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  1. Alpha Bank posts net profits of 4.7 mln in Q3
    Photo by MacroPolis

    EconomyBanking

    of Greek SMEs secured with real estate assets with total on-balance sheet gross book value... ratio at 67 percent. Total coverage including collateral came to 119 percent. Regarding the auctions of repossessed assets, a total of 2,568 auctions were held between January to October. The success

    12%

  2. Newsletter 263 -11/09/2020

    Newsletters

    . Of the total, 150 auctions were successfully held while the remaining were postponed or cancelled... compared to May. Year-on-year, the figure for those employed decreased by 174,217 (-4.4 percent). Total... when compared with June 2019 (+3.4 percent). The total inactive population now stands at 3.31

    12%

  3. Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    its time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed... growth slightly moderates to 0.7 pct, from 1.1 pct this year, while the unemployment rate for first... in 2025, at circa 6 billion euros, from 2.4 pct and 5.68 billion euros this year. The total deficit

    12%

  4. Parties diverge over Gaza conflict in wake of UN vote abstention
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    in Gaza. In total, 121 member states voted in favour to 14 against, with 44 abstentions... he offered Greece’s support to Israeli President Benjamin Netanyahu, the government insists

    11%

  5. PASOK emerges as main beneficiary in reshuffling of political deck
    Image: https://kinimaallagis.gr/

    PoliticsGreek Politics

    parties Course for Freedom, MeRA25 and New Left now surpass the original with a total 11.3 pct... and Prime Minister Benjamin Netanyahu will lead to a further escalation of hostilities in the Middle East

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  6. Despite lukewarm reaction, PM insists tax cuts will pave way to third term
    Image: https://www.primeminister.gr/

    PoliticsGreek Politics

    and SYRIZA. Eight parties in total would cross the threshold for parliament based on these results... with Israeli PM Benjamin Netanyahu, while SYRIZA said his position shamed the country by ignoring

    11%

  7. Energy, defence high on agenda as Tsipras prepares for US visit
    Photo by Manolis Tsafos/Fosphotos

    PoliticsForeign Policy

    to export US LNG to Europe. It is also known that ExxonMobil, along with French Total, is interested... and the planned LNG plant at the port of Alexandroupoli. Washington has always considered Greece a key player

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  8. Balance of payments shows shipping on course for bumper year, but economic benefits unclear

    EconomyFeatures

    in transportation payments, which rose by 50 pct YoY in the first five months of 2022 to a total 7.5... pct pct of LNG tankers. The increase in LNG shipments following the EU’s decision to reduce its

    11%

  9. Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The breakdown showed 2 percent of the total tax debt (1.82 billion) is owed by 83.8 percent... million taxpayers (55.4 percent of total) owe less than 500 euros each. In contrast, just 16,290 taxpayers (0.4 percent of total) owe more than 300,000 euros each for a total amount of 78.79 billion

    11%

  10. Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
    Photo by MacroPolis

    Economy

    to generate total proceeds of 5.8 billion euros by 2018, of which 2.5 billion are expected to be collected in 2016, 2.2 billion in 2017 and 1.1 billion in 2018. The MoU signed in August envisaged privatisation... will be transferred to the Italian grid operator Snam. Of the total 66 percent stake in DESFA that is directly

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