaits crucial nod from EU
    Photo via https://flic.kr/p/2b9vcaC

    PoliticsGreek Politics

    Transition Fund which has so far been used to fund the measures. At 1 bln euros, the fund, which... January has now plateaued at 364, while hospital admissions with Covid outnumber discharges by 1.8 to 1

    7%

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

    EconomyBanking

    2021, 7.2 billion euros of Sunrise 1 in Q3 2021 and 2.7 billion euros of Sunrise 2 in Q4 2021... to 11.2 percent pro forma for share capital increase of 1.4 billion euros carried out in Q2. Tier 1 ratio

    7%

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

    EconomyMacroeconomy

    is lower by 1 percentage point from estimates. In the adverse scenario, the growth rate drops by 1

    7%